November 21, 1985
The Los Angeles restaurant operator said that it intends to increase its stake in Fullerton-based Naugles Inc. to 51% within the next several months. The disclosure comes one week after Collins increased its holdings in the Mexican fast-food chain to 41.2% with the purchase of a 36.2% block of shares from Naugles' former chairman, Harold Butler. Collins will buy newly issued Naugles common stock directly from the company rather than on the open market, said Richard P.
October 4, 1987
Nexus USA, an Irvine-based commercial real estate developer, has acquired an 11.14-acre site in Riverside for a planned $18-million, 112,000-square-foot neighborhood shopping center. The site, at the northwest corner of La Sierra and Indiana avenues, had been planned as headquarters of fast-food restaurant Naugles Inc. before Naugles was acquired by Collins Foods International Inc. Construction of the Nexus Towncenter-Riverside is scheduled to begin early next year.