December 5, 1995 |
Graphix Zone Inc., a multimedia company known for its aggressive pursuit of top show business talent, announced Monday that it intends to merge with a San Francisco-based CD-ROM producer through an exchange of stock valued at $39 million. The merger will bring together Graphix Zone, a developer of music and other entertainment CD-ROMs, and StarPress, a leading developer of reference CD-ROMs. StarPress Inc.
July 1, 2011 |
As warehouses go, there are few like Skechers USA Inc.'s new 1.82-million-square-foot distribution center. This warehouse is so big that it takes half a minute to drive from one end to the other at 60 miles per hour. The setup is so advanced that human hands will hardly touch the cargo as it is unpacked, categorized, stacked and prepared for delivery. The building is so green that it uses prevailing winds for ventilation instead of air conditioning. For its new North American operations warehouse, the nation's No. 2 footwear company chose the Inland Empire's Moreno Valley.
July 17, 1996
PageStar Inc. said Tuesday that it has agreed to buy Communication Transmitting Service from Orange-based paging carrier Paging Dimensions Inc. for $200,000 in cash and 800,000 shares of common stock. PageStar markets wholesale and customized wireless telecommunications services to customers of other businesses through co-marketing promotions. Communication Transmitting's assets include its common carrier paging license and network equipment in the Southern California market.
September 2, 1996
PageStar Inc., a marketer of wireless telecommunications services, said it has acquired Satellite Control Technologies Inc., SCT's subsidiary and its patented remote control wireless switching technology in a stock swap. PageStar turned over 6 million shares--50% of the company--for the purchase. As part of the deal, SCT President Steve Lipman became president of PageStar, whose former president, Eric Chess Bronk, took over as PageStar's chief operating officer.
July 5, 2011 |
In one of the largest real estate sales since the last boom, investors have purchased the Pasadena headquarters of engineering company Parsons Corp. for $320 million. The 22.7-acre campus on the northern edge of Old Pasadena was bought from Parsons by Morgan Stanley Real Estate Investing and Lincoln Property Co. The international engineering firm has agreed to remain in its signature 12-story headquarters tower as a tenant for 15 years. The sale was the largest office transaction in Los Angeles County since Aon Center in downtown Los Angeles sold for $327 million at the peak of the real estate cycle in 2007, according to real estate brokerage statistics.
June 20, 2013 |
Aspiring punk-rock and alternative bands packed patrons into grungy Al's Bar in downtown Los Angeles throughout the 1980s and 1990s, making it one of the West Coast's best-known venues for hearing edgy music of the era. Well-known performers such as the Red Hot Chili Peppers, Nirvana, the Fall, Sonic Youth, Beck and the Misfits all strode the modest stage in the dive bar at 303 S. Hewitt St. before they made it big. The bar closed in 2001 but...