Los Angeles Business Journal


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Agency Plans to Pick Up Pace on Acquiring Firms

ADVERTISING: Number of targets for Engage:BDR bumped up to 15 from 12. Engage:BDR is completely committed to buying firms to round out its offerings to clients.

By Subrina Hudson October 14, 2016 midnight   Share
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Renovated LAX Terminal Debuts with $70.5 Million of Improvements

The Los Angeles International Airport debuted a freshly redesigned Terminal 6 on Wednesday, complete with Los Angeles-based retail and dining companies, and a vibe that’s said to be inspired by Sunset Boulevard.

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Lemonade Appoints Former Universal Studios Hollywood Head Larry Kurzweil as President and CEO

Lemonade Restaurant Group announced Wednesday that Larry Kurzweil, the former president and chief executive of Universal Studios Hollywood, will be joining the company as president and chief executive effective Dec. 1. Co-founders of the Los Angeles-based fast-casual restaurant, Alan Jackson and Ian Olsen, will assume the roles of chairman and chief culinary officer, and chief development officer, respectively.

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Hanjin to Sell Assets as Containers Pile Up, Long Beach Cargo Drops

From empty containers piling up to a drastic drop in cargo numbers, the impact of Hanjin Shipping Co.’s bankruptcy filing this summer has continued to frustrate local businesses.

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Kobe Bryant’s Partner Courted Controversy

INVESTMENT: Kobe Bryant’s Partner Courted Controversy

A previous firm of Kobe Bryant’s venture capital partner Jeff Stibel netted several lawsuits with its business practices.

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Squeeze In

CedarLane puts food packaging under pressure

CedarLane Natural Foods touts its investment in high-pressure processing as a packaging deal.

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Advertising Agency Supermoon Starts Fresh Mission

ADVERTISING: New name, execs help guide Supermoon.

Veteran agency hits the trail for campaigns with a new name and executive leadership.

L.A. Fast Casual Restaurant Greenleaf Gourmet Chopshop Growing

L.A. fast casual salad restaurant Greenleaf Gourmet Chopshop is growing.

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Some For-Profit Schools Flunk Out

EDUCATION: Rule changes make it harder to pass muster.

Some for-profit schools shutter after failing to make the grade under new financial aid rules.

Panda Express Grows Alternative Investment Platform

The Panda Restaurant Group announced plans today to expand their family office’s investment platform by bringing in Founding Partner and Managing General Partner of Breakaway Capital Warren Woo, and former Managing Director at Wells Fargo & Co. Carey Do Kim to the investment arm of the Cherng Family Trust Office in Los Angeles.

Muirfield Acquired by New York Public Relations Powerhouse

Public relations powerhouse Prosek Partners has acquired Westwood-based Muirfield Partners for an undisclosed amount of cash and equity from Muirfield founder Mickey Mandelbaum.

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Laser Focus Feeds Facial Clinic’s Expansion Plan

BEAUTY: Skin Laundry sees low-cost service as opportunity to clean up.

Skin Laundry has fleshed out a business strategy with a focus on low-cost laser facials.

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Shops Still Game to Trade on Departed Brand Name

RETAIL: Owner of Fred Segal wants moniker gone on Melrose.

Owner of Fred Segal name says Melrose shopping district property needs to drop the moniker.

Auction House Sees Lots of Advantages in IPO

ART: Investment could lift Carlyle’s business but firm faces online sales risks.

Auctioneer Carlyle Galleries International is bidding on going public to boost its business prospects.

Postproduction House’s Founder Calls for Action

ENTERTAINMENT: Fall of Modern Videofilm pitched as sabotage by hedge fund.

Founder of Modern Videofilm frames the postpoduction firm’s collapse as a hedge fund scheme.