Los Angeles Business Journal

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Mapletree’s Extended Interest Lands Deal For Oakwood Worldwide

Oakwood Worldwide, the extended-stay apartment company based in West L.A., has been acquired by Mapletree Investments Pte Ltd., a real estate investment trust based in Singapore, in an all-cash deal.

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Homeboy’s Desire for Revenue Generator Powered Recycler Acquisition

E-Waste Pickup

Gang member rehabilitator Homeboy Industries seeks revenue charge from e-recycling.

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Snap Control Structure Could Hinder IPO Price

TECHNOLOGY: Snapchat parent could be valued at up to $22 billion in offering.

Concentration of voting shares with the co-founders could prove costly for Snap’s IPO.

Royalty Fee Collector Worldwide Subsidy Group Rebuffed in Court

A federal judge in Los Angeles booted a case brought by royalty collection service Worldwide Subsidy Group over fees the company said were owed by David Letterman’s production company Worldwide Pants Inc.

Appellate Court Upholds Insurance Commission’s Decision to Cut Mercury Rates

A state appellate court Friday upheld the California Department of Insurance’s decision to deny Mercury Casualty Co.’s 2009 request to raise homeowner insurance premiums.

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Investment Fund Scores Hoops Star

Clippers’ Chris Paul joins with Turner Impact Capital to back creation of affordable housing.

Turner Impact Capital teams with basketball star Chris Paul on affordable housing.

Merrill Sticks With Fiduciary Rules Trump Targets

NVESTING: Rules put forth under Obama stay in place even as GOP seeks rollback.

Financial institutions have been stuck in an awkward position since the election of President Donald Trump as they try and figure out what direction his regulatory policies will take.

Stone Canyon Packs Up Dutch Firm in Second $2 Billion-Plus Acquisition

Stone Canyon Industries, which has deep ties to Michael Milken, continued its role as an active player in the M&A market last week, shelling out $2.3 billion to purchase industrial packaging and container maker Mauser Group.

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Ad Tech Firm Buys in to Sealing Deals for Clients

INVESTMENT: Centerfield expands service in sales with Qology Direct acquisition.

Ad tech firm Centerfield lands $156 million to help step into consumer sales side of scene.

Clippers’ Chris Paul Teams With Turner Impact Capital on Workforce Housing Fund

Los Angeles Clippers’ point guard Chris Paul has partnered with Santa Monica-based real estate investment firm Turner Impact Capital to invest $264 million into affordable workforce housing.

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