Merger Plans Called Off
- Share via
<i> Times Wire Services</i>
Orange County home builders Standard Pacific Corp. and Olson Co. have called off their merger plans.
Standard Pacific, based in Costa Mesa, had announced plans in February to acquire Seal Beach-based Olson, an urban home builder, for about $22.3 million in stock.
The announcement on Wednesday gave no reason for calling off the deal.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.