Also. . .
* Highland Bancorp of Burbank agreed to be acquired by Jackson Federal Bank, a unit of Britain’s Prudential, for $120 million in cash, or about $25.45 a share. Highland Bancorp, the holding company for Highland Federal Bank, also reported a 21% rise in first-quarter earnings to $2.91 million, or 67 cents a share. Highland Bancorp shares rose 81 cents to close at $24.06 on Nasdaq.
*
* Waste Management Inc. reached an agreement to sell trash collection businesses, landfills and other assets in seven states for $110 million to closely held Waste Corp. of America to reduce debt.
*
Guide to Our Staff: Need to reach Business section reporters or editors? A guide to the section’s staff can be found at http://ukobiw.net/bizstaff.
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.