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Times Staff and Wire Reports
Santa Barbara-based Santa Barbara Bank & Trust, a subsidiary of Santa Barbara Bancorp, agreed to purchase the commercial leasing assets of California Thrift & Loan for $61.5 million. . . . South River, N.J.-based IDM Environmental Corp. said its joint venture with Sudhakar Engineering received a $21-million contract to provide drilling and grouting on the East Dam Reservoir project outside Los Angeles.
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