Los Angeles businessman Eli Broad, pictured in 2006, regained control of the Placer Ranch property after a development company backed out of a project, complicating plans to build a major college campus on the land.
Los Angeles businessman Eli Broad, pictured in 2006, regained control of the Placer Ranch property after a development company backed out of a project, complicating plans to build a major college campus on the land. REED SAXON Associated Press file
Los Angeles businessman Eli Broad, pictured in 2006, regained control of the Placer Ranch property after a development company backed out of a project, complicating plans to build a major college campus on the land. REED SAXON Associated Press file