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The publisher of a Japanese newspaper is under contract to buy the most expensive house built in OC during the last housing boom.
Toshiaki Ogasawara, publisher and chairman of The Japan Times Ltd., was last month's winning bidder in the high-profile auction for 1 Pelican Hill Road North, the 16,600-square-foot mansion in Newport Coast formerly called Villa del Lago, according to recently filed court documents.
Ogasawara...