PacWest to buy First California for $231M
Banking & Finance, Banking Industry, Latest newsLos Angeles-based PacWest Bancorp is buying First California Financial Group for $231 million in an all-stock deal. At $8 per share, PacWest’s price represents an 18.5 percent premium over First California’s share price at the close on Nov. 6. The deal also comes after months of tense negotiations between the rival banks. PacWest offered $7.25 Read More →
Data vs. the deluge: Direct Relief takes high-tech approach against Sandy
Features, NonprofitsThe largest nonprofit in the Tri-Counties is battling it out with Hurricane Sandy, helped by powerful data technology from a Silicon Valley firm. Goleta-based Direct Relief International has partnered with Palo Alto-based Palintir, a firm that creates big data applications for the federal government and private companies, to better coordinate its response to the massive Read More →
The new Far Western Tavern rides into Old Town Orcutt
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Flying pigs spotted in Oxnard near RiverPark grand opening
Columns, Real Estate“And they said it wouldn’t happen.”