July 17, 2024

		

			
				

				   	

				    
				    
				    

					
 

				    

				    				    	
				    

				


			

		

		
		
 
			

				
												


								
								

								
																
								
 | Friday, December 19th, 2014

								
Albertsons & Safeway to sell 168 stores before merger is approved

								Banking & Finance, Latest news, Real Estate, Restaurants, Top Stories, Tri-County Economy								
The divestiture of the stores is part of another deal to secure FTC clearance for Albertons to acquire Safeway in a $9.2 billion deal. That transaction, which the companies are calling a merger, was announced in March and is expected to close in January.

							

						        

							


							

							


					        

					     

							
					       


					     


												


								
								

								
																
								
 | Friday, December 19th, 2014

								
LTC Properties raises $24.5M through sale of shares

								Banking & Finance, Latest news, Real Estate, Top Stories, Tri-County Public Companies, West Ventura County								
According to company filings, LTC will use the proceeds of the sale to pay down outstanding debt on its unsecured credit line, fund acquisitions and current development pipeline and for general corporate purposes.

							

						        

							


							

							


					        

					     

							
					       


					     


												


								
								

								
																
								
 | Thursday, December 18th, 2014

								
Reporting oversight costs SCE $170,000 in penalties

								East Ventura County, Latest news, Law & Goverment, Top Stories, West Ventura County								
SCE started notifying authorities of the undisclosed facilities after discovering it had not submitted reports for many of its Ventura County facilities through a self-audit.

							

						        

							


							

							


					        

					     

							
					       


					     


												


								
								

								
																
								
 | Thursday, December 18th, 2014

								
Simi chamber CEO set to retire

								Latest news, Top Stories								
Following a 30-year career with the chamber, Nixon will be moving to Sumerlin, Nevada, with her husband. The organization’s board of directors will be conducting a search for her replacement over the next five months.

							

						        

							


							

							


					        

					     

							
					       


					     


												


								
								

								
																
								
 | Tuesday, December 16th, 2014

								
Kimpton sold to UK hotel group in $430M deal, Miramar delayed

								Latest news, Real Estate, South Coast, Top Stories, Tourism								
The deal is touted as a move to accelerate growth of the new company’s brands in the U.S., particularly in Europe and Asia, where demand for boutique brands is on the rise.

							

						        

							


							

							


					        

					     

							
					       


					     


												


								
								

								
																
								
 | Monday, December 15th, 2014

								
Former Raytheon property in Goleta sells for $2.8M

								Latest news, Real Estate, South Coast, Top Stories								
Once home to aerospace and defense firm Raytheon, the industrial building at 5756 Thornwood Drive in Goleta has new owners, and improvements are on the way. 

							

						        

							


							

							


					        

					     

							
					       


					     


												


								
								

								
																
								
 | Thursday, December 11th, 2014

								
Wells Fargo to open new Santa Barbara location

								Banking & Finance, Banking Industry, Latest news, South Coast, Top Stories								
San Francisco-based Wells Fargo, one the largest employers in the Tri-Counties, is slated to open its fourth banking branch in Santa Barbara on Dec. 15. The new location is at 101 N. Milpas St. and will serve retail, mortgage and business banking customers. Wells Fargo signed the lease for the 2,600-square-foot former Blockbuster location in Read More →