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Venoco CEO Tim Marquez, a former petroleum engineer, has proven that he has the shareholder votes to take his company private. But does he have the money? The question came into sharp focus on June 5, when Venoco shareholders approved Marquez’s bid to buy the 49 percent of the company’s shares he doesn’t already own Read More →
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Dako, a Danish company that makes cancer diagnostic tools and employs about 200 people in Carpinteria, has been purchased by Santa Clara-based Agilent Technologies in a $2.2 billion deal. Dako has about 1,000 employees worldwide, is owned by private equity fund EQT and had revenue of about $340 million in 2010. The company makes a Read More →
[EDITOR’S NOTE: This story, originally published online on May 18, was updated with additional quotes and information. The updated version, published May 25, is below]. On the heels of $463 million in business investment since 2010, the city of Goleta is teaming up with its neighbor UC Santa Barbara and the Goleta Valley Chamber of Read More →