Tri-county public company ranks shrink as Vitesse sells for $389M
By Staff Report / Wednesday, March 18th, 2015 / Latest news, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County / Comments Off on Tri-county public company ranks shrink as Vitesse sells for $389M
The deal values Vitesse at $5.28 per share, a premium of 32 percent over the stock’s 30-day average closing price.
Simon bid shakes up mall ownership
By Elijah Brumback / Friday, March 13th, 2015 / Latest news, Real Estate, Top Stories / Comments Off on Simon bid shakes up mall ownership
Indianapolis-based Simon Property Group isn’t satisfied with its 3.6 percent ownership stake in its real estate investment trust competitor Macerich Co.
Amgen braces for battle over biosimilars
By Erika Martin / Friday, March 13th, 2015 / East Ventura County, Latest news, Technology, Top Stories / Comments Off on Amgen braces for battle over biosimilars
On March 9, a company memo announced its plans to shutter San Francisco facilities once belonging to Onyx Pharmaceuticals and lay off 300 employees there.
Craft brew startups look for niches as capital bubbles up
By Elijah Brumback / Friday, March 13th, 2015 / Latest news, Small Business, Top Stories / Comments Off on Craft brew startups look for niches as capital bubbles up
While jousting in the upper rungs of the craft beer industry is limited, the battle at the bottom is getting interesting.
County won’t OK wastewater firm permit
By Marissa Wenzke / Friday, March 13th, 2015 / Latest news, Top Stories, West Ventura County / Comments Off on County won’t OK wastewater firm permit
SCWW remains closed and disputes the findings that led to it being shut out of Ventura County pipelines.
Forging a new Isla Vista: While politicians talk, area developer builds a teen center
By Erika Martin / Friday, March 13th, 2015 / Latest news, Nonprofits, Top Stories / Comments Off on Forging a new Isla Vista: While politicians talk, area developer builds a teen center
As Santa Barbara County continues to brush aside issues facing the unincorporated area of Isla Vista, leaving UC Santa Barbara to direct development, services for the families living in the student-dominated community have fallen by the wayside.
Law: Ventura County case spotlights dispute over NBVC complex
By Elijah Brumback / Friday, March 13th, 2015 / Columns, Latest news, Law & Goverment, Real Estate, Top Stories / Comments Off on Law: Ventura County case spotlights dispute over NBVC complex
A company that helped build a 300-unit housing project for Naval Base Ventura County in Port Hueneme claims it’s owed more than $7 million by its long-time development partner. Watt Properties, in addition to plaintiffs F.W. Parker and David Parker, filed a complaint March 3 in Ventura County Superior Court against Jesco Limited Partnership. The Read More →