SLO County mourns loss of Supervisor Paul Teixeira
The Central Coast received a bit of a shock June 27 when we learned that Paul Teixeira, the 4th District Supervisor for San Luis Obispo County, had passed away the night before from an apparent heart attack. Teixeira, who was just 57, was serving as chair of the board of supervisors at the time of Read More →
Nordman Cormany to shut down
Oxnard-based Nordman Cormany Hair & Compton, the largest law firm in the region as recently as 2011, has dissolved after more than 75 years in business. The firm said a number of retirements and departures over the last few years have forced it to close its doors this summer. “We are proud of our firm’s Read More →
Under pressure to sell itself, Vitesse plans $30M stock offering
Shares of Camarillo-based Vitesse Semiconductor Corp. were down 15 percent to $2.30 in mid-day trading June 19 as the company announced a public stock offering to raise up to $30 million. The move comes as the company faces pressure from Columbia Pacific Advisors, an investment firm that owns nearly 10 percent of Vitesse, to sell Read More →
Dole CEO offers $1.1 billion to take firm private
Westlake Village-based Dole Food Co.’s stock soared more than 21 percent Tuesday morning as CEO David Murdock made a cash offer of $12 a share for the 60 percent of the company he doesn’t own in a deal valued at $1.1 billion. Dole is one of the biggest producers and importers of fresh fruit and Read More →
Cal Poly names interim business deans
Doug Cerf, area chair for accounting and business law at the Orfalea College of Business, will serve as interim dean starting July 1. Cerf has been area chair for accounting and business law since 2007, and a Cal Poly faculty member since 1990. The announcement was made in a news release from Cal Poly. Cerf’s Read More →
