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Johnson & Johnson acquires Mentor for $1.07B
One of the Tri-Counties’ largest public companies, Mentor Corp., was acquired by Johnson & Johnson Dec. 1 for about $1.07 billion. Under the terms of the agreement, Johnson & Johnson will start a tender offer to purchase all shares of Mentor at $31 – nearly double Mentor’s Nov. 28 closing price of $16.15. Santa Barbara-based Read More →
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American Airlines, Delta cut SLO flights
American Airlines and Delta announced this week that they are cutting all flights from San Luis Obispo County Regional Airport. American will also close a maintenance base there for its American Eagle operation. American Eagle currently operates four daily departures from the airport. The move will eliminiate about 100 jobs as the nation’s largest air Read More →
