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By Dana Olsen / Monday, November 19th, 2012 / Banking & Finance, Technology, Top Stories, Tri-County Public Companies / Comments Off on Amgen aims to put cholesterol drug on market
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By Stephen Nellis / Friday, November 16th, 2012 / Banking & Finance, Technology, Top Stories / Comments Off on $430M deal rolls Row 44 onto Nasdaq
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By Staff Report / Wednesday, November 14th, 2012 / Banking & Finance, Banking Industry, Latest news / Comments Off on UPDATE: Pacific Capital sale to close Dec. 1
Union Bank’s $1.5 billion acquisition of Santa Barbara Bank & Trust’s parent company is slated to close Dec. 1 now that federal regulators have signed off on the deal. In approving the sale of Pacific Capital Bancorp with a formal order on Nov. 14, Federal Reserve officials set in motion a number of events. They Read More →
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By Stephen Nellis / Friday, November 9th, 2012 / Columns, Law & Goverment, Tri-County Public Companies / Comments Off on Amgen case before SCOTUS could stymie new class-action suits
On Nov. 5, Thousand Oaks-based Amgen argued a case before the U.S. Supreme Court that could make it much harder for shareholders to form a class when suing a company for making misleading statements that distort its stock price. The outcome, which is likely to be decided by the politics of the individual justices, could Read More →
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By Marlize van Romburgh / Friday, November 9th, 2012 / Banking & Finance, Banking Industry, Top Stories / Comments Off on $231M First California sale shakes up bank ranks
With the Tri-Counties’ two largest banks being acquired by bigger players, the regional lending landscape is shifting dramatically away from community financial institutions. Los Angeles-based PacWest Bancorp said Nov. 6 that it is buying First California Financial Group for $231 million in an all-stock deal. At $8 per share, PacWest’s bid represents an 18.5 percent Read More →
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By Marlize van Romburgh / Tuesday, November 6th, 2012 / Banking & Finance, Banking Industry, Latest news / Comments Off on PacWest to buy First California for $231M
Los Angeles-based PacWest Bancorp is buying First California Financial Group for $231 million in an all-stock deal. At $8 per share, PacWest’s price represents an 18.5 percent premium over First California’s share price at the close on Nov. 6. The deal also comes after months of tense negotiations between the rival banks. PacWest offered $7.25 Read More →
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By Stephen Nellis / Friday, November 2nd, 2012 / Banking & Finance, Technology, Top Stories, Tri-County Public Companies / Comments Off on Kleiner Perkins startup could spell new era for Amgen
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