Simi mall owners pin turnaround plan on high-end theater anchor
Over the last three years, the new owners have gone through dozens of draft plans and contended with the demise of Simi Valley’s redevelopment agency. The developers have finally settled on a vision that will add a Studio Movie Grill as a second anchor tenant and build a new, centrally located parking lot.
Dry spell: Ventura County struggles to refill from Santa Clara River
Farms, industries and municipalities in Ventura County could see a severe reduction in the amount of water they receive from the Santa Clara River watershed and sharply higher prices if a pair of environmental challenges are successful, a top groundwater manager said Nov. 16.
Tony Morgan, groundwater department manager for the United Water Conservation District, said at a symposium in Santa Paula that the district is unlikely to be able to supply anywhere near the water this year that it has in the past because of prolonged dry weather.
Ventura County leaders call for immigration reform
Business and agriculture leaders speaking at a Nov. 8 economic forecast hosted by the California Lutheran University Center for Economic Research and Forecasting put forth a vocal call for immigration reform amid a deepening farm-labor shortage.
ValueClick reboots: Online advertising firm to sell assets, rename
The $1.6 billion Westlake Village-based digital advertising company has been under fire from investors — and trial attorneys — for its reliance acquisitions to produce revenue growth. It has also faced criticism of the steep losses it has taken on selling off business lines that didn’t work out.
2014 Amgen Tour set to cycle through four of region’s cities
The 2014 Amgen Tour of California, the largest cycling race in the U.S., will visit four cities in the Tri-Counties in May. The eight-day annual event will roll through Cambria, Pismo Beach and Santa Barbara before concluding at the finish line in Thousand Oaks.
Murdock completes buyout of Dole Food Co.
Dole Food Co. CEO and Chairman David Murdock has completed a buyout of the company, a deal that takes the Westlake Village-based produce giant private and values it at $1.6 billion.
The merger was approved by shareholders on Oct. 31, the company said. Dole shares will cease trading on the New York Stock Exchange at the close of business on Nov. 1.
