Suit dismissed accusing Edison of starting Mountain Fire
A class action lawsuit alleging that Southern California Edison’s equipment sparked the recent Mountain Fire in Ventura County has been dismissed, according to the utility and the law firm which filed it. “We have confirmed that this complaint has been dismissed,” Edison said in a Nov. 19 letter to the California Public Utilities Commission. The Read More →
Mountain Fire losses mount; recovery begins
“In the end, it’s just a house,” Jim Blois, CEO of Blois Construction in Oxnard, said. Blois’s home in Camarillo Heights was one of, at last count, nearly 220 structures destroyed in the Mountain Fire which erupted Nov. 6 in the unincorporated Somis area northeast of Camarillo. Fueled by fierce Santa Ana winds, the fire Read More →
Real estate investor set to buy The Oaks for $157M
Stockdale Capital Partners is in contract with Macerich to buy The Oaks shopping mall in Thousand Oaks for $157 million, according to The Real Deal. Macerich CEO Jack Hsieh told shareholders this month that his company is set to sell The Oaks before the end of the year, but declined to identify the buyer. Citing anonymous sources, Read More →
The Trade Desk shares gain back 12% loss in week after earnings
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Port electrified by $42M grant for upgrades
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Teledyne makes largest purchase since FLIR deal
It has been a busy week for Thousand Oaks-based Teledyne Technologies. Just a few days after the technology and defense conglomerate announced it had made an acquisition, Teledyne announced it made an even bigger purchase the morning of Nov. 6. In an effort to bolster its aerospace and defense electronics business, Teledyne announced it has acquired select businesses in Read More →
Teledyne makes $57.3M purchase
Thousand Oaks-based Teledyne Technologies has acquired Mircopac Industries, a manufacturer of microelectronic circuits and sensors for military, aerospace and medical applications. Teledyne purchased the Texas-based company for $20 per share in an all-cash transaction valued at approximately $57.3 million taking into account Micropac’s net debt as of Aug. 24, the company announced Nov. 4. “We Read More →
