By Guest commentary / Friday, February 14th, 2014 / Op/Eds, Opinion / Comments Off on Op/ed: What buyers and sellers need to know to make a deal happen this year
The new normal for deals is an elongated time to commit, both for buyers and sellers. Consequently, several impediments follow.
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 →
Santa Barbara-based Magellan’s Travel Supplies and Colorado Bag’n Baggage are joining forces to battle the difficult retail climate. The two companies, both of which are considered leaders in the U.S. luggage and travel products industry, announced the merger on Dec. 1. Magellan’s operates mainly as a catalog business, with a customer base of 1.8 million Read More →
By Staff Report / Thursday, December 1st, 2011 / Latest news, Tourism / Comments Off on Magellan’s joins up with Colorado firm
Magellan’s Travel Supplies, a Santa Barbara company with a global footprint in the travel products business, is merging with Colorado Bag’n Baggage of Denver. The combined company will be headquartered in Denver and will be part of the retail and outdoor holding of the Gart Companies, one of Colorado’s largest family owned businesses. The two Read More →
