$58.1M PacWest offer puts American Perspective in bidding war
PacWest Bancorp’s $58.1 million offer to buy American Perspective Bank has trumped an earlier deal for the Central Coast lender. The April 30 acquisition offer from Los Angeles-based PacWest, parent of Pacific Western Bank, comes three weeks after Umpqua Holdings Corp. of Oregon said it would buy American Perspective for $44.7 million in cash, or Read More →
Community West earned $819K in Q1
First-quarter profits at Community West Bancshares were up 38 percent to $819,000, the Goleta-based banking company said April 30. The parent of Community West Bank is under regulatory orders from the Federal Reserve Bank of San Francisco and Office of the Comptroller of the Currency that limit its ability to pay out dividends, sell stock Read More →
Driving on Sunshine: Electric Ford Focus kicks off tour in Santa Barbara
A Santa Barbara-based environmental group plans to install electric car chargers up and down the Highway 101 corridor in the Tri-Counties.
NiMin finds buyer for California oil assets
NiMin Energy is selling its San Joaquin Valley assets for $27 million, inching closer to the dissolution of the company. The news comes after NiMin, an independent oil and gas firm based in Carpinteria, said earlier this week that it is selling its Wyoming assets for $98 million and dissolving the company. For the past Read More →
Wasp warfare: Fighting pests with parasites
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Ventura startup aims to make real estate sales a social business
Ventura Home Team wants to put a socially responsible spin on real estate selling.
Area’s historic hotels capitalize on cache of hip new tourist draws
The agricultural and hospitality industries are natural fits to combine as tourism leaders work to attract visitors.
