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By Pacific Coast Business Times Staff / Monday, July 19th, 2010 / Uncategorized / Comments Off on Mall on the market: Simi Town Center owner looks to reduce its debt
With the Simi Valley Town Center on the market, investors have the chance to buy one of the region’s largest and newest shopping malls at a discount from its $166 million construction cost. A real estate marketing firm announced in late June that the center was up for sale, just five years after it was Read More →
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By Staff Report / Monday, July 19th, 2010 / Latest news / Comments Off on TMC Communications acquired
Santa Barbara-based TMC Communications announced July 7 that it had agreed to an acquisition offer by Globalinx, a telecommunications company in Rochester, N.Y. The deal is expected to close in 90 days. Terms were not disclosed. Globalinx will keep TMC’s Santa Barbara office but will re-brand it under its own name. TMC employees will stay Read More →
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By Pacific Coast Business Times Staff / Monday, July 19th, 2010 / Opinion / Comments Off on Editorial: A tasty billion as CKE goes private
It’s always hard to swallow the loss of a publicly traded company. But that’s what happened on July 12, when CKE Restaurants went private after tossing in the napkin and agreeing to be gobbled up by an affiliate of Wall Street financier Leon Black’s Apollo Management empire. We’ll take a minute to wish CEO Andy Read More →
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By Pacific Coast Business Times Staff / Monday, July 19th, 2010 / Opinion / Comments Off on Editorial: Time to heal after trauma center debate
After a sometimes contentious fight, Ventura County has the framework for a trauma care system in place. In recent weeks, the county Board of Supervisors approved Level II trauma centers for Ventura County Medical Center in Ventura and Los Robles Medical Center in Thousand Oaks. That gives both the east and west counties a designated Read More →
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By Pacific Coast Business Times Staff / Monday, July 19th, 2010 / Top Stories / Comments Off on New oil company drilling in old wells
A newly public Carpinteria oil firm backed by industry veterans has garnered $20 million to go after black gold in California and Wyoming. NiMin Energy Corp. raised $11.5 million in a public offering in May and now trades under the symbol NNN on the Toronto Stock Exchange, where many natural resource companies make their home. The Read More →
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By Pacific Coast Business Times Staff / Monday, July 19th, 2010 / Top Stories / Comments Off on Mindbody reaches for growth: SLO software firm connects wellness centers nationwide
San Luis Obispo-based Mindbody has spent the past nine years building up a roster of thousands of wellness companies who depend on its Web-based software to manage yoga, spa and fitness appointments and run their businesses. It’s now turning that client list into an online service that lets consumers find and book wellness appointments anytime, Read More →
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By Pacific Coast Business Times Staff / Monday, July 19th, 2010 / Top Stories / Comments Off on SLO reboots: Fresh wave of tech firms take hold
San Luis Obispo is relaunching as SLO 2.0. Over the past decade, San Luis Obispo and the nearby Five Cities area have blossomed as a mini tech hub, with companies such as MindBody (see accompanying article), Shopatron and REC Solar propelling the area forward. Although the San Luis Obispo area struggled throughout the recession, in part Read More →
