Writing her own story: Santa Barbara woman launches Lucky Penny Press
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Cutting edge: New surgical center to open on State Street
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Lender sues Melchiori’s ex-wife
Heather Melchiori, the ex-wife of the embattled general contractor Mark Melchiori, faces a $1.3 million lawsuit from Rabobank alleging she failed to repay a business loan. Melchiori Construction Co. collapsed into bankruptcy in October after dozens of lawsuits from subcontractors alleging it did not pay them for work. The final blow was a $9 million Read More →
Amgen buys DeCode Genetics for $415M
Biotech giant Amgen is buying Icelandic genetics research firm DeCode Genetics for $415 million, the Thousand Oaks company said Dec. 10. The all-cash deal is expected to close before the end of the year and will give Amgen, the largest biotechnology firm in the world, opportunities to develop new medicines that target defective DNA. “DeCode Read More →
Utilities chief touts renewables over nuclear
In order for California to meet its ambitious goals for carbon emissions reductions, environmental reviews might need to be loosened slightly for renewable energy projects, according to the state’s top utilities regulator. Michael Peevey, the president of the California Public Utilities Commission, gave a wide ranging talk at the Hank Lacayo Institute at CSU Channel Read More →
Vitesse to raise $16.1M in stock offering
Camarillo-based Vitesse Semiconductor plans to raise $16.1 million in a public offering of stock. The deal, announced Dec. 6, will offer 10 million shares at $1.75 each, netting $16.1 million after costs. It’s expected to close Dec. 12. Needham & Company is acting as the sole book-running manager of the offering, and Craig-Hallum Capital Group Read More →
Santa Barbara broker celebrates 30 years of CRE dealmaking
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