Opinion: PPP loans provide lifeline to tri-county businesses
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Amgen puts $421M into BeiGene
Thousand Oaks biotech giant Amgen has upped its investment in Chinese oncology research firm BeiGene by $421 million. Amgen’s new investment, announced July 13, will allow the company maintain its ownership interest in BeiGene at 20.3 percent following a direct offering by the Chinese firm. Amgen shares rose more than 1 percent following the news Read More →
Simi Valley industrial building leased to undisclosed investor
The industrial and office sectors of Ventura’s commercial real estate market continue to see action, even during a pandemic. A new industrial building in Simi Valley is already off the market. Newmark Knight Frank announced the lease of a 211,715-square-foot building in Simi Valley at 1757 Tapo Canyon Road. The Class A industrial building sits Read More →
Making moves: Acquisitions help Santa Barbara’s Movegreen grow
Santa Barbara eco-friendly moving company Movegreen is working to claim more coastline, with two acquisitions that give it a foothold in Los Angeles and bridge its operations from Ventura to Orange County. The company is also in the final days of acquiring an expanded facility in Oxnard to serve as its new flagship, as historically Read More →
Movegreen makes LA, Orange County acquisitions
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Mindbody’s Stollmeyer to be executive chair of the board
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Several tri-county companies got at least $5M in PPP funding
At least a dozen companies in the Tri-Counties received more than $5 million each in Paycheck Protection Program funding since the start of the COVID-19 pandemic, according to data released July 6 by the Trump administration. The companies’ names were listed because of the size of the loans they took out. All companies who took Read More →
