Pacific Premier shareholders approve acquisition of Heritage Oaks

Pacific Premier Bancorp shareholders have voted to approve the acquisition of Paso Robles-based Heritage Oaks Bancorp, Pacific Premier said March 28. The all-stock deal, announced Dec. 13, is valued at $405.6 million or $11.68 per share. It combines the region’s largest bank, with $2 billion in assets, and Pacific Premier, which has $3.8 billion in assets, Read More →
Regulators back Pacific Premier acquisition of Heritage Oaks

The board of governors of the Federal Reserve System and the California Department of Business Oversight approved Irvine-based Pacific Premier Bancorp’s acquisition of Heritage Oaks Bancorp in Paso Robles, the company announced in a news release March 21. The all-stock deal, announced Dec. 13, is valued at $405.6 million or $11.68 per share. It combines the Read More →
SLO County supervisors deny Phillips 66 rail spur project appeal

After more than a full day of listening to public comments, the San Luis Obispo County Board of Supervisors voted March 14 to deny the Phillips 66 rail spur project. The board voted 3-1 to uphold the SLO County Planning Commission’s decision in October to deny a permit application for the project, which called for Read More →

Vandenberg Air Force Base strives to hire small businesses

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