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Reality sets in for San Luis Obispo’s MindBody

By   /  Monday, June 22nd, 2015  /  Banking & Finance, Central Coast, Latest news, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Reality sets in for San Luis Obispo’s MindBody

For San Luis Obispo’s MindBody, reality has set in. The party is over. After early excitement about its initial public offering Friday, reality set in when shares plummeted about 17.4 percent by the end of the day. MindBody shares were rebounding slightly Monday morning. MindBody raised $101 million by selling 7.2 million shares at $14 Read More →

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San Luis Obispo’s REC Solar acquires Stellar Energy

By   /  Friday, June 19th, 2015  /  Central Coast, Latest news, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on San Luis Obispo’s REC Solar acquires Stellar Energy

REC Solar acquired Stellar Energy from Stellar’s parent company Soligent Holdings on Wednesday in an asset purchase agreement. San Luis Obispo-based REC Solar will add 62 current solar projects and 60 megawatts to its portfolio with the acquisition of Stellar Energy, the leading solar provider in the West. “We are excited about the breadth of Read More →

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MindBody IPO raises $101 million

By   /  Friday, June 19th, 2015  /  Banking & Finance, Central Coast, Latest news, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on MindBody IPO raises $101 million

    San Luis Obispo’s first initial public offering in years for a non-bank company went off without a hitch on June 19 when MindBody raised slightly more than $101 million. MindBody, which develops software and provides merchant processing for yoga studios and fitness clubs, sold 7.2 million shares of stock at $14 per share Read More →

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Cal Poly San Luis Obispo’s HotHouse gets $200K

By   /  Friday, June 19th, 2015  /  Central Coast, Latest news, Technology, Top Stories, Tri-County Economy  /  Comments Off on Cal Poly San Luis Obispo’s HotHouse gets $200K

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Former SLO, Santa Maria city managers discuss development challenges

By   /  Friday, June 19th, 2015  /  Central Coast, Latest news, Top Stories, Tri-County Economy  /  Comments Off on Former SLO, Santa Maria city managers discuss development challenges

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Paso Robles wine castle’s woes fade into medieval history

By   /  Friday, June 19th, 2015  /  Central Coast, Columns, Latest news, Small Business, Tourism, Tri-County Economy, Wine & Viticulture  /  Comments Off on Paso Robles wine castle’s woes fade into medieval history

The former Eagle Castle Winery, a Paso Robles wine country landmark overlooking Highway 46 West, has emerged from its version of the Dark Ages with a more modern look and visitor-friendly improvements after sitting vacant for 18 months and being sold while under Chapter 11 bankruptcy protection. Now the home of Tooth & Nail Winery, Read More →

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San Luis Obispo supervisors deny appeal over Harbor Terrace project

By   /  Friday, June 19th, 2015  /  Central Coast, Columns, Latest news, Real Estate, Small Business, Top Stories, Tri-County Economy  /  Comments Off on San Luis Obispo supervisors deny appeal over Harbor Terrace project

On June 16, Michael Kidd and his Concerned Citizens for Avila army rallied as hard as they could against a proposed redevelopment of 32 acres in the hills above the Port San Luis Harbor District, but couldn’t stop more than a decade of momentum behind the project. The proposed $20 million development could include up Read More →