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Santa Maria Energy drills down on search for private equity

By   /  Friday, May 9th, 2014  /  Banking & Finance, Central Coast, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Santa Maria Energy drills down on search for private equity

Santa Maria Energy is on the hunt for private equity funding for its $120.7 million capital budget after a going-public deal fell apart.

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Santa Maria Energy shelves $79M going-public deal

By   /  Friday, May 2nd, 2014  /  Central Coast, Top Stories, Tri-County Economy  /  Comments Off on Santa Maria Energy shelves $79M going-public deal

A $79 million merger that would have taken Santa Maria Energy public has been called off after its financiers couldn’t gather the votes to pass it.

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Cable swap would create regional duopoly for TV and broadband

By   /  Friday, May 2nd, 2014  /  Central Coast, East Ventura County, South Coast, Technology, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Cable swap would create regional duopoly for TV and broadband

A cable television deal announced in preliminary form on April 28 would give the tri-county media landscape its most dramatic makeover in years, consolidating control over local cable advertising and business broadband service into the hands of just two major players. As proposed, Charter Communication and Comcast would swap millions of customers nationwide. The swaps Read More →

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Updated: Chumash Casino yanks Clippers deal over Sterling scandal

By   /  Monday, April 28th, 2014  /  Central Coast, Latest news, Tri-County Economy  /  Comments Off on Updated: Chumash Casino yanks Clippers deal over Sterling scandal

“We absolutely agree and support NBA Commissioner Adam Silver’s decision today,” Vincent Armenta, tribal chairman of the Santa Ynez Band of Chumash Indians, said in a statement on Tuesday.

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Fitch upgrades SLO County general obligation bonds to AAA

By   /  Friday, April 25th, 2014  /  Banking & Finance, Central Coast, Tri-County Economy  /  Comments Off on Fitch upgrades SLO County general obligation bonds to AAA

Fitch Ratings has upgraded San Luis Obispo County’s general-obligation bonds to AAA, the highest grade it offers, from AA+.

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Hyde Park Acquisition deal delay clouds Santa Maria Energy’s plans

By   /  Friday, April 25th, 2014  /  Banking & Finance, Central Coast, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Hyde Park Acquisition deal delay clouds Santa Maria Energy’s plans

Hyde Park’s investors spurned the Santa Maria Energy deal, at least for now. Sixty-seven percent voted to push the final vote on the merger back to April 30, signaling there were not enough votes to approve the deal outright.

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Shell company holds key to Central Coast TV station rollup

By   /  Friday, April 25th, 2014  /  Central Coast, Green Coast, South Coast, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Shell company holds key to Central Coast TV station rollup

The quest for control of the Tri-Counties’ airwaves comes as federal regulators are souring on deals that give control of multiple stations to one company through cozy arrangements with former executives.

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