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By Stephen Nellis / Friday, June 21st, 2013 / Law & Goverment, Technology, Top Stories, Tri-County Economy / Comments Off on Investors sue Continental Wind Power
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By Marlize van Romburgh / Friday, June 21st, 2013 / Health Care & Life Science, Top Stories, Tri-County Economy / Comments Off on Cottage, Sansum deal signals M&A wave
The two largest health care providers in Santa Barbara are in talks to merge just weeks after the city’s only free clinic system said it may shut down, potentially marking the emergence of a dominant market player with unprecedented power in price negotiations with private insurers and the government. Sansum Clinic and Cottage Health System Read More →
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By Marlize van Romburgh / Tuesday, June 18th, 2013 / Latest news, Nonprofits, Tri-County Economy / Comments Off on Cottage, Sansum explore merger
Sansum Clinic and Cottage Health System, already the largest health care providers on the South Coast, plan to merge. The two organizations said June 18 that they are exploring options to combine the two organizations, which each employ thousands of people and see tens of thousands of patients a year. The deal would combine Cottage Read More →
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By Stephen Nellis / Friday, June 14th, 2013 / Central Coast, Top Stories, Tri-County Economy / Comments Off on Thornberg: SLO County poised to lead regional recovery
With its wine grapes, relatively affordable housing and recovering labor market, San Luis Obispo County sits at the leading edge of the recovering in the Tri-Counties and statewide. That was the view from Chris Thornberg, founder of Los Angeles-based Beacon Economics, at the semi-annual Central Coast Economic Forecast held in Atascadero on June 6. Speaking Read More →
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By Staff Report / Friday, June 7th, 2013 / Green Coast, Latest news, Technology / Comments Off on Cool Planet funding hits $54M
Camarillo-based Cool Planet Energy Systems said on Friday that it had raised $29.9 million of what it expects to be a $100 million funding round for its first grass-to-fuel plant production facility. Cool Planet, which has received funding from Google Ventures and BP in the past, has designed a machine that uses heat and pressure Read More →
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By Marlize van Romburgh / Friday, June 7th, 2013 / Banking & Finance, Banking Industry, Top Stories, Tri-County Economy, Tri-County Public Companies / Comments Off on $243M merger comes with fine, branch closures
PacWest Bancorp’s contentious acquisition of First California Bank has closed but the dust hasn’t settled yet on the $243 million merger. As the deal was sealed, the banks announced that federal regulators had ordered First California to pay a $600,000 fine and set up $1.1 million in restitution to more than 64,000 consumers who had Read More →
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By Stephen Nellis / Friday, June 7th, 2013 / Agribusiness, Law & Goverment, Real Estate, Top Stories, Tri-County Economy / Comments Off on County to seize Lompoc pond for salamander
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