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American Riviera Bank expanding to San Luis Obispo County

By   /  Tuesday, July 11th, 2017  /  Banking & Finance, Banking Industry, Central Coast  /  Comments Off on American Riviera Bank expanding to San Luis Obispo County

American Riviera Bank is making a jump into the San Luis Obispo County market, opening a loan production office in Paso Robles with additional branches planned to fill in the territory north of its Santa Barbara base. The office will open next month at 205 Oak Hill Road in The Highlands Shopping Center. It will Read More →

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Frontier Communications completes 1-for-15 reverse stock split

By   /  Monday, July 10th, 2017  /  Latest news, Technology, Tri-County Public Companies  /  Comments Off on Frontier Communications completes 1-for-15 reverse stock split

Frontier Communications completed a 1-for-15 reverse stock split on July 10, opening at $16.35 per share, with around 175 million shares outstanding. The company announced the split March 28 when it filed paperwork with the Securities and Exchange Commission, and the move was approved by shareholders and the board of directors May 10. Its market Read More →

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Sienna Biopharmaceuticals files for $75 million IPO

By   /  Thursday, July 6th, 2017  /  East Ventura County, Health Care, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Sienna Biopharmaceuticals files for $75 million IPO

Westlake Village biotechnology company Sienna Biopharmaceuticals filed for an initial public offering with the Securities and Exchange Commission on June 3, stating expectations to raise up to $74.75 million. Founded in 2010, the company develops clinical-stage topical therapies for inflammatory skin diseases and other conditions. ARCH Venture Partners and Venvest Capital led a $40 million Read More →

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Semtech acquires AptoVision Technologies

By   /  Monday, July 3rd, 2017  /  Latest news, Technology, Tri-County Public Companies  /  Comments Off on Semtech acquires AptoVision Technologies

Semtech, a semiconductor and Internet of Things company based in Camarillo, signed a $28 million agreement to acquire AptoVision Technologies, a chip maker for high-definition displays based in Montreal. Semtech plans to finance the deal with cash on hand, including additional contingent payments of up to $47 million based on future financial targets, according to Read More →

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Activist investor demands that Deckers Brands sell company

By   /  Friday, June 30th, 2017  /  Latest news, South Coast, Tri-County Public Companies  /  Comments Off on Activist investor demands that Deckers Brands sell company

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Limoneira could triple lemon output at packinghouse

By   /  Friday, June 30th, 2017  /  Agribusiness, Latest news, Tri-County Public Companies, West Ventura County  /  Comments Off on Limoneira could triple lemon output at packinghouse

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MannKind hires financial adviser after boosting cash on hand

By   /  Thursday, June 29th, 2017  /  East Ventura County, Health Care, Latest news, Technology, Tri-County Public Companies  /  Comments Off on MannKind hires financial adviser after boosting cash on hand

MannKind, a Southern California biotechnology company heading to Westlake Village, hired Greenhill & Co. as a financial and strategic adviser June 28, after requesting the last of its line of credit through a loan from the Mann Group. The company will draw on the remaining $30.1 million of funding, using $10.6 million to capitalize unpaid Read More →

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