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Amgen announces $721M acquisition

By   /  Tuesday, March 30th, 2021  /  Banking & Finance, Biotech, Central Coast Health Watch, East Ventura County, Latest news, left, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Amgen announces $721M acquisition

Amgen reported its second major acquisition of the month, as the Thousand Oaks-based firm announced March 30 that it will acquire Rodeo Therapeutics Corporation, a privately held biotech company based in Seattle. The deal is worth more than $700 million, $55 million of which will be paid upfront, with up to $666 million more in Read More →

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Latest

Lisi: COVID-19 impacts values and acquisitions

By   /  Friday, April 10th, 2020  /  Latest news, Op/Eds, Opinion, Small Business, South Coast  /  Comments Off on Lisi: COVID-19 impacts values and acquisitions

By James Lisi From Feb. 20 to March 20, the bond risk premium jumped two points. This jump was larger than any previous move over a one-year period. Well-regarded economists are forecasting 20 percent to 35 percent fall in Gross Domestic Product for the next few months. We have just exited the best market for Read More →

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Latest

Amgen’s stock climbs after announcing Otezla acquisition

By   /  Monday, August 26th, 2019  /  Biotech, East Ventura County, Latest news, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Amgen’s stock climbs after announcing Otezla acquisition

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Culture key factor in mergers and acquisitions

By   /  Friday, March 1st, 2019  /  Biotech, Central Coast, Latest news, Small Business, Startups, Technology  /  Comments Off on Culture key factor in mergers and acquisitions

This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.

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Latest

MindBody raising $270 million through securities offering

By   /  Wednesday, June 6th, 2018  /  Central Coast, Latest news, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on MindBody raising $270 million through securities offering

Story updated at 3 p.m. June 8: Wellness-oriented software firm MindBody announced new details in its plans to raise capital through a debt securities offering for private investors June 8. The San Luis Obispo-based company raised its goal from $200 million to $270 million in convertible senior notes, which will come due in 2023. Net Read More →

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Latest

Ojai Community Bank sale to close Sept. 29

By   /  Tuesday, September 26th, 2017  /  Banking & Finance, Banking Industry, Central Coast, Latest news  /  Comments Off on Ojai Community Bank sale to close Sept. 29

The Bank of the Sierra took the final step toward closing its acquisition of the parent company of Ojai Community Bank on Sept. 22, with the announcement that OCB Bancorp shareholders had voted to approve the deal. The announcement was made a day after the OCB Bancorp shareholder vote. Ojai Community Bank will close on Read More →

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Latest

MindBody acquires dynamic pricing technology company

By   /  Wednesday, March 29th, 2017  /  Central Coast, Latest news, Technology, Tri-County Public Companies  /  Comments Off on MindBody acquires dynamic pricing technology company

Business management software company MindBody, based in San Luis Obispo, announced March 29 that it had acquired early-stage Southern California yield management company Lymber Wellness. Lymber uses MindBody’s application program interface platform to support adjustable pricing strategies for wellness-based businesses. The technology changes the prices for classes and appointments based on availability, similar to dynamic Read More →

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