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By Alex Kacik / Friday, October 23rd, 2015 / Banking & Finance, Banking Industry, Latest news, Top Stories, Tri-County Public Companies / Comments Off on Mergers reshape tri-county banking
Citizens Business Bank will acquire County Commerce Bank in a cash-and-stock deal, shrinking the number of community banks but vastly increasing the region’s lending capital. The proposed merger would strengthen Citizens’ commercial banking presence in Ventura County and fuel its regional expansion. Ontario-based Citizens, which has maintained a strong presence in the San Fernando Valley, Read More →
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By Alex Kacik / Friday, October 23rd, 2015 / East Ventura County, Latest news, Real Estate, Top Stories / Comments Off on Chinese have yuan for Conejo Valley
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By Alex Kacik / Friday, October 23rd, 2015 / Banking & Finance, Banking Industry, Latest news, Top Stories / Comments Off on Rabobank facility bringing 250 jobs to Santa Maria
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By Alex Kacik / Friday, October 23rd, 2015 / Columns, Latest news, Real Estate / Comments Off on Shopping centers changing hands across Tri-Counties
The Woodlands Plaza in Simi Valley was sold for nearly $16 million, continuing a string of recent shopping center transactions and renovations in the Tri-Counties. Local private real estate investors DP Grand Simi purchased the 61,373-square foot shopping center at 530 E. Los Angeles Ave. from another private investment group, B/C Sinaloa Plaza. The $15.9-million Read More →
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By Alex Kacik / Friday, October 16th, 2015 / Latest news, South Coast, Top Stories / Comments Off on Lobsters big business for tri-county fishermen
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By Alex Kacik / Friday, October 16th, 2015 / Central Coast, Energy, Latest news, Top Stories / Comments Off on San Luis Obispo County oil operator weighs spin off or sale
Freeport-McMoRan is looking to expand its oil and gas production in San Luis Obispo County even though it’s rethinking strategy and may sell or spin off operations. The Arizona-based oil, copper and gold producer wants to add 350 new wells and replace 100 in the Arroyo Grande oil field off Price Canyon Road. It currently Read More →
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By Alex Kacik / Friday, October 16th, 2015 / Columns, East Ventura County, Latest news, Real Estate / Comments Off on Ryland Group’s Westlake office to close in 2016 due to merger
The Ryland Group office in Westlake Village will close in 2016 following the company’s merger with Standard Pacific Homes. Homebuilders Ryland and Irvine-based Standard Pacific recently completed a $5.2-billion merger to create CalAtlantic Group, the nation’s fourth largest residential home developer. Larry Nicholson, former CEO of Ryland, will serve as CEO of the new Read More →
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