Venoco extends financing deadline for CEO
Venoco has extended CEO Tim Marquez’s deadline to July 20 to disclose how he will finance his effort to take the company private. Marquez’s buyout of the company, which is based in Denver but has about 150 employees in the Tri-Counties, was approved by shareholders on June 5. But at the time of the approval, Read More →
Read More →Oxnard’s Seabridge Marketplace center sold
The Seabridge Marketplace shopping center in Oxnard’s Channel Islands Harbor has changed hands in a quick sale to a San Diego investment group. The 91,631-square-foot shopping center was purchased by real estate investment trust Retail Opportunity Investments Corp. for an undisclosed amount. The seller was Dana Point-based K&G/Seabridge I LLC. The shopping center is part Read More →
Read More →Limoneira earnings up in second quarter
After a first-quarter loss, Limoneira Co. bounced back with earnings of $1.5 million for the second quarter, the company said June 11. The Santa Paula-based agribusiness reported $16.1 million in revenue for the quarter ended April 30, $12.4 million of which came from lemon sales. That’s compared to $12.5 million in revenue for the same Read More →
Read More →T.O. snags Rolls-Royce, Bentley dealerships
By August, Bentley and Rolls-Royce owners in the Tri-Counties will no longer need to drive to Beverly Hills for service or to buy a new model. Thousand Oaks officials confirmed June 11 that the city has secured a dealership for both luxury brands at its auto mall. “We’re absolutely thrilled. This is a great addition Read More →
Read More →City National exec sees slow, steady recovery
Staying the course for now will pay off in the long run, according to City National Bank’s chief investment officer. Bruce Simon, who oversees investment activities for the $24 billion nationwide bank, and economist Chris Thornberg gave mid-year updates at a June 6 forum hosted by City National in Camarillo at the Spanish Hills Country Read More →
Read More →Venoco shareholders approve CEO’s takeover bid
[wikichart align=”right” ticker=”NYSE:VQ” showannotations=”true” livequote=”true” startdate=”05-12-2011″ enddate=”05-06-2012″ width=”300″ height=”245″] [Editor’s Note: Correction appended below.] Venoco shareholders have approved CEO Tim Marquez’s bid to take the company private despite the fact that he has yet to give details on how he would gather the nearly $400 million in financing to close the deal. After the June Read More →
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