Teledyne to buy Flir in $8B deal
Teledyne Technologies, a multinational conglomerate based in Thousand Oaks, will spend around $8 billion in cash and stock to buy Flir Systems, a thermal imaging company with a manufacturing and research and development facility in Goleta. The deal was announced early in the morning on Jan. 4, and has been approved by the boards of Read More →
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Coming in 2021: Economic recovery, eventually
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Read More →Restaurant losses mount since outdoor dining ban
Restaurants across the country have been decimated by the COVID-19 pandemic, and the latest stay-home order in Southern California hasn’t helped. One restaurant owner said sales are down 80% since outdoor dining ended.
Read More →Five tech business trends to watch in 2021
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Read More →Region’s bankers see a bumpy road to recovery in 2021
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Read More →Guitar Center bankruptcy hits final note
Guitar Center announced that it emerged from Chapter 11 bankruptcy proceedings after its reorganization plan was confirmed in federal court on Dec. 17, less than a month after the company filed for bankruptcy. The plan puts into motion a collection of previously announced recapitalizations, including exit financing and the abolishment of all of Guitar Center’s Read More →
Read More →Dignity Health regional CEO Chuck Cova to retire
Dignity Health Central Coast President and CEO Chuck Cova will step down as the leader of the biggest hospital chain in the region, Dignity Health announced Dec. 30. His retirement comes after a 38-year career with Dignity Health. Cova was the president and CEO of Marian Regional Medical Center in Santa Maria in 2004 when Read More →
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