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By Stephen Nellis / Friday, June 8th, 2012 / Banking & Finance, Top Stories, Tri-County Public Companies / Comments Off on Venoco shareholders approve CEO takeover bid
Venoco CEO Tim Marquez, a former petroleum engineer, has proven that he has the shareholder votes to take his company private. But does he have the money? The question came into sharp focus on June 5, when Venoco shareholders approved Marquez’s bid to buy the 49 percent of the company’s shares he doesn’t already own Read More →
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By Staff Report / Wednesday, June 6th, 2012 / Banking & Finance, Latest news, Tri-County Economy / Comments Off on 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 →
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By Staff Report / Tuesday, June 5th, 2012 / Banking & Finance, Tri-County Public Companies / Comments Off on 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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By Staff Report / Friday, June 1st, 2012 / Banking & Finance, Top Stories, Tri-County Public Companies / Comments Off on Banks lead region’s stocks at midyear
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