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Umpqua moves in with $44.7M bank buy

By   /  Friday, April 13th, 2012  /  Banking & Finance, Banking Industry, Top Stories, Tri-County Public Companies  /  Comments Off on Umpqua moves in with $44.7M bank buy

American Perspective Bank, a San Luis Obispo County lender founded five years ago, is being purchased by Portland-based Umpqua Holdings Corp. for $44.7 million. If the deal gains the approval of banking regulators and American Perspective shareholders, Umpqua will pay $10 per share in cash for the San Luis Obispo-based bank, a 12.4 percent premium Read More →

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City alleges Pini operates hotel illegally

By   /  Friday, April 13th, 2012  /  Law, Real Estate, Top Stories, Tourism  /  Comments Off on City alleges Pini operates hotel illegally

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Calavo plans $200M capital raise to prep for acquisitions

By   /  Friday, April 13th, 2012  /  Agribusiness, Banking & Finance, Top Stories, Tri-County Public Companies  /  Comments Off on Calavo plans $200M capital raise to prep for acquisitions

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$350M CMH project will meet deadline

By   /  Friday, April 6th, 2012  /  Real Estate, Top Stories  /  Comments Off on $350M CMH project will meet deadline

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Sientra prepares for South Coast hiring spree

By   /  Friday, April 6th, 2012  /  Technology, Top Stories  /  Comments Off on Sientra prepares for South Coast hiring spree

Backed with $151 million in capital, Santa Barbara-based breast implant maker Sientra is preparing for a flurry of hiring to bring its products to market. In early March, Sientra received the first FDA approval in several decades for new silicone-based implants for the U.S. market. Two weeks later, the firm said it closed a $65 Read More →

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Morro Bay considers up-market tourism branding

By   /  Friday, April 6th, 2012  /  Central Coast, Top Stories, Tourism  /  Comments Off on Morro Bay considers up-market tourism branding

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Melchiori, UC lawyers clash over $6.5M project

By   /  Friday, March 30th, 2012  /  Law, Real Estate, Top Stories  /  Comments Off on Melchiori, UC lawyers clash over $6.5M project

Santa Barbara-based Melchiori Construction Co. and the University of California appear to be headed for a showdown over a project at UC Santa Barbara that was originally awarded at $6.5 million. The UC Regents Office says the Ocean Science Education Building at Lagoon and UCEN roads should have been completed by Aug. 15. The system’s Read More →

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