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First California nixes acquisition on eve of PacWest deal

By   /  Friday, February 8th, 2013  /  Banking & Finance, Banking Industry, Top Stories, Tri-County Economy  /  Comments Off on First California nixes acquisition on eve of PacWest deal

Westlake Village-based First California Financial Group has called off a deal to acquire Premier Service Bank, a small Riverside-based lender it was slated to buy last year. The dashed deal may be a sign that a contentious $231 million acquisition of First California by Los Angeles-based PacWest Bancorp is moving forward. Executives from First California Read More →

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Korean firm pays $170M to get toehold in U.S. with K-Swiss

By   /  Friday, January 25th, 2013  /  Banking & Finance, Top Stories, Tri-County Public Companies  /  Comments Off on Korean firm pays $170M to get toehold in U.S. with K-Swiss

After 47 years, the K-Swiss brand might be taking its first steps into the sunset. Westlake Village-based K-Swiss said Jan. 17 that it has agreed to a $170 million buyout by South Korean fashion and retail conglomerate E-Land World Limited. The sale comes after K-Swiss, the maker of the iconic white footwear that was the Read More →

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Target aims for Westlake Village

By   /  Friday, January 18th, 2013  /  Latest news, Real Estate  /  Comments Off on Target aims for Westlake Village

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Little-known brands get upscale home in Westlake Village

By   /  Friday, January 18th, 2013  /  Columns, Wine & Viticulture  /  Comments Off on Little-known brands get upscale home in Westlake Village

A posh new custom crush winery and tasting room in Westlake Village is likely to raise the profile of some small-scale but committed producers in Ventura County and the Malibu Coast wine region.

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Ryland plots a comeback: Homebuilder expects first profitable year since 2006

By   /  Friday, December 21st, 2012  /  Banking & Finance, Features, Tri-County Public Companies  /  Comments Off on Ryland plots a comeback: Homebuilder expects first profitable year since 2006

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The Plug Nickel changes hands and uncorks a tasting room

By   /  Friday, December 7th, 2012  /  Columns, Restaurants, Small Business  /  Comments Off on The Plug Nickel changes hands and uncorks a tasting room

The Plug Nickel in Westlake Village has changed hands, morphing into Cuvée Terrace.

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DeLorenzo leaves Dole for Itochu

By   /  Thursday, December 6th, 2012  /  Agribusiness, Banking & Finance, Latest news, Tri-County Public Companies  /  Comments Off on DeLorenzo leaves Dole for Itochu

Dole Food Co. President and CEO David DeLorenzo is leaving the company to lead Itochu Corp., the Japanese firm that’s in the process of buying Dole’s packaged foods unit for $1.7 billion. In another step toward closing the Itochu deal by the end of the year, shareholders of the Westlake Village-based food company approved it Read More →

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