Articles Tagged With ‘Mergers and Acquisitions’




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Heritage Oaks Bancorp proposed sale under scrutiny

Shortly after Heritage Oaks Bancorp announced that Pacific Premier Bancorp of Irvine planned to acquire its banks through a $405.6 million stock transaction, a national attorney firm began questioning the logistics of the proposed deal. Heritage Oaks Bancorp has 12... (Continue reading)

El Dorado to sell KVEC to American General Media

KVEC news talk radio, the oldest radio station on the Central Coast, announced earlier today that El Dorado Broadcasters reached an agreement to sell KVEC to American General Media. Under broadcasting regulations, the public will now have 60 days to... (Continue reading)

Another SLO grocery store facing closure

In addition to the possible closures of several San Luis Obispo County Haggen grocery stores, Fresh & Easy is also planning to close its Broad Street store. Fresh & Easy announced Wednesday plans to close or sell the 97 Fresh... (Continue reading)

Smart & Final bids on Haggen stores

Grocery chain Haggen announced Monday plans to sell 36 stores in California and Nevada to two buyers who would keep the stores open. Under the offers which will require court approval, Smart & Final LLC proposed to buy 28 stores,... (Continue reading)

Charter buying Time Warner Cable

Charter Communications has announced that it is purchasing Time Warner Cable as part of a move that would create the nation’s third largest pay-TV service. [LA Times] The deal values Time Warner Cable at $56.7 billion. Federal regulators must still... (Continue reading)

Five San Luis Obispo radio stations to be sold to new media company

A new media company, Dimes Media of Camarillo, announced it has entered into an agreement with Mapleton Communications to purchase five San Luis Obispo market radio stations. The five stations are the first Dimes Media acquisition. Mapleton is attempting to... (Continue reading)

New Frontiers sells to Whole Foods

New Frontiers Natural Marketplace has sold four of its five stores, including its San Luis Obispo location, to Whole Foods Market. [Supermarket News] Each of the stores sold will convert to Whole Foods markets in a few weeks. As part... (Continue reading)

REC Solar sells residential solar division

San Luis Obispo based REC Solar is selling its residential division with plans to focus on commercial clients. Rec Solar employs about 200 people on the Central Coast. Sunrun, a San Francisco based startup which raised about $155 million in... (Continue reading)

KCOY and KEYT merger brings changes

Viewers are already noting some changes because of the merger of KEYT and KCOY in December. News-Press & Gazette purchased KEYT in Nov. 2012 and took over KCOY’s news operation late last year. Because of regulatory constraints, Cowles Media will... (Continue reading)

Heritage Oaks Bank to lay off 65 people

Heritage Oaks Bancorp is planning to lay off 65 employees as it consolidates 11 branches into five. In October, Heritage Oaks announced it had agreed to pay $56.4 million to buy the $447 million-asset Mission Community Bancorp, making it the... (Continue reading)



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