SD FINANCERecent and archived news stories on: Banks, Credit Unions, Mortgage Lending, SBA, Stocks/Bonds, Venture Capital, Wealth Management...
Business: Determining Value Can Involve a Variety Of Factors and Approaches
If you’re planning to buy a business, it’s essential to establish its value before making an offer. Many factors must be taken into consideration in order to get a good return on your investment and minimize your risks.
SALES: M&As Bring Up Legal, Financial and Even Emotional Issues
Selling a business is a complex undertaking that requires patience and careful planning to maximize your company’s market value.
The recovery may be happening slowly in some industries like construction, but most banks are feeling flush these days.
Intrexon Corp. has completed its acquisition of San Diego-based Medistem Inc., the acquiring company announced.
San Diego’s unemployment rate increased to 7 percent in January from December’s rate of 6.5 percent, as the region’s net job loss during the month was 16,400, according to the latest report from the state’s Employment Development Department.
Encore Capital Group Inc. priced $140 million — the aggregate principal amount — of convertible senior notes due in 2021.
The San Diego office of commercial real estate services company HFF Inc. has secured $23.5 million in refinancing for two apartment communities totaling 141 units in National City.
Acadia Pharmaceuticals Inc. announced it plans to raise $182 million in a secondary public offering of its common stock, pricing 6.4 million shares at $28.50 apiece.
San Diego super-scientist J. Craig Venter has launched a new company, Human Longevity Inc. that aims to prolong the human lifespan through genomics and cell therapy-based diagnostics.
New York-based SL Green Realty Corp. has agreed to sell its 43.7 percent interest in a Southern California office portfolio of 28 properties, including six San Diego buildings, for $100 million.
Cardium Therapeutics Inc. has entered a strategic collaboration and funding arrangement with Shanxi Taxus Pharmaceuticals Co. Ltd. of China to support the worldwide clinical and commercial development of San Diego-based Cardium’s regenerative medicine therapeutics products.
Leap Wireless International, the San Diego based flat-rate carrier doing business under the Cricket brand, said it will release its 2013 fourth quarter and full year financial results to the Securities and Exchange Commission, but doesn’t intend to issue a separate news release or hold a conference call with stock analysts later this month.
Acadia Pharmaceuticals Inc. announced it plans to raise $150 million in a secondary public offering of its common stock, though it didn’t indicate how it might use the proceeds.
New York City-based Leucadia National Corp. will increase its stake in investment and development firm HomeFed Corp., under terms of an agreement in which the Carlsbad-headquartered HomeFed will receive $18.4 million in cash, along with certain real estate holdings of Leucadia.
Bright Light Management, a San Diego venture management fund, aimed at helping early-stage companies, recently announced its launch.