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Katie Hill Sues Media Outlets, Ex-husband | San Fernando Valley Business Journal - Vimarsana News

Katie Hill Sues Media Outlets, Ex-husband | San Fernando Valley Business Journal

Former local Congresswoman Katie Hill has filed a lawsuit against her ex-husband and two news organizations for allegations of posting nude photos of her on the internet, according to media reports. Among the defendants in the legal action is Salem Media Group, Inc., the Camarillo Christian broadcaster and publisher. Salem owns RedState, a conservative media site that posted some of the photos, according to the Associated Press. Also named in the lawsuit are Mail Media, Inc., parent of the Daily Mail, a news website based in New York, and Kenneth Heslep, Hill’s ex-husband, according to rep...

Source: sfvbj.com
Bel Air Internet Acquired by Private Equity Firm | San Fernando Valley Business Journal - Vimarsana News

Bel Air Internet Acquired by Private Equity Firm | San Fernando Valley Business Journal

Bel Air Internet has been acquired by M/C Partners, a private equity investment firm. Financial terms of the deal between the Sherman Oaks internet services provider and M/C Partners in Boston were not disclosed. Bel Air will be combined with AerioConnect in Newbury Park and Metro Fiber in Los Angeles, two other recent acquisitions by the East Coast investment firm. Together, the acquisitions will create one of the largest internet service providers in the region. Bel Air serves more than 800 multi-family and commercial buildings in Los Angeles. AerioConnect serves more than 500 of the same k...

Source: sfvbj.com
Aerojet Rocketdyne Acquired for $4.4 Billion | San Fernando Valley Business Journal - Vimarsana News

Aerojet Rocketdyne Acquired for $4.4 Billion | San Fernando Valley Business Journal

Aerospace and defense giant Lockheed Martin Corp. plans to acquire Aerojet Rocketdyne Holdings Inc. in a deal valued at $4.4 billion. Aerojet in El Segundo has major operations in Chatsworth, where the company is currently building the RS-25 engine for use on NASA’s Space Launch System to take humans to the moon and for deep space missions. Eileen Drake, chief executive of Aerojet, said she was pleased to bring the company into the fold of Lockheed in Bethesda, Md. in a transformative transaction that will provide premium cash value for shareholders and benefits for employees, customers and...

Source: sfvbj.com
Glendale City Councilman to Chair Metrolink | San Fernando Valley Business Journal - Vimarsana News

Glendale City Councilman to Chair Metrolink | San Fernando Valley Business Journal

Ara Najarian Glendale City Councilman Ara Najarian has been named as the chairman of the governing body of Metrolink, the commuter railway service. Najarian will head up the Southern California Regional Rail Authority Board of Directors effective Jan. 1. He replaces outgoing chair Brian Humphrey, who represents the Ventura County Transportation Commission. Prior to his appointment as Metrolink chair, Najarian served as vice chairman for two years. He was first appointed to the board for the rail service between 2007 and 2012 and was reappointed in 2013. He represents the Los A...

Source: sfvbj.com
Executives Promoted at PennyMac Financial | San Fernando Valley Business Journal - Vimarsana News

Executives Promoted at PennyMac Financial | San Fernando Valley Business Journal

PennyMac Financial Services Inc. announced Wednesday two promotions within its executive ranks, effective Jan. 1. Andrew Chang was promoted to chief operating officer of the Westlake Village mortgage lender. He had previously been chief financial officer. Daniel Perotti will become the new chief financial officer. Previously he had been deputy chief financial officer. In his new role, Chang will oversee the company’s finance division as well as responsibilities managing the marketing, human resources, information technology and corporate administration and regulatory relations. He will cont...

Source: sfvbj.com