Vernon News

Bellisio Foods entered into a definitive merger agreement to purchase Overhill Farms in a merger transaction valued at approximately $80.9 million.

Shares of lead-acid battery maker Exide Technologies have been under pressure, to put it politely, the last several weeks on concerns over debt repayments and environmental issues related to a Vernon, California recycling plant.

The benefits of the parcel post to local merchants were shown at a meeting held yesterday night by the Medford Merchants Association when steps were taken to adequately advertise along the rural routes that the farmers and ranchers can order by mail from local houses and have goods shipped to them by mail.

True Religion Apparel Inc. , the maker of designer jeans worn by stars such as Megan Fox and Angelina Jolie, agreed to be acquired by TowerBrook Capital Partners LP for about $835 million.

BCBG Max Azria Group last week won its lawsuit against Los Angeles-based label Stretta, which alleged that the company infringed on its Herve Leger trade dress.

Within the denim category, it is an upstart: neither a "Missy" brand nor a contemporary brand and being neither here nor there has served the label well, according to its chief executive.

They currently have a $2.00 target price on the stock, down from their previous target price of $6.00. The analysts wrote, "We are downgrading shares of Exide to NEUTRAL from OUTPERFORM on elevated uncertainty after the recent Vernon, CA facility closure, raising issues around a potential impact on the balance sheet and near-term profitability.

The state issued an emergency order forcing a recycling plant in Vernon to shut down after tests show it may have poisoned groundwater and released dangerous levels of arsenic in the air.

Exide Technologies in Vernon was shut down Wednesday by state regulators for leaking toxins through corroded pipes into the soil.

The Arts Conservatory at Vernon Middle School will present "Grease, the Musical" on Friday at 6 p.m. and Saturday at 1 p.m. Doors open a half hour before show time at Montclair High School, 4725 Benito St.