Posts Tagged ‘acquire’

One of city’s oldest buildings gets new owners

by Associated Press Published: May 2,2013

Tags: acquire, acquisition, buy, culture, eatery, entrepreneur, entrepreneurship, food, history, purchase, restaurant, Restaurateur, sale, sell

NATCHEZ — A new owner plans to breathe new life into one of Natchez’s oldest structures. Natchez native, chef and restaurateur Regina Charboneau, her husband Doug and their son Jean Luc recently purchased King’s Tavern. Over the next several months, the family plans to clean up the property and eventually reopen the restaurant as early […] [...]

Stockholders approve sale of casino for $869M

VICKSBURG — The sale of Ameristar Casino will mark the second gambling house buyout in Vicksburg in less than a year. The stockholders of Las Vegas-based Ameristar Casinos Inc. last week approved the company’s planned acquisition by Pinnacle Entertainment. The all-cash transaction is estimated to be valued at $869 million. No change to Ameristar’s brand […] [...]

The First buys Alabama bank for undisclosed sum

HATTIESBURG — The First Bancshares Inc. has acquired First National Bank of Baldwin County, Ala. Terms of the acquisition, announced yesterday, were not made public. Officials say the acquisition expands The First into Alabama with five new branches. The First will now have 24 locations in Mississippi, Louisiana and South Alabama. The First will now […] [...]

County to buy abandoned warehouse, industrial property

NATCHEZ — Adams County has agreed to buy a 450,000-square-foot warehouse at the Natchez-Adams County Port. County board of supervisors President Darryl Grennell says the warehouse will help economic development in the area. The warehouse on the Mississippi River houses products loaded on and unloaded off barges. The port has operated the warehouse for Valley […] [...]

Law clears way for UMMC to take over hospital

GRENADA — Legislation that would allow the University of Mississippi Medical Center to take over a hospital in Grenada has been signed into law. Gov. Phil Bryant signed House Bill 1721. It takes effect immediately. Grenada County has been shopping around the county-owned Grenada Lake Medical Center since last summer. The bill would allow the […] [...]

Prospective buyer approaches supervisors about hospital

NATCHEZ — Less than five years after Adams County failed to find a buyer for county-owned Natchez Regional Medical Center, at least one interested buyer recently emerged. The Natchez Democrat reports the potential buyer approached several Adams County supervisors. Supervisor Mike Lazarus says it’s too early to tell what will come from the inquiry, but […] [...]

County looking to buy land from alternative fuel company

NATCHEZ — Adams County officials are continuing talks on buying the former International Paper site from Rentech. The Natchez Democrat reports supervisors met Monday and board attorney Scott Slover said no decision has been made. The IP mill was once home to the area’s biggest employer but was shuttered in 2003. Rentech purchased the property […] [...]

Retailer expanding, buying former Viking Cooking School site

by MBJ Staff Published: April 2,2013

Tags: acquire, acquisition, appliance, buy, chef, cook, cooking, culinary arts, purchase, retail, retailer, retailing, sale, sell

RIDGELAND — Cowboy Maloney’s Appliance, Electronics and Bedding Superstores is expanding its Ridgeland location by acquiring the recently closed Viking Cooking School space. The store will be known as Cowboy’s Kitchens. The cost of the acquisition was not disclosed. Since its inception of the, the Viking Store by Cowboy Maloney’s in Ridgeland has seen an […] [...]

Jackson-based bank buying branch office in Oxford

OXFORD — Trustmark National Bank, a subsidiary of Trustmark Corporation, has signed a definitive branch purchase and assumption agreement pursuant to which it will acquire the two branches of SOUTHBank, F.S.B., serving the Oxford market. The agreement contemplates the assumption of selected deposit accounts of approximately $11.8 million as well as the purchase of the […] [...]

Ex-DMR board member asked Trust to buy land from boss’ son

by Associated Press Published: February 25,2013

Tags: acquire, acquisition, board, buy, conflict of interest, investigation, land, law, legal, loan, property, purchase, sale, sell, state agncy, sweetheart deal, trust

BILOXI — The head of the Land Trust for the Mississippi Coastal Plain says a board member employed by the state Department of Marine Resources asked the trust if it would buy land from her boss’ son, if the department provided some money. The proposal came from Tina Shumate, who resigned early in February as […] [...]

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