Posts Tagged ‘acquire’

Tribe decides against buying bankrupt casinos

VICKSBURG — An Oklahoma Indian tribe is no longer planning to spend $125 million to buy the bankrupt DiamondJacks casinos in Bossier City, La., and Vicksburg from Legends Gaming. Global Gaming Solutions, a unit of the Chickasaw Nation of Oklahoma, wrote in court papers filed Jan. 25 that the DiamondJacks operations had run further downhill […] [...]

Contents of historic mansion going on block

by Associated Press Published: January 28,2013

Tags: acquire, buy, culture, furnishing, Heritage, historic, history, mansion, purchase, real estate, residential, sale, sell

PORT GIBSON — The contents of an Old South mansion in Port Gibson are going up for sale. An estate tag sale is set for Feb. 1-3 at the historic Oak Square home. The Clarion-Ledger reports Oak Square was once the town home of a cotton planter. It was later divided into apartments. More recently […] [...]

North Carolina-based company sites plant

NATCHEZ — Towel and tissue supplier von Drehle Corp. of Hickory, N.C., has announced it will locate a manufacturing plant in Natchez. Officials say in a news release that the company, which provides paper products to commercial and industrial consumers nationwide, will create at least 100 new jobs. Von Drehle acquired the former Mississippi River […] [...]

Bankrupt Missouri company sells local TV station

by Associated Press Published: January 21,2013

Tags: acquire, acquisition, bankrupt, bankruptcy, broke, court, media, medium, purchase, sale, sell, station, television, TV

JACKSON — St. Louis, Mo.-based Roberts Cos. is selling a TV station in Mississippi, one of many assets the financially troubled company has on the market. The St. Louis Post-Dispatch reports a bankruptcy judge approved the sale of WRBJ in Jackson to Trinity Broadcasting Network, a nonprofit religious corporation. Roberts Cos. is led by St. […] [...]

Real estate investors plead guilty to bid rigging

LAUREL — Two real estate investors have pleaded guilty to bid rigging and mail fraud in a scheme to artificially lower prices of auctioned homes in Alabama. U.S. Department of Justice officials say Robert M. Brannon, of Laurel, and his son Jason Brannon, of Mobile, Ala., conspired with others to avoid bidding against each other […] [...]

All American closes on another acquisition in Louisiana

by MBJ Staff Published: November 29,2012

Tags: acquire, acquisition, buy, check cashing, expansion, loan, merger, purchase, sale, sell, title

MADISON — All American Check Cashing has completed the acquisition of Community Financial Center of America, of Houma, La. Terms were not disclosed. This marks the fourth merger and acquisition for All American this year and increases the total number of retail stores in Mississippi and Louisiana to 40. Michael Gray, president of All American […] [...]

Pharmaceutical companies to be acquired for $101M

by MBJ Staff Published: November 14,2012

Tags: acquire, acquisition, buy, drug, health, health care, medicine, merger, pharmaceutical, sale, sell, transaction

MADISON — Pernix Therapeutics Holdings Inc., a specialty pharmaceutical company based in Texas, has entered into a definitive agreement to acquire Cypress Pharmaceuticals Inc., a privately owned generic pharmaceutical company, and Hawthorn Pharmaceuticals, Inc. (“Hawthorn”), a privately owned branded pharmaceutical company, both based in Madison. Under the terms of the agreement, Pernix will pay approximately […] [...]

City, county at odds over future of Delta hospital

Greenwood — The Greenwood City Council has voted 4-2 against seeking bids on the possible sale of the publicly owned Greenwood Leflore Hospital might be worth. The Greenwood Commonwealth reports the council’s decision came Wednesday. The Leflore board of supervisors voted 3-1 this week to seek proposals from potential buyers. The 208-bed hospital is owned […] [...]

Supervisors give nod to hospital’s acquisition of clinics

GREENWOOD — Leflore County supervisors have given approval to the local publicly owned hospital to buy two medical clinics. The Greenwood Commonwealth reports Greenwood Leflore Hospital wants to buy the Kosko Eye Clinic and the Greenwood Urology Clinic. Hospital Administrator Jim Jackson says the purchases also must be approved by the city of Greenwood. The […] [...]

State, feds want to buyout flood-prone Coast property

PEARLINGTON — Mississippi and federal officials have put a priority on buying out 111 flood prone properties in the town of Pearlington. Pearlington is located in Hancock County along the Mississippi-Louisiana state line. Mississippi Emergency Management Agency director Robert Latham and other officials met last Tuesday with the Hancock County Board of Supervisors to discuss […] [...]

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