Posts Tagged ‘acquisition’

Faulkner heirlooms going up on auction block

by Associated Press Published: April 10,2013

Tags: acquisition, auction, author, buy, heirlooms, literary, novelist, papers, purchase, sale, sell, short story, writer

OXFORD — It’s a literary treasure trove. William Faulkner’s 1950 Nobel Prize for Literature. The Legion d’Honneur medal presented to him by France in 1951. Faulkner’s Nobel handwritten acceptance speech draft. All in an estate package that includes 26 letters and postcards sent by Faulkner, 25 leather-bound columns of the author’s work and manuscripts of [...] [...]

Class-action complaint filed over proposed bank merger

KOSCIUSKO and TUPELO — Robbins Geller Rudman & Dowd, LLP of San Diego has started a class action, through an amended complaint filed on April 8 in the United States District Court for the Northern District of Mississippi on behalf of all holders of First M&F Corporation (FMFC) common stock as of Feb. 7, 2013, [...] [...]

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 [...] [...]

SoS receives nearly 200 bids for tax-forfetied properties

MERIDIAN — The Secretary of State’s Office recently received 183 bids to purchase 103 parcels of tax-forfeited properties in Meridian and Lauderdale County, effectively returning more than $62,000 to local property tax coffers. Secretary of State Delbert Hosemann said, “Tax-forfeited properties are a blight on the community. Returning these properties to private taxpaying ownership also [...] [...]

City sells property to nonprofit for home construction

HORN LAKE — Horn Lake is planning to sell some city-owned property to Habitat for Humanity for seven homes to be built by the nonprofit agency. The Commercial Appeal reports that aldermen voted last week to declare seven lots as surplus. Three appraisals will determine their fair market value — and thus the sale price. [...] [...]

Law firm expands footprint in Florida with merger

by MBJ Staff Published: March 5,2013

Tags: acquisition, attorney, buy, expand, expansion, law, law firm, merger, purchase, sale, sell

JACKSON — The law firms of Adams and Reese LLP and Jacksonville, Fla.-based Volpe, Bajalia, Wickes, Rogerson & Wachs (VBWR) have merged, growing Adams and Reese to 15 offices nationwide and five offices in the state of Florida. The merger was announced jointly by Adams and Reese managing partner, Charles P. Adams Jr. and VBWR shareholder, [...] [...]

DMR criminal investigation includes charter boat trips

BILOXI — About $80,000 in charter boat trips are now part of a criminal investigation of the Mississippi Department of Marine Resources, an official has told The Sun Herald. Invoices and letters provided by the DMR indicate the trips were to sample fish for research about artificial reefs, even though the department owns a $389,000 [...] [...]

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 [...] [...]

Alabama, Florida banks vote to merge with Community

by MBJ Staff Published: February 21,2013

Tags: acquisition, bank, banker, banking, buy, expansion, finance, financial institution, merger, purchase, sale, sell

BILOXI — The boards of directors of Community Bank, National Association, based in Alabama and the recently acquired Community Bank, Destin, Fla., have voted to merge with Community Bank, Coast, headquartered in Biloxi. Terms were not disclosed. According to Community Bank, the merger creates a $588-million bank consisting of 15 offices of Community Bank from [...] [...]

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