by Associated Press Published: January 9,2013
Tags: acquisition, buy, casino, city, entertainment, federal agency, federal government, fort, gaming, government, hotel, lease, lodging, municipal, municipality, nightlife, park, purchase, restaurant, sale, sell, tourism, tourist, vacation, visitor
NATCHEZ — A lease between the city of Natchez and the Isle of Capri on some property at Fort Rosalie has expired and the National Park Service wants to acquire the land. Natchez National Historical Park Superintendent Kathleen Jenkins tells the Natchez Democrat there was an understanding was that the NPS would obtain the Little [...] [...]
JACKSON — The accounting firms White & Company and Watkins, Ward and Stafford, PLLC, have merged. James Lee Stafford, CPA, executive manager of Watkins, Ward and Stafford, and David O. White, CPA, of White & Company announced the merger. Watkins, Ward and Stafford, PLLC currently has 13 offices across Mississippi. White will be assuming the [...] [...]
by MBJ Staff Published: January 7,2013
Tags: acquisition, buy, construction, dealer, dealership, heavy equipment, merger, purchase, retail, retailer, retailimng, sale, sell
JACKSON — Mitsubishi Caterpillar Forklift America Inc. (MCFA) has acquired Daily Equipment Company (DEC) of Jackson. The price was not disclosed. DEC has five other full-service branches in Mississippi (Biloxi) and Louisiana (New Orleans, Baton Rouge, Shreveport and Lake Charles). Emmerson Daily, CEO and founder of DEC, said, “MCFA offers me assurance that Daily Equipment [...] [...]
by Associated Press Published: January 7,2013
Tags: acquisition, attorney, buy, city, health, health care, hospital, investment, law, lawyer, legal, medical, medicine, municipal, municipality, public health, purchase, sale, sell, trust
OXFORD — The $30-million investment that the city of Oxford made with money from the sale of a hospital in 2011 is paying off. Attorney Robert Paine with the Oxford Municipal Reserve and Trust Fund Committee reported the market value of the trust fund assets was over $31. 2 million. That is a gain of [...] [...]
by Associated Press Published: January 4,2013
Tags: acquisition, appliance, buy, kitchen appliance, manufacture, manufacturer, manufacturing, market, merger, plant, purchase, sale, sell
GREENWOOD — The new owner of Viking Range says it is on a fast track to increase the company’s market share and profit margins. The Greenwood Commonwealth reports the plans were outlined this week by Selim A. Bassoul, Middleby Corp.’s chairman and CEOl. Middleby paid $380 million for Greenwood-based Viking Range. Fred Carl Jr., Viking’s [...] [...]
by MBJ Staff Published: January 3,2013
Tags: acquisition, buy, manufacture, manufacturer, manufacturing, merger, mill, packaging, paper, purchase, sale, sell
PICKENS — Burrows Paper Corporation completed the acquisition of the remaining 75 percent equity interest in Innopak Hong Kong Limited (the investment company that owns 100 percent of Innopak Heshan) from Innopak Holdings Limited. Until recently, Burrows was a 25 percent stakeholder in this joint venture packaging company. Innopak Heshan is a converter of specialty [...] [...]
by Associated Press Published: January 3,2013
Tags: acquisition, city, community development, county, government, health, health care, hospital, lease, medical, medicine, public health, purchase, sale, sell
GREENWOOD — Before the Greenwood City Council pulled the plug on the potential sale of Greenwood Leflore Hospital, one of the primary motivators for looking into the issue was the anticipated threat of competition from Grenada. It was well known that Grenada County was looking for someone to take its taxpayers off the hook for [...] [...]
by Associated Press Published: January 2,2013
Tags: acquisition, appliance, buy, kitchen, manufacture, manufacturer, manufacturing, merger, plant, purchase, sale, sell
GREENWOOD — Food service equipment maker Middleby Corp. has bought Mississippi-based oven and kitchen appliance maker Viking Range Corp. for $380 million. Viking Range is based in Greenwood, and makes products for use in residential cooking. Middleby said Viking Range has $200 million in annual sales. Over the last 12 months Middleby’s revenue has grown [...] [...]
by Associated Press Published: December 21,2012
Tags: acquisition, buy, buyer, city, economic development, government, industrial, land, manufacture, manufacturer, manufacturing, municipal, municipality, plant, property, purchase, real estate, sale, sell
NATCHEZ — Economic developers say progress is being made toward goal of having a buyer for the Mississippi River Pulp plant. The Natchez Democrat reports a local economic developer group — Natchez Inc. — has been working with MRP since the company shut down its recycled fiber plant Oct. 31. Natchez Inc. director Chandler Russ [...] [...]
by MBJ Staff Published: December 18,2012
Tags: acaquisition, acquisition, buy, cash, check, check cashing, expansion, lend, lender, loan, merger, money, payday lender, purchase, sale, sell
MADISON — All American Check Cashing has completed the acquisition of Payday Solutions, LLC, of Denham Springs, La. Terms were not disclosed. This marks the fifth merger and acquisition for All American this year and increases the total number of retail stores in Mississippi and Louisiana from 32 at the beginning of 2012 to 41. [...] [...]
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