Posts Tagged ‘acquisition’

Board continues to negotiate with propsective hospital buyers

NATCHEZ — The attorney for Natchez Regional Medical Center’s Board of Trustees said he has been “encouraged” by the response the hospital has received from potential buyers in recent weeks. Though representatives of the county-owned hospital had at one time said they hoped to have a deal closed by the end of fall, trustees attorney […] [...]

M&F branches to close as Renasant wraps up merger

by Associated Press Published: December 5,2013

Tags: acquisition, bank, banking, finance, financial institution, John Oxford, M&F, Merchants & Farmers, merger, Renasant Bank

TUPELO — The last six of nine planned branch closures will be completed by Monday as Renasant Bank’s merger with M&F Bank is finalized. Tomorrow, three former M&F Bank locations in Tupelo will close for good. Three remaining branches in Kosciusko, Southaven and Birmingham, Ala., will close on Monday. All are former M&F Bank locations […] [...]

County buys land in industrial park with RDA loan

COLUMBUS — Lowndes County will spend $5.5 million on three tracts of land at the GTR Global Industrial Aerospace Park. County administrator Ralph Billingsley tells The Commercial Dispatch that the county is using money borrowed from the Rural Development Authority in 2011. Billingsley says the county initially borrowed $13 million from the RDA to finance […] [...]

Chromcraft Revington sells to Colorado company

SENATOBIA — Sport-Haley Holdings has completed its $3.45 million purchase of furniture maker Chromcraft Revington. The company, which is based in West Lafayette, Ind., has a factory in Senatobia. Apparel maker Sport-Haley of Denver paid $2.7 million, and has promised to pay another $750,000 when Chromcraft’s plant in Delphi, Ind., is sold or mortgaged, or […] [...]

Britton & Koontz Capital selling to Home Bancorp

NATCHEZ — Home Bancorp Inc., of Lafayette, La., will acquire Britton & Koontz Capital Corp., including its three Baton Rouge, La., branches, under a $34.5-million deal. Britton & Koontz, the holding company for Britton & Koontz Bank, is based in Natchez. The bank also has five branches in Mississippi. Home Bancorp is the holding company […] [...]

The First reports improved quarter, nine-month period

HATTIESBURG — The First Bancshares Inc., holding company for The First, A National Banking Association, reports net income available to common stockholders for the three months ended Sept. 30 was $998,000, or $0.19 per diluted share, compared to $766,000, or $0.24 per diluted share, for the same quarter in 2012, an increase of $232,000, or […] [...]

State acquires marshland property in Hancock County

HANCOCK COUNTY — The state of Mississippi has acquired 2,483 acres of marshland located at the mouth of the Pearl River in Hancock County, according to a release from Secretary of State Delbert Hosemann. “For the second time this year, we were able to acquire heritage properties for the Tidelands Preserve on behalf of the […] [...]

Journal Inc. buys New Albany Gazette for undisclosed sum

by Associated Press Published: October 24,2013

Tags: acquisition, media, merger, New Albany Gazette, newspaper, Northeast Mississippi Daily Journal

NEW ALBANY — The Associated Press reports that Journal Inc., owner of The Northeast Mississippi Daily Journal, has bought the twice-weekly New Albany Gazette in Union County. The sale closed this past week. It was announced in yesterday’s edition of the Daily Journal. The Gazette had been owned for 34 years by Landmark Community Newspapers, […] [...]

All American buys more stores, enters Alabama market

MADISON — All American Check Cashing has expanded its payday and title loan services into Alabama with the acquisition and purchase of five retail stores. Terms were not disclosed. The retail stores located in Bessemer, Clanton, Millbrook, Prattville and Selma, Ala., will bring the total of All American’s stores to 50. All retail stores acquired […] [...]

Callon Petroleum selling Gulf asset for $100M

NATCHEZ — W&T Offshore Inc. plans to buy Callon Petroleum Co.’s shares of Gulf of Mexico oil and gas fields for $100 million. Callon announced the sale Thursday. It’s supposed to close by Nov. 30. Houston-based W&T will buy a 15 percent share of the Medusa field, which produces about 1,000 barrels of oil per […] [...]

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