Posts Tagged ‘buy’

City offers $210K for old Crosby Hospital property

PICAYUNE — The city of Picayune will offer up to $210,000 for the old Crosby Memorial Hospital property. The city council voted 4-2 this week to make the offer to the property owner, Southern Regional Corporation. The five-acre has been listed for sale since December 2012 and company is asking $237,000 for the property. The […] [...]

Atmos Energy gets approval to buy natural gas system

ARTESIA — Public Service Commissioner Brandon Presley has signed an order approving the sale and transfer of the Town of Artesia’s natural gas system to Atmos Energy Corporation. Terms were not disclosed. According to a press release from Presley’s office, the Mississippi Public Service Commission action will result in a 49 percent rate reduction for […] [...]

Businessman buys historic home, plans mixed-use development

HATTIESBURG — A Hattiesburg businessman is planning to renovate a building that was constructed in 1898 and says it will add three apartments and retail space to downtown. The Hattiesburg American says the building on Front Street is owned by local businessman Charles Price. Price said the entire building encompasses 3,600 square feet. The first […] [...]

Atmos cleared to buy two natural gas systems

BUDE and MEADVILLE — Atmos Energy Corp. will buy two southwest Mississippi natural gas systems. The Mississippi Public Service Commission has approved Atmos’ purchase of gas systems from the towns of Meadville and Bude. The Bude system has 280 customers, while the Meadville system has 190. Atmos has been leasing and operating the systems since […] [...]

State buys more land on barrier island; total investment up to $8M

CAT ISLAND — A second portion of Cat Island has been purchased by the state of Mississippi through federal and grant funding, according to a release from the Secretary of State’s Office. The state acquired an additional 117 acres of Cat Island from a private landowner. The Secretary of State’s Office purchased 109 acres of […] [...]

Commission approves sale of Ameristar to Pinnacle

JACKSON — The Mississippi Gaming Commission has unanimously approved the Pinnacle Entertainment’s proposed acquisition of Ameristar Casinos. According to a release from Pinnacle, completion of the transaction remains subject to the receipt of additional required regulatory approvals and customary closing conditions. “Ameristar Casino Hotel Vicksburg is a terrific addition to our portfolio and nicely complements […] [...]

Cooper Tire selling to Indian company for $2.22B

TUPELO — The head of Ohio’s Cooper Tire & Rubber Co. says a $2.2 billion deal that puts the company under new ownership won’t result in the closings of its three U.S. manufacturing plants. Cooper chief executive Roy Armes says India’s Apollo Tyres Ltd. also plans to retain Cooper’s management operation in Ohio. Apollo announced […] [...]

Hospital trustees to choose firm for study of sale

NATCHEZ — The Natchez Regional Medical Center board of trustees will recommend to county officials next week who they think should determine if the sale of the county-owned hospital is feasible. The Rev. Leroy White — chairman of the hospital trustees — said the hospital has gotten several inquiries from firms about conducting a feasibility […] [...]

Malco buys theatre complex, plans expansion to entertainment center

OXFORD — Malco Theatres has acquired the closed 10-screen movie theatre and outdoor amphitheater in the Oxford Commons development. Terms were not disclosed. In a release, Malco said it would also acquire adjacent property from Kenlan Development Company in order to double the size of the building, converting it to a family entertainment center including […] [...]

Cowboy Maloney’s buys Persnickety Kitchens’ inventory

MADISON and JACKSON — Cowboy Maloney’s Appliance, Electronics and Bedding Superstores is purchasing the appliance inventory from Persnickety Kitchens on 101 Depot Drive in Madison. Terms were not disclosed. There will be no change in the Persnickety Gifts and Accessory Shop in Madison on 2078 Main Street, according to a release from Jackson-based Cowboy Maloney’s. […] [...]

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