Posts Tagged ‘buy’

Sanders Oil sells to Alabama company for undisclosed price

COLUMBUS — Sanders Oil Company has been sold to Midstates Petroleum Company in Vernon, Ala. The sale includes Sanders Oil’s 14 gasoline stations. Terms of the sale were not made public. Sanders Oil vice president Will Sanders tells The Commercial Dispatch that the sale was finalized Monday. The sale includes Sanders’ six consignment stores and […] [...]

After 150-plus years, newspaper ceasing publication with merger

SARDIS — After more than 150 years in business, The Southern Reporter will cease publication at the end of September. The Sardis-based newspaper will put out a final edition on Sept. 26 and merge with The Panolian. “This was a difficult decision, we appreciate all of our loyal subscribers and advertisers during the last 15 years,” […] [...]

Renasant-First M&F merger done; new company holds $5.8B in assets

TUPELO and KOSCIUSKO — Renasant Corporation of Tupelo has completed its merger with First M&F Corporation, a bank holding company headquartered in Kosciusko and the parent of Merchants and Farmers Bank. The combined company has approximately $5.8 billion in total assets with 130 banking, mortgage, financial services and insurance offices throughout Mississippi, Tennessee, Alabama and […] [...]

Officials still seeking buyer for ex-Handy Hardware site

MERIDIAN — Efforts to market an empty distribution facility are continuing following the December departure of a major employer in Lauderdale County. Handy Hardware shut down its Meridian center just two years after opening, resulting in the loss of 109 jobs and leaving its 463,000 square foot distribution center empty. The center had opened in […] [...]

County takes out USDA loan to buy lans for wood pellet plant

LUCEDALE — George County supervisors have signed off on $1.3 million in U.S. Department of Agriculture loans to pay for land where a new wood pellet plant will go. The Mississippi Press reports that the USDA rural development loans will be used to purchase the property that will expand the George County Industrial Park. Green […] [...]

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 […] [...]

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