Posts Tagged ‘expansion’

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, [...] [...]

Lawmaker calls governor ‘fool,’ ‘hypocrite’ over Medcaid

JACKSON — A Democratic lawmaker said yesterday that Mississippi’s Republican governor is a “fool” and a “hypocrite” for opposing Medicaid expansion. Gov. Phil Bryant has said repeatedly during the past year that Mississippi, one of the poorest states in the nation, can’t afford to add up to 300,000 people to the more than 640,000 who [...] [...]

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 [...] [...]

Battle of Medicaid expansion continues in Legislature

JACKSON — Mississippi House Democrats said they are trying to bring pressure on Republicans to revive a Medicaid bill that’s blocked in a committee. Republicans, meanwhile, say Democrats are playing politics with a government health insurance program that covers about one in every five Mississippi residents. The Mississippi Medicaid program is up for renewal this [...] [...]

Trustmark completes purchase of Alabama-based bank

by MBJ Staff Published: February 18,2013

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

JACKSON — Trustmark Corporation has completed its merger with Mobile, Ala.-based BancTrust Financial Group Inc., as well as the merger of BankTrust with and into Trustmark National Bank. Gerard R. Host, President and CEO of Trustmark, stated, “We are delighted to expand the Trustmark franchise across Alabama, including the attractive Mobile, Montgomery and Selma markets, [...] [...]

Some lawmakers balk, but Medicaid expansion still has chance

JACKSON — Some state senators aren’t ready to expand Medicaid, but they are keeping the option alive for later in the session. The Senate Public Health and Welfare Committee passed Senate Bill 2207 yesterday. The measure reauthorizes the government health insurance for the poor. Committee members rejected an amendment from Sen. John Horhn, a Jackson [...] [...]

The First to buy Alabama bank for undisclosed sum

by MBJ Staff Published: February 1,2013

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

HATTIESBURG — The First Bancshares Inc. has entered into a definitive agreement to acquire First National Bank of Baldwin County, Ala. Terms were not disclosed. The First president and CEO M. Ray “Hoppy” Cole Jr., said, “From day one our focus has been on growing our bank in the Gulf Coast region, and providing customers [...] [...]

Medicaid debate highlights divide in Legislature

JACKSON — Democrats in the Mississippi Legislature say they’re trying to preserve the option of expanding Medicaid in the state, even though Gov. Phil Bryant and other Republican leaders oppose adding hundreds of thousands more people to the government health insurance for the poor. The Democrats’ votes helped kill a bill yesterday that would keep [...] [...]

Expansion project nears completion at Coast museum

by Associated Press Published: January 28,2013

Tags: art, artist, construction, culture, expansion, Heritage, history, Museum, painter, painting, renovation, tourism, tourist, vacation, visitor

OCEAN SPRINGS — Rosemary Roosa and her staff at the Walter Anderson Museum of Art in Ocean Springs are awaiting the completion of the museum’s $750,000 expansion project. Roosa, the museum’s executive director, says the end of January is the deadline. Groundbreaking on the project was in July. The project is being paid for through [...] [...]

Trustmark gets approval to acquire Alabama bank

by Associated Press Published: January 25,2013

Tags: acquisition, anti-trist, bank, banker, banking, buy, expansion, finance, financial institution, merger, purchase, regulator, regulatory, sale, sell

JACKSON — Trustmark Corporation and Mobile, Ala.-based BancTrust Financial Group Inc. has received full regulatory approval in connection with the proposed merger of BancTrust into Trustmark. Subject to customary closing conditions contained in the merger agreement, the transaction is expected to be effective as of the close of business Feb. 15. “We look forward to [...] [...]

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