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 [...] [...]
by MBJ Staff Published: January 15,2013
Tags: acquisition, brand, branding, buy, expansion, hotel, lodging, merger, purchase, sale, sell
ACROSS MISSISSIPPI — Choice Hotels International has added 46 hotels to its family of brands. Under an agreement reached with affiliates of Colony Capital, LLC, including Colony Financial Inc., and hospitality management company Aimbridge Hospitality, the properties will be franchised under the Quality Inn, Comfort Inn and Econo Lodge brands. The addition of these hotels, [...] [...]
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 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 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 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. [...] [...]
by MBJ Staff Published: December 5,2012
Tags: acquisition, buy, energy, fuel, fund, gas storage, infrastructure, merger, natural gas, pipeline, power, purchase, sale, salt cavern, sell, storage
SMITH COUNTY — Macquarie Infrastructure Partners II (MIP II), a North American infrastructure fund headquartered in New York, completed the acquisition of Leaf River Energy Center LLC from NGS Energy, LP. Terms of the transaction were not disclosed. Leaf River is an underground salt cavern facility located in Smith County. The Leaf River complex currently [...] [...]
by MBJ Staff Published: November 30,2012
Tags: acuisition, buy, casino, construction, entertainment, gamble, gambler, gambling, gaming, hospitality, hotel, lodging, lounge, merger, nightlife, puchase, renovation, restaurant, sale, sell, spa, tourism, tourist, vacation, visitor
BILOXI —Fertitta Entertainment has completed the acquisition of the Isle Casino in Biloxi. Terms were not disclosed. “We’ve been looking to extend the Golden Nugget’s footprint to Biloxi for years and we’re excited to make major changes to the property and to the South, a personal interest of mine,” said Tilman J. Fertitta, sole owner, chairman [...] [...]
Loading ...