Posts Tagged ‘puchase’

Hancock selling Whitney Bank branches in Houston

GULFPORT — Hancock Holding Co. says it will sell four Whitney Bank branches in Houston to Community Trust Bank of Ruston, Louisiana. Community Trust Bank will acquire $15 million in loans and $135 million in deposits, pending regulatory approval. The sale is expected to close by the end of March. No purchase price was disclosed. […] [...]

TVA buys majority share of power plant for $400M

SOUTHAVEN — The Tennessee Valley Authority has made a lease-purchase agreement to buy the majority share of a natural-gas fired power plant in Southaven. TVA and Seven States Power Corp., a group owned by TVA distributors, had bought the Southaven Combined Cycle Plant just south of Memphis in 2008. TVA owned 10 percent, while Seven […] [...]

Missouri company buys warehouse; plans industrial center

COLUMBUS — St. Louis-based Stuart B. Millner and Associates has bought the 700,000-square-foot Omnova Solutions warehouse and office space with plans to turn it into a multi-tenant industrial center. Omnova’s distribution center will remain as a tenant on the property, which sits on 92 acres near Columbus on Mississippi Highway 69 South. Multiple companies have […] [...]

Illinois company buys another facility in Columbus

COLUMBUS — Agracel Inc., an industrial development firm headquartered in Effingham, Ill., has purchased of the 137,700-square-foot Mississippi Steel Processing (MSP) operation in Columbus. The facility sits on the campus of Severstal North America. Terms were not disclosed. MSP is a relatively new company offering toll processing, storage and logistics and first-stage fabrication of hot […] [...]

Landry’s completes acquisition of Isle-Biloxi; plans $100M renovation

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 […] [...]

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