Mississippi Business Journal » purchase

Court rules in clinic dispute involving St. Dominic, HMA

Associated Press — Sun, 19 May 2013 19:38:25 +0000

CANTON — The Mississippi Supreme Court has granted a motion from St. Dominic Health Systems to dismiss its appeal of a judge’s order that it did not have a binding contract to buy an outpatient surgery clinic in Canton. The dismissal order was made public by the court late last week. St. Dominic had argued [...]

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City, state to hold second sale of tax-forfeited property

MBJ Staff — Fri, 17 May 2013 12:07:06 +0000

GREENVILLE — Secretary of State Delbert Hosemann and Greenville Mayor John Cox are hoping the second round of tax-forfeited land sales in Greenville will be just as successful as the first. In a joint press conference, Hosemann and Cox announced the public sale of another 94 parcels of tax-forfeited land, valued at $210,000. “I would [...]

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Check-cashing firm buys 10 more stores across Miss.

MBJ Staff — Thu, 16 May 2013 17:53:02 +0000

MADISON — All American Check Cashing announced today the completion of the acquisition of 10 payday loan retail stores today throughout Mississippi. Terms were not disclosed. This marks the second merger and acquisition for All American this year and increases the total number of retail stores in Mississippi and Louisiana to 44. The payday loan [...]

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One of city’s oldest buildings gets new owners

Associated Press — Thu, 02 May 2013 12:37:01 +0000

NATCHEZ — A new owner plans to breathe new life into one of Natchez’s oldest structures. Natchez native, chef and restaurateur Regina Charboneau, her husband Doug and their son Jean Luc recently purchased King’s Tavern. Over the next several months, the family plans to clean up the property and eventually reopen the restaurant as early [...]

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Prospective buyer approaches supervisors about hospital

Associated Press — Fri, 26 Apr 2013 11:39:32 +0000

NATCHEZ — Less than five years after Adams County failed to find a buyer for county-owned Natchez Regional Medical Center, at least one interested buyer recently emerged. The Natchez Democrat reports the potential buyer approached several Adams County supervisors. Supervisor Mike Lazarus says it’s too early to tell what will come from the inquiry, but [...]

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Faulkner heirlooms going up on auction block

Associated Press — Wed, 10 Apr 2013 13:25:46 +0000

OXFORD — It’s a literary treasure trove. William Faulkner’s 1950 Nobel Prize for Literature. The Legion d’Honneur medal presented to him by France in 1951. Faulkner’s Nobel handwritten acceptance speech draft. All in an estate package that includes 26 letters and postcards sent by Faulkner, 25 leather-bound columns of the author’s work and manuscripts of [...]

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Class-action complaint filed over proposed bank merger

MBJ Staff — Wed, 10 Apr 2013 12:28:01 +0000

KOSCIUSKO and TUPELO — Robbins Geller Rudman & Dowd, LLP of San Diego has started a class action, through an amended complaint filed on April 8 in the United States District Court for the Northern District of Mississippi on behalf of all holders of First M&F Corporation (FMFC) common stock as of Feb. 7, 2013, [...]

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Retailer expanding, buying former Viking Cooking School site

MBJ Staff — Tue, 02 Apr 2013 12:31:35 +0000

RIDGELAND — Cowboy Maloney’s Appliance, Electronics and Bedding Superstores is expanding its Ridgeland location by acquiring the recently closed Viking Cooking School space. The store will be known as Cowboy’s Kitchens. The cost of the acquisition was not disclosed. Since its inception of the, the Viking Store by Cowboy Maloney’s in Ridgeland has seen an [...]

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Jackson-based bank buying branch office in Oxford

MBJ Staff — Fri, 29 Mar 2013 14:37:07 +0000

OXFORD — Trustmark National Bank, a subsidiary of Trustmark Corporation, has signed a definitive branch purchase and assumption agreement pursuant to which it will acquire the two branches of SOUTHBank, F.S.B., serving the Oxford market. The agreement contemplates the assumption of selected deposit accounts of approximately $11.8 million as well as the purchase of the [...]

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SoS receives nearly 200 bids for tax-forfetied properties

MBJ Staff — Mon, 25 Mar 2013 12:29:49 +0000

MERIDIAN — The Secretary of State’s Office recently received 183 bids to purchase 103 parcels of tax-forfeited properties in Meridian and Lauderdale County, effectively returning more than $62,000 to local property tax coffers. Secretary of State Delbert Hosemann said, “Tax-forfeited properties are a blight on the community. Returning these properties to private taxpaying ownership also [...]

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