by Associated Press Published: January 3,2013
Tags: acquisition, city, community development, county, government, health, health care, hospital, lease, medical, medicine, public health, purchase, sale, sell
GREENWOOD — Before the Greenwood City Council pulled the plug on the potential sale of Greenwood Leflore Hospital, one of the primary motivators for looking into the issue was the anticipated threat of competition from Grenada. It was well known that Grenada County was looking for someone to take its taxpayers off the hook for [...] [...]
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 Associated Press Published: December 21,2012
Tags: acquisition, buy, buyer, city, economic development, government, industrial, land, manufacture, manufacturer, manufacturing, municipal, municipality, plant, property, purchase, real estate, sale, sell
NATCHEZ — Economic developers say progress is being made toward goal of having a buyer for the Mississippi River Pulp plant. The Natchez Democrat reports a local economic developer group — Natchez Inc. — has been working with MRP since the company shut down its recycled fiber plant Oct. 31. Natchez Inc. director Chandler Russ [...] [...]
by MBJ Staff Published: December 20,2012
Tags: acauiaitiopn, bill, buy, electric, electricity, energy, fuel, generation, hurricane, mmerger, natural gas, outage, power, purchase, rate, sale, sell, storm, transmission, tropical, utility, Weather
JACKSON — Entergy Mississippi customers will see a rate increase of about 5 percent in early 2013, according to the utility. The typical residential customer using 1,000 kWh will pay $95.63 in January and $99.71 in February. For comparison, in February 2012, the typical customer paid $95.08 per 1,000 kWh of electricity. “Electricity rates are [...] [...]
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 14,2012
Tags: acquisition, home, house, land, liquid, liquidity, property, purchase, real estate, residence, residential, sale, sell, study
OXFORD — Liquidity conditions in the nation’s residential for-sale market are generally improving, according to a report released by mortgage technology company FNC. The report, built from FNC’s For-Sale-Observations Database that captures more than 60 percent of the for-sale market, indicates the median asking price among for-sale properties is up 8.6 percent since January and [...] [...]
by Associated Press Published: December 14,2012
Tags: acquire, bench, bid, buy, court, crime, criminal, fraud, guilty, home, house, judge, judicial, judiciary, justice, mail fraud, plea, plead, purchase, real estate, residence, residentiasl, sale, sell, sentence
LAUREL — Two real estate investors have pleaded guilty to bid rigging and mail fraud in a scheme to artificially lower prices of auctioned homes in Alabama. U.S. Department of Justice officials say Robert M. Brannon, of Laurel, and his son Jason Brannon, of Mobile, Ala., conspired with others to avoid bidding against each other [...] [...]
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: December 4,2012
Tags: acquisition, buy, community college, education, ethical, ethics, higher education, junior college, purchase, sale, sell
MOORHEAD — The Joint Committee on Performance Evaluation and Expenditure Review (PEER) has released the results of a review of practices at Mississippi Delta Community College after receiving complaints of alleged mismanagement. PEER wrote: “On May 2, 2012, PEER received a complaint from two legislators (later joined by eight more) regarding allegations that had been [...] [...]
by MBJ Staff Published: November 29,2012
Tags: acquire, acquisition, buy, check cashing, expansion, loan, merger, purchase, sale, sell, title
MADISON — All American Check Cashing has completed the acquisition of Community Financial Center of America, of Houma, La. Terms were not disclosed. This marks the fourth merger and acquisition for All American this year and increases the total number of retail stores in Mississippi and Louisiana to 40. Michael Gray, president of All American [...] [...]
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