Posts Tagged ‘purchase’

Sanders Oil sells to Alabama company for undisclosed price

by Associated Press Published: September 11,2013

Tags: buy, diesel, fuel, gas station, gasoline, Midstates Petroleum Company, purchase, sale, Sanders Oil Company, sell, Texaco

COLUMBUS — Sanders Oil Company has been sold to Midstates Petroleum Company in Vernon, Ala. The sale includes Sanders Oil’s 14 gasoline stations. Terms of the sale were not made public. Sanders Oil vice president Will Sanders tells The Commercial Dispatch that the sale was finalized Monday. The sale includes Sanders’ six consignment stores and […] [...]

After 150-plus years, newspaper ceasing publication with merger

SARDIS — After more than 150 years in business, The Southern Reporter will cease publication at the end of September. The Sardis-based newspaper will put out a final edition on Sept. 26 and merge with The Panolian. “This was a difficult decision, we appreciate all of our loyal subscribers and advertisers during the last 15 years,” […] [...]

Hospital dipping into settlement money while sale continues

NATCHEZ — Natchez Regional Medical Center officials say they have had to use money from a 2012 legal settlement to address pressing needs as Adams County officials continue efforts to sell the facility. The undisclosed settlement was reached with the medical center’s former management company, Quorum Health. The county-owned hospital had sued Quorum in 2008, […] [...]

Renasant-First M&F merger done; new company holds $5.8B in assets

TUPELO and KOSCIUSKO — Renasant Corporation of Tupelo has completed its merger with First M&F Corporation, a bank holding company headquartered in Kosciusko and the parent of Merchants and Farmers Bank. The combined company has approximately $5.8 billion in total assets with 130 banking, mortgage, financial services and insurance offices throughout Mississippi, Tennessee, Alabama and […] [...]

Ergon buys facility it was renting on Missouri River

JACKSON — A Mississippi asphalt company has bought a Missouri River terminal it had been renting in Kansas, and says it plans to expand it. Ergon Asphalt & Emulsions Inc., of Jackson, bought the Wolcott Terminal Facility in Wolcott, Kansas, from Tanco Kansas City LLC. It had leased the terminal northwest of Kansas City from […] [...]

County closes on purchase of property from Rentech

by Associated Press Published: August 19,2013

Tags: Adams County, biofuel, county, county government, International Paper, land, lease, property, purchase, Rentech

NATCHEZ — Adams County’s taxpayers now own property that went from being a robust industrial site to a big economic letdown. County officials signed the paperwork Thursday to close the real estate deal transferring the title of the 478-acre former International Paper mill property from Rentech to Adams County for $9.25 million. The county entered […] [...]

All American buys Check Express for undisclosed sum

MADISON and BROOKHAVEN — All American Check Cashing has completed the acquisition of Check Express of Brookhaven. Terms were not disclosed. This marks the fourth acquisition for All American this year, including the May 2013 acquisition of Cash Cure of Brookhaven. Michael Gray, president of All American Check Cashing, said, “We are still are still […] [...]

Officials still seeking buyer for ex-Handy Hardware site

MERIDIAN — Efforts to market an empty distribution facility are continuing following the December departure of a major employer in Lauderdale County. Handy Hardware shut down its Meridian center just two years after opening, resulting in the loss of 109 jobs and leaving its 463,000 square foot distribution center empty. The center had opened in […] [...]

County takes out USDA loan to buy lans for wood pellet plant

LUCEDALE — George County supervisors have signed off on $1.3 million in U.S. Department of Agriculture loans to pay for land where a new wood pellet plant will go. The Mississippi Press reports that the USDA rural development loans will be used to purchase the property that will expand the George County Industrial Park. Green […] [...]

Court declines to hear dispute involving sale of business

PRENTISS COUNTY — The Mississippi Supreme Court has let stand an order that the sale of a Prentiss County business will await a local judge’s determination of its fair market value. The state Court of Appeals issued the ruling last year. The Supreme Court this past week declined to hear the case. Martha Crow and […] [...]

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