by MBJ Staff Published: March 29,2013
Tags: acquire, acquisition, bank, banker, banking, branch office, buy, expand, expansion, finance, financial institution, purchase, sale, sell
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 [...] [...]
by MBJ Staff Published: March 25,2013
Tags: acquisition, bid, city government, county government, purchase, sale, sell, state agency, state government, tax, tax-forfeited property
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 [...] [...]
by Associated Press Published: March 25,2013
Tags: acquisition, buy, charitable organization, charity, city government, community development, construction, home, house, land, municipal, municipality, nonprofit, property, purchase, real estate, residence, residential real estate, sale, sell
HORN LAKE — Horn Lake is planning to sell some city-owned property to Habitat for Humanity for seven homes to be built by the nonprofit agency. The Commercial Appeal reports that aldermen voted last week to declare seven lots as surplus. Three appraisals will determine their fair market value — and thus the sale price. [...] [...]
by Associated Press Published: March 21,2013
Tags: auction, bid, crude oil, energy, federal agency, federal government, fuel, gasoline, lease, natural gas, offshore drilling, petroleum, sale
GULF OF MEXICO — A nearly 39 million-acre oil and gas lease sale yesterday for the central Gulf of Mexico drew $1.2 billion in high bids by offshore energy producers. The Bureau of Ocean Energy Management said 52 companies submitted 407 bids on 320 tracts, three to 230 miles off the coasts of Louisiana, Alabama [...] [...]
by Associated Press Published: March 20,2013
Tags: auction, bid, crude oil, energy, federal agency, federal government, fuel, gasoline, lease, natural gas, offshore drilling, Oil, petroleum, sale
GULF OF MEXICO — U.S. Interior Secretary Ken Salazar will be on hand when federal regulators put more than 38 million acres in the central Gulf of Mexico up for bid to offshore energy producers. The sale in New Orleans will begin at 9 a.m. today in the Superdome and include about 7,299 federally-owned drilling [...] [...]
by MBJ Staff Published: March 6,2013
Tags: asset, auction, computer, hardware, higher education, manufacture, manufacturer, manufacturing, public university, sale, sell, semiconductor, silicon carbide, technology
STARKVILLE — Heritage Global Partners (HGP) and The Branford Group will hold a webcast auction sale of late model silicon carbide (SiC) semiconductor manufacturing assets and testing equipment of SemiSouth Laboratories in April. The global webcast auction is scheduled to begin at 10 a.m. on April 4. A full listing of the items up for [...] [...]
by MBJ Staff Published: March 5,2013
Tags: acquisition, attorney, buy, expand, expansion, law, law firm, merger, purchase, sale, sell
JACKSON — The law firms of Adams and Reese LLP and Jacksonville, Fla.-based Volpe, Bajalia, Wickes, Rogerson & Wachs (VBWR) have merged, growing Adams and Reese to 15 offices nationwide and five offices in the state of Florida. The merger was announced jointly by Adams and Reese managing partner, Charles P. Adams Jr. and VBWR shareholder, [...] [...]
by Associated Press Published: March 4,2013
Tags: acquisition, buy, charter boat, crime, investigate, investigation, investigator, land, law, legal, misappropriation, property, purchase, real estate, sale, sell, state agency
BILOXI — About $80,000 in charter boat trips are now part of a criminal investigation of the Mississippi Department of Marine Resources, an official has told The Sun Herald. Invoices and letters provided by the DMR indicate the trips were to sample fish for research about artificial reefs, even though the department owns a $389,000 [...] [...]
by Associated Press Published: March 1,2013
Tags: Alternative energy, Closing, closure, energy, facility, green, land, plant, property, REFINERY, research and development, sale, sell, sustainable
NATCHEZ — Rentech Inc. says it plans to mothball its alternative-energy product demonstration facility in Commerce City, Colo., and end all related research and development activities, which will mean cutting 65 employee and contractor positions by mid-year. CEO D. Hunt Ramsbottom says the company intends to focus instead on opportunities for more immediate profitability. Rentech [...] [...]
by Associated Press Published: February 25,2013
Tags: acquire, acquisition, board, buy, conflict of interest, investigation, land, law, legal, loan, property, purchase, sale, sell, state agncy, sweetheart deal, trust
BILOXI — The head of the Land Trust for the Mississippi Coastal Plain says a board member employed by the state Department of Marine Resources asked the trust if it would buy land from her boss’ son, if the department provided some money. The proposal came from Tina Shumate, who resigned early in February as [...] [...]
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