Posts Tagged ‘sale’

Colorado company purchases MedStat EMS

WINONA — American Medical Response (AMR) has acquired MedStat EMS Inc. in Winona as well as Life Line Ambulance in Prescott, Ariz. Terms were not disclosed. The acquisitions will generate estimated annual revenues of $36 million and employ more than 250 clinicians and support team members, according to AMR. “Life Line and MedStat are outstanding […] [...]

Security Plan completes purchase of Magnolia Guaranty

RIDGELAND — Security Plan Life Insurance Company has completed the purchase of Magnolia Guaranty Life Insurance Company. On March 7, Citizens Inc. subsidiary Security Plan completed its acquisition of Magnolia of Ridgeland for $5.23 million. Security Plan paid cash in exchange for 409,553 shares of Magnolia capital stock outstanding. In response to receiving the Mississippi […] [...]

Sale completed, cemetery finally out of receivership

PASCAGOULA — The sale to place Jackson County Memorial Park in Pascagoula back into private ownership has been completed. “This is the end of a long road for Jackson County Memorial Park,” says Secretary of State Delbert Hosemann. “Putting this cemetery back into private ownership provides stability for this cemetery moving forward. The new owner […] [...]

Cal-Maine closes on acquisition of Delta Egg Farm

JACKSON — Cal-Maine Foods Inc. (NASDAQ: CALM) has closed the previously announced acquisition of 50 percent of the membership interests of Delta Egg Farm, LLC from Sunbest Foods of Iowa Inc., a Moark, LLC affiliate. Delta Egg Farm owns and operates a feed mill and egg production complex with capacity for approximately 1.2 million laying […] [...]

Home Bancorp completes acquisition of B&K

NATCHEZ — Home Bancorp Inc., the Lafayette, La.-based holding company of the 105-year-old Home Bank, has completed its acquisition of Britton & Koontz Capital Corporation, the holding company of Britton & Koontz Bank, N.A. Shareholders of Britton & Koontz will receive $16.14 per share in cash, resulting in an aggregate deal value of $34.5 million. […] [...]

Hood buying paper packaging unit from Wisconsin company

MADISON — Bemis Company Inc. of Neenah, Wis., has reached an agreement to sell its Paper Packaging Division to Hood Packaging Corporation, a privately held company headquartered in Madison and Burlington, Ontario. Terms of the agreement were not disclosed. This transaction, which is subject to customary closing conditions and regulatory approval, is expected to close […] [...]

Sale of Junior Champions draws thousands of animals

JACKSON — Young Mississippians took approximately 3,000 animals to Jackson to show at the Dixie National Livestock Show, but only 44 animals were judged worthy of competing in the annual Sale of Junior Champions. Mikayla Shelton is one of hundreds of Mississippi youth who groom their goats, lambs, steers and hogs all year long in […] [...]

Bankrupt Simply Wheelz ceases operations at 30 locations

RIDGELAND — Franchise Services of North America Inc.’s (FSNA’s) wholly owned subsidiary, Simply Wheelz, LLC, which does business as Advantage Rent a Car, has ceased operations at 30 Advantage locations. Advantage has reached an agreement with Dollar Rent A Car whereby Dollar Rent A Car will provide car rental services to those customers who hold […] [...]

Officials ask hospital negotiator to take counter-offer

NATCHEZ — County and hospital officials told their negotiator to take a counter-offer to the bidder for Natchez Regional Medical Center. The charge came yesterday after a closed-door meeting between the hospital’s board of trustees, the Adams County Board of Supervisors and Healthcare Management Partners Chief Executive Officer Scott Phillips. Phillips, who the supervisors hired […] [...]

BancorpSouth buying Texas bank in stock/cash deal

TUPELO — BancorpSouth will acquire Central Community Corp., the parent of Austin-based First State Bank Central Texas, pushing the bank much deeper into the competitive Texas banking market. BancorpSouth said yesterday that it is offering Central Community stockholders shares of its own stock worth $182.3 million, plus $28.5 million in cash. If Central Community shareholders […] [...]

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