Posts Tagged ‘share’

Shareholders approve Renasant-First M&F merger

TUPELO and KOSCIUSKO — The purchase of First M&F Corp. by fellow Mississippi bank Renasant Corp. is going forward. Shareholders of both banks approved the merger today. Shareholders of First M&F, based in Kosciusko, will own about 20 percent of the merged bank. Tupelo-based Renasant will pay $143 million in stock to First M&F shareholders. […] [...]

Bank prices initial public offering at $24 per share

GULFPORT — First NBC Bank Holding Company, the New Orleans-based holding company for First NBC Bank, has priced its initial public offering of 4,166,667 shares of common stock at a price to the public of $24 per share. The common stock has been approved for listing on the NASDAQ Global Select Market, trading under the […] [...]

Bank raises $20M through private stock placement

HATTIESBURG — The First Bancshares Inc., the parent company of The First, A National Banking Association, has completed a private placement of Series D Nonvoting Convertible Preferred Stock, $1 par value. The First raised $20 million in new capital through a private placement of 1,951,220 shares of its Series D nonvoting convertible preferred stock at […] [...]

Callon Petroleum sells interest in oil field

NATCHEZ — Callon Petroleum Co. says it will sell its share of an oil field to Royal Dutch Shell, PLC for $42 million. The Mississippi company will sell its 11.25 percent interest in the Habanero field to Shell Offshore, planning to close the deal before year end. The field, in 2,000 feet of water about […] [...]

BancorpSouth, shareholders ask judge to approve settlement

TUPELO — BancorpSouth Inc. and a group of shareholders have asked a federal judge in Tennessee to approve a settlement of a 2010 lawsuit. The Northeast Mississippi Daily Journal reports the proposal was filed recently in U.S. District Court of Middle Tennessee in Nashville after “arm’s-length negotiations” between mediators for both parties. The lawsuit was […] [...]

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