Posts Tagged ‘shares’

Callon Petroleum to sell shares to fund acquisition in Texas

NATCHEZ — Callon Petroleum Company is selling stock to pay for new oil and gas properties it plans to buy in the Permian Basin of west Texas. The Natchez-based company will sell 12.5 million shares, giving the brokerages underwriting the sale the option to buy up to another 1.875 million shares. At current prices, Callon […] [...]

Renasant acquiring First M&F in all-stock deal

TUPELO and KOSCIUSKO — Renasant Corporation and First M&F Corporation have signed a definitive merger agreement pursuant to which Renasant Corporation would acquire First M&F Corporation (M&F), a bank holding company headquartered in Kosciusko and the parent of Merchants & Farmers Bank. Upon completion of the transaction, the combined company will have approximately $5.8 billion […] [...]

Dallas company looking to purchase Seventh Knight via stock swap

VICKSBURG — Fusion-Q of Dallas, Texas, has made a tender offer to acquire the shares of Seventh Knight Inc. Under the terms, Fusion-Q has tendered an offer to acquire Seventh Knight with Fusion-Q preferred stock in exchange for the 9,674,403 shares of common stock outstanding stock of Seventh Knight. Thereafter, each Fusion-Q preferred share would […] [...]

Sanderson Farms expands, extends stock repurchase program

LAUREL — Sanderson Farms Inc.’s board of directors yesterday expanded and extended to Feb. 16, 2014, its stock repurchase program approved Oct. 22, 2009, to repurchase up to one million shares from time to time at prevailing prices in open market transactions or in negotiated purchases, subject to market conditions, share price and other considerations. […] [...]

BancorpSouth closes offering; BancorpSouth Insurance launches app

TUPELO — BancorpSouth Inc. has closed an underwritten public offering of 10,952,381 shares of its common stock at a price to the public of $10.50 per share. The gross proceeds from the offering, before expenses, were $109.3 million. The proceeds from the offering will be used by the financial institution for general corporate purposes, including […] [...]

Underwriters of BancorpSouth offering exercise over-allotment option

TUPELO — BancorpSouth Inc. reports the underwriters for the recently announced public offering of BancorpSouth Inc. common stock have exercised in full their over-allotment option to purchase an additional 1,428,571 shares at a public offering price of $10.50 per share. The company intends to use the net proceeds of this offering for general corporate purposes, […] [...]

BancorpSouth commences $100M public offering

TUPELO — BancorpSouth Inc. has commenced an underwritten public offering of $100 million of its common stock. The company said it intends to grant the underwriters a 30-day option to purchase up to an additional 15 percent of common shares sold pursuant to this transaction. All of the shares are being offered by the Tupelo-based […] [...]

Sanderson registers with SEC, but does not plan to offer shares

LAUREL — Sanderson Farms Inc. has filed a Form S-3 shelf Registration Statement with the Securities and Exchange Commission (SEC) to register for possible future sale shares of the company’s common and/or preferred stock at an aggregate offering price not to exceed $1 billion. The stock may be offered by the poultry company in amounts, […] [...]

Ameristar Casinos buying back founder’s shares

VICKSBURG — Ameristar Casinos Inc. is buying back approximately 26.2 million shares of its common stock from the estate of founder and former chairman and CEO Craig H. Neilsen for about $457.6 million. Neilsen died in Nov. 2006. The casino operator said that the stock included in the buyback represents about 45 percent of its […] [...]

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