Mississippi Business Journal » stock

Bank prices initial public offering at $24 per share

MBJ Staff — Mon, 13 May 2013 11:32:54 +0000

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 [...]

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Bank raises $20M through private stock placement

MBJ Staff — Mon, 25 Mar 2013 12:27:12 +0000

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 [...]

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Renasant acquiring First M&F in all-stock deal

MBJ Staff — Thu, 07 Feb 2013 13:50:53 +0000

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 [...]

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Cattleman to change plea to guilty in loan fraud case

Associated Press — Wed, 16 Jan 2013 13:56:07 +0000

ABERDEEN — Court records say a man will plead guilty to hiding the sales of cattle and using fake invoices to avoid paying back a federal loan. A filing in U.S. District Court in Aberdeen says Clint Mann intends to change his plea. He pleaded not guilty Aug. 19. Court records say Mann obtained a [...]

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After two-year-closure, state lake ready for re-stocking

Associated Press — Tue, 18 Dec 2012 17:59:11 +0000

SALTILLO — It may not look ready, but according to state wildlife officials, Lake Lamar Bruce is ready to be stocked with fish — very small bluegill and redear sunfish as well as catfish fingerlings. “Tupelo Fish Hatchery and Mississippi Department of Wildlife, Fisheries and Parks have partnered to raise the fish to put back [...]

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BancorpSouth, shareholders ask judge to approve settlement

Associated Press — Thu, 12 Jul 2012 11:37:24 +0000

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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Sanderson Farms expands, extends stock repurchase program

MBJ Staff — Fri, 17 Feb 2012 17:46:16 +0000

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. [...]

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Winn-Dixie shareholders to vote on proposed BI-LO deal

MBJ Staff — Mon, 06 Feb 2012 12:09:18 +0000

JACKSONVILLE, Fla. — Winn-Dixie Stores Inc. will hold a special meeting of shareholders at Winn-Dixie’s headquarters in Jacksonville, Fla., March 9. The purpose of the meeting will be to, among other things, consider and vote on a proposal to approve the previously announced agreement and plan of merger, dated as of Dec. 16, 2011, pursuant [...]

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BancorpSouth closes offering; BancorpSouth Insurance launches app

MBJ Staff — Wed, 25 Jan 2012 19:21:17 +0000

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 [...]

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Underwriters of BancorpSouth offering exercise over-allotment option

MBJ Staff — Fri, 20 Jan 2012 19:46:39 +0000

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, [...]

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