BancorpSouth is banking on the insurance side of its financial services business to further fatten up non-interest revenues. To that end, Tupelo-based BancorpSouth subsidiary BancorpSouth Insurance Services has signed a definitive agreement to acquire The Securance Group, an independent property and casualty and life and health insurance agency headquartered in Brewton, Ala. Neither price nor [...]
Archive | June 25th, 2012
Meridian building $8.2M police station under lease-purchase plan
June 25, 2012
Jackson’s Watkins Development has reached a deal with the City of Meridian to transform a vacated Cowboy Maloney store into an $8.2 million police station. The City is to put $2.1 million into the project and rent the building from Watkins for 20 years at an annual cost of $305,000, adjustable for inflation every five [...]
Gulf shrimp landings are up, but prices down
June 25, 2012
BILOXI — The shrimp are slightly bigger, but prices are down, making this year’s season-opening in Biloxi comparable to last year’s start. As in previous years, Gulf shrimpers are seeing prices forced downward by competition from imported shrimp that sells for less. All the while, they are hit with higher operating cots, especially for diesel [...]
June 25, 2012
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