Archive | June 25th, 2012

BancorpSouth’s insurance subsidiary to acquire Alabama’s Securance

June 25, 2012

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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 […]

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Meridian building $8.2M police station under lease-purchase plan

June 25, 2012

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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 […]

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Gulf shrimp landings are up, but prices down

June 25, 2012

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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 […]

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