by Associated Press Published: May 16,2012
Tags: acquisition, aldermen, board of aldermen, cousins, ethics, land, mayor, municipal government, property, purchase, real estate
SOUTHAVEN — Southaven officials have approved the contract to buy 10 acres of property for $1.9 million after learning that the purchase did not violate any state ethics laws because Mayor Greg Davis’ cousin is one of the owners of the land. In a 5 to 2 vote, The Commercial Appeal reports the board agreed [...] [...]
by MBJ Staff Published: May 4,2012
Tags: acquisition, brand, branding, masthead, media, name, NEWS, newspaper, publication, purchase, subscribers, subscriptions
LAUREL — The ReView of Jones County, owned by Gin Creek Publishing, has reached an agreement to purchase the Laurel Leader-Call name, masthead and subscription list. The terms of the transaction are confidential. The Leader-Call is now publishing on Tuesday, Thursday and Saturday. “I’m delighted on behalf of the residents of this great county to [...] [...]
by MBJ Staff Published: May 2,2012
Tags: acquisition, casinos, Conventions, credit, financing, gambling, gaming, hospitality, lodging, meetings, mergers, purchase, restaurants, tourism, tourists, visitors
BAY ST. LOUIS — Las Vegas, Nev.-based Full House Resorts reports it has obtained financing commitments for new credit facilities totaling $75 million to fund the company’s acquisition of the Silver Slipper Casino. The financing will consist of a $55 million first lien credit facility and a $20 million second lien facility. Capital One N.A. [...] [...]
HATTIESBURG — Industrial and specialty gas distributor Airgas Inc. has bought a Mississippi-based gas company, expanding its distribution network in three southern states. Airgas did not disclose the price it paid for Industrial Welding Supplies of Hattiesburg, LLC, which does business as Nordan Smith. The privately held Hattiesburg-based company distributes gasses for industrial and medical [...] [...]
by Associated Press Published: April 2,2012
Tags: acquisition, bankrupt, bankruptcy, bed and breakfast, cultural tourism, historic, hospitality, lodging, plantation, purchase, real estate, tourism, tourists, visitors
NATCHEZ — A New Orleans hotel management company is purchasing Monmouth, a historic plantation property. The Natchez Democrat reports New Orleans Hotel Consultants, a hotel management company, is taking over operations at Monmouth after United Mississippi Bank initiated foreclosure proceedings on the property Feb. 29. Warren Reuther, president of New Orleans Hotel Consultants, declined to [...] [...]
by Associated Press Published: March 29,2012
Tags: acquisition, casinos, Commercial Real Estate, condominium, developer, economic development, foreclosure, gambling, gaming, hospitality, hotel, marina, merger, municipal government, purchase, resort, tourism, tourists, visitors
VICKSBURG — Grand Station Casino has closed in Vicksburg, affecting 230 employees. The Vicksburg Post reports casino officials began escorting employees from the casino about 11 a.m. yesterday and security guards turned prospective gamblers away. Vicksburg Mayor Paul Winfield says the city would work with companies interested in acquiring the casino. The action came after [...] [...]
by Associated Press Published: March 19,2012
Tags: acquisition, casinos, developer, gambling, gaming, hospitality, hotles, lodging, purchase, tourism, tourists, visitors
VICKSBURG — A New Orleans developer says he has offered to buy the Grand Station Hotel. The Vicksburg Post reports Kenneth W. Bickford, president of Chappapeela Development Corp., said the Grand Station Hotel will be bought from M Street Inc., which owns the 117-room facility and holds the adjacent Grand Station Casino’s docking permits. The [...] [...]
FORREST COUNTY — A Boardwalk Pipeline Partners, LP subsidiary has purchased the remaining 80 percent equity interest in Boardwalk HP Storage Company, LLC, from Boardwalk Pipelines Holding Corp., a wholly-owned subsidiary of Loews Corporation and the parent of our general partner, for approximately $285 million, which is the same price paid by BPHC when it [...] [...]
JACKSON — A private developer is paying Mississippi $3.3 million to buy state land that used to be home to the School for the Blind. The 21-acre site faces an Interstate 55 frontage road in northeast Jackson, next to the current schools for the blind and deaf. Gov. Phil Bryant’s office says the land was [...] [...]
by MBJ Staff Published: October 19,2011
Tags: 4G, acquisition, Alltel, Apple iPhone 4S, AT&T, C Spire, Cellular South, FierceWireless, Hu Meena, iPhone 5, IPO, Jimmy Creekmore, LTE, mergers and acquisition, smartphone, Steve Jobs, T-Mobile, Verizon Communications
PRE-REGISTRATION BEGINS TODAY; DEVICE WILL LAUNCH IN COMING WEEKS RIDGELAND — As the Mississippi Business Journal reported several weeks ago, C Spire, the regional wireless carrier previously known as Cellular South, will have the newest iPhone from Apple to offer its customers. C Spire announced today that it will launch iPhone 4S in the U.S. [...] [...]
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