by MBJ Staff Published: February 6,2012
Tags: acquisitions, gorcery stores, grocers, investing, investment, investors, meeting, mergers, publicly traded company, shareholders, stock, vote
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 to [...] [...]
by MBJ Staff Published: January 29,2012
Tags: biofuels, capital, energy, fuels, investing, investment, investors, loans, plant, REFINERY
COLUMBUS — KiOR Inc., a next-generation renewable fuels company based in Pasadena, Texas, has closed a $75 million, four-year term loan with a lender group comprised of an affiliate of Vinod Khosla and two Canadian corporations owned by certain pension fund clients of Alberta Investment Management Corporation (AIMCo).
“This follow-on investment in KiOR reaffirms the continued [...] [...]
by Associated Press Published: January 27,2012
Tags: building, charges, construction, disaster, disaster recovery, grand jury, hurricanes, investing, investment, investment scheme, investors, natural disaster, rebuilding, scam, servere weather, tropical weather, Weather
MISSISSIPPI GULF COAST — Federal officials say a man in Hawaii has been charged by a grand jury in connection with an investment scheme related to rebuilding projects in areas of Mississippi affected by Hurricane Katrina.
A Justice Department news release from the Jackson FBI office identifies the man as 54-year-old Dan Doyle, a resident of [...] [...]
by MBJ Staff Published: January 25,2012
Tags: bank, banking, cellphones, finance, financial institution, insurance, investing, investments, investors, mobile app, publicly traded company, shares, smartphones, stock, telecommunications
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 to [...] [...]
HOUSTON, Texas — Texas financier R. Allen Stanford built a vast fortune through his network of banks and other businesses in the U.S., Latin America the Caribbean, and led a lifestyle befitting a billionaire business magnate.
Once considered one of the U.S.’s wealthiest people, with an estimated net worth of more than $2 billion, Stanford snatched [...] [...]
by MBJ Staff Published: January 20,2012
Tags: banking, Banks, finance, financial institutions, investing, investment, investors, publicly traded company, shares, stock, underwriters, underwriting
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, including [...] [...]
by MBJ Staff Published: January 18,2012
Tags: banking and finance, Banks, financial institutions, investing, investments, investors, public offering, publication, publicly traded company, shares, stocks
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 financial institution.
BancorpSouth [...] [...]
by Associated Press Published: January 16,2012
Tags: athletes, athletics, films, investing, investment, investors, movies, professional sports, scam, tax credits
NEW ORLEANS — Unlike this season’s winning on the football field, current and former members of the New Orleans Saints who bought nonexistent tax credits from a defunct movie studio are likely to come out big losers — perhaps getting back only 15 percent of their investment.
The Saints personnel — including coach Sean Payton, quarterback [...] [...]
BIRMINGHAM, Ala. — Regions Financial Corp. has entered into a stock purchase agreement to sell Morgan Keegan & Company Inc. and related affiliates to Raymond James Financial Inc., for $930 million.
As part of the transaction, Morgan Keegan will also pay Regions a dividend of $250 million before closing, pending regulatory approval, resulting in total proceeds [...] [...]
by Associated Press Published: January 11,2012
Tags: athletes, courts, fottball, fraud, investing, investment, investors, law, ponzi, professional athletics, scam, scheme, sports
SAN ANTONIO, Texas — Two people in South Texas face up to 18 years in prison over a Ponzi scheme involving ex-NFL player T.J. Slaughter and other investors.
Alan Keith Nelsen and Mary Alice Monteza pleaded no contest in San Antonio to setting up a fake international investing firm.
Slaughter in 2009 filed a complaint about losing [...] [...]
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