COLUMBUS and WEST POINT — The Columbus Lowndes Development LINK (LINK) board of directors has voted to establish a formal affiliation between the LINK and the West Point Clay County Community Growth Alliance (Growth Alliance).
“We are very excited to team with the West Point and Clay County community,” stated LINK board president Jim McAlexander. “It is a natural fit since [...] [...]
In this week’s MBJ — MERGER MANIA: Wally Northway delves into an issue that is sweeping the nation and is playing an integral role in the way the landscape of law looks in Mississippi.
Also in this week’s paper:
>> HEALTHCARE CONFLICT OF INTEREST?: What does a partnership between a state-supported academic medical center and [...] [...]
It’s a call that has the entire U.S. telecommunications industry on hold.
The Federal Communications Commission last week stopped the clock on a review of T-Mobile USA’s proposed $39-billion mega-merger with AT&T after an antitrust Senate subcommittee criticized the deal as being anti-consumer and urged that it be blocked.
If Washington approves the merger it will re-shuffle [...] [...]
Terminates Merger Agreement with Trustmark
STARKVILLE, Miss.–Cadence Financial Corporation (NASDAQ: CADE), the parent company of Cadence Bank, N.A., a bank holding company whose principal subsidiary is Cadence Bank, N.A., today announced that it has agreed to be acquired by Community Bancorp LLC (“CBC”), a Delaware limited liability company formed to invest [...] [...]
MSU, MUW look to cut costs together
While legislation that would have merged Mississippi University for Women (MUW) into Mississippi State University (MSU) did not pass out of the Mississippi Legislature this year, the two public universities have begun a State Institutions of Higher Learning (IHL)-directed consolidation of programs due to state budget cuts.
The two universities [...] [...]
JACKSON — A proposal to merge Mississippi’s three historically black universities apparently has been getting a behind-the-scenes push from an unexpected proponent: Jackson State University president Ronald Mason Jr.
Mason has been talking to state lawmakers about a proposal that would create one university out of Jackson State, Alcorn State and Mississippi Valley State.
Gov. Haley Barbour [...] [...]
Merger expected to reap large dividends
On Jan. 4, a familiar bank in Central Mississippi got a new name. Madison County Bank is now officially Community Trust Bank of Mississippi, the first readily apparent result of the bank’s merger struck last year with Community Trust Bank, which is based in Ruston, La.
In Sept. 2009, the banks’ [...] [...]
AROUND MISSISSIPPI — Verizon Wireless has completed it South Area Alltel integration. Verizon finali9zed its purchase of Alltel in January and has spent the past six months integrating networks, preparing to convert billing systems, upgrading high-speed wireless broadband service, and re-merchandising stores across Mississippi including Jackson, Picayune, Vicksburg, Hattiesburg, Philadelphia, Laurel, Gulfport and Biloxi.
Former Alltel [...] [...]
JACKSON — While Hope Community Credit Union (HOPE) and American Savings Credit Union (ASCU) officially merged Jan. 1, 2009, today all ASCU branches in Arkansas, Mississippi and Tennessee will convert their signage to the HOPE name and logo.
The two entities said the merger formed a larger, stronger community development financial institution that serves working families [...] [...]
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