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: 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 [...] [...]
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 [...] [...]
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 [...] [...]
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 in community banks. CBC [...] [...]
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 [...] [...]
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. [...] [...]
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, [...] [...]
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 [...] [...]
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