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Tag Archives: sale

Officials ask hospital negotiator to take counter-offer

NATCHEZ — County and hospital officials told their negotiator to take a counter-offer to the bidder for Natchez Regional Medical Center. The charge came yesterday after a closed-door meeting between the hospital’s board of trustees, the Adams County Board of Supervisors and Healthcare Management Partners Chief Executive Officer Scott Phillips. Phillips, who the supervisors hired to help sell the hospital, ...

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BancorpSouth buying Texas bank in stock/cash deal

TUPELO — BancorpSouth will acquire Central Community Corp., the parent of Austin-based First State Bank Central Texas, pushing the bank much deeper into the competitive Texas banking market. BancorpSouth said yesterday that it is offering Central Community stockholders shares of its own stock worth $182.3 million, plus $28.5 million in cash. If Central Community shareholders and regulators approve, the deal ...

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Court rules against businessman in tour bus case

TUPELO — The state Court of Appeals has upheld a ruling that Tupelo businessman Bill Kinard was competent when he agreed in 2011 to sell a tour bus at auction. For the past three years, Kinard and Larry Michael of Nashville have disputed debts associated with retrieval of the bus from Washington State in early 2009 and some $134,000 in ...

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Offer made for Natchez Regional Medical Center

NATCHEZ — Officials say an offer has been made for the purchase of the county-owned Natchez Regional Medical Center. Hospital Board chairman the Rev. Leroy White tells The Natchez Democrat the board will be meeting this week to discuss it with Healthcare Management Partners CEO Scott Phillips. HMP was hired last July to help facilitate the sale of the hospital. ...

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Hard Rock Casino sells to Rhode Island company for $250M

BILOXI — A company from Rhode Island is buying the Hard Rock Hotel & Casino Biloxi for about $250 million. Twin River Worldwide Holdings of Lincoln, R.I., made the announcement yesterday. The sale is expected to be complete in June. The casino is currently owned by Premier Entertainment Biloxi LLC, a subsidiary of Leucadia National Corporation. The casino property boasts ...

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Board continues to negotiate with propsective hospital buyers

NATCHEZ — The attorney for Natchez Regional Medical Center’s Board of Trustees said he has been “encouraged” by the response the hospital has received from potential buyers in recent weeks. Though representatives of the county-owned hospital had at one time said they hoped to have a deal closed by the end of fall, trustees attorney Walter Brown said negotiations with ...

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Chromcraft Revington sells to Colorado company

SENATOBIA — Sport-Haley Holdings has completed its $3.45 million purchase of furniture maker Chromcraft Revington. The company, which is based in West Lafayette, Ind., has a factory in Senatobia. Apparel maker Sport-Haley of Denver paid $2.7 million, and has promised to pay another $750,000 when Chromcraft’s plant in Delphi, Ind., is sold or mortgaged, or 180 days after the merger ...

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All American buys more stores, enters Alabama market

MADISON — All American Check Cashing has expanded its payday and title loan services into Alabama with the acquisition and purchase of five retail stores. Terms were not disclosed. The retail stores located in Bessemer, Clanton, Millbrook, Prattville and Selma, Ala., will bring the total of All American’s stores to 50. All retail stores acquired in the acquisition will offer ...

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Supervisors to hear latest from CEO on sale of hospital

NATCHEZ — The Adams County Board of Supervisors will meet this week with the chief executive officer of the company hired to sell Natchez Regional Medical Center. The board has scheduled on the agenda for its meeting today an appearance by Scott Phillips of Healthcare Management Partners. HMP was hired in June to market NRMC after the supervisors decided on ...

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Callon Petroleum selling Gulf asset for $100M

NATCHEZ — W&T Offshore Inc. plans to buy Callon Petroleum Co.’s shares of Gulf of Mexico oil and gas fields for $100 million. Callon announced the sale Thursday. It’s supposed to close by Nov. 30. Houston-based W&T will buy a 15 percent share of the Medusa field, which produces about 1,000 barrels of oil per day, and Callon’s 7.5 percent ...

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