Home » Tag Archives: sell (page 2)

Tag Archives: sell

County sells proposed landfill site to local cardiologist

CORINTH — Alcorn County supervisors have accepted a bid of $1,100 per acre for 125 acres once proposed for a rubbish landfill. The board of supervisors voted 3-2 for the sale to Corinth cardiologist Dr. John Prather. The proceeds will go into the county solid waste fund. The county had owned the 129-acre property for almost 20 years. A 10-year ...

Read More »

Hood Packaging wraps up acquisition from Wisconsin company

A Mississippi-based company is the new proud owner of a packaging operation. Bemis Company Inc. of Neenah, Wis., has completed the sale of its Paper Packaging Division. As previously announced, Bemis reached an agreement to sell its Paper Packaging Division to Hood Packaging Corporation, a privately-held company headquartered in Madison and Burlington, Ontario. Terms of the agreement were not disclosed.

Read More »

Newk's owners sell majority interest to investment firm

JACKSON — The owners of Newk’s Eatery restaurants have sold a majority of the company to a New York investment firm. Sentinel Capital Partners paid an undisclosed amount for the share of Newk’s Holding Co. in a sale that closed Monday, said Newk’s vice president of franchise operations Alan Wright. Newk’s founders Chris Newcomb, Don Newcomb and Debra Bryson will ...

Read More »

Full House buying Fitzgerald's Casino for $62M

TUNICA — Las Vegas-based Full House Resorts has agreed to buy Fitzgerald’s Casino in Tunica from Majestic Star Casino, LLC. The purchase price is $62 million, exclusive of working capital and other adjustments, fees and expenses as of the closing date. The agreement is subject to Full House obtaining financing for the acquisition within 90 days of its execution, obtaining ...

Read More »

Colorado company purchases MedStat EMS

WINONA — American Medical Response (AMR) has acquired MedStat EMS Inc. in Winona as well as Life Line Ambulance in Prescott, Ariz. Terms were not disclosed. The acquisitions will generate estimated annual revenues of $36 million and employ more than 250 clinicians and support team members, according to AMR. “Life Line and MedStat are outstanding companies with stellar teams and ...

Read More »

Security Plan completes purchase of Magnolia Guaranty

RIDGELAND — Security Plan Life Insurance Company has completed the purchase of Magnolia Guaranty Life Insurance Company. On March 7, Citizens Inc. subsidiary Security Plan completed its acquisition of Magnolia of Ridgeland for $5.23 million. Security Plan paid cash in exchange for 409,553 shares of Magnolia capital stock outstanding. In response to receiving the Mississippi Department of Insurance order approving ...

Read More »

Cal-Maine closes on acquisition of Delta Egg Farm

JACKSON — Cal-Maine Foods Inc. (NASDAQ: CALM) has closed the previously announced acquisition of 50 percent of the membership interests of Delta Egg Farm, LLC from Sunbest Foods of Iowa Inc., a Moark, LLC affiliate. Delta Egg Farm owns and operates a feed mill and egg production complex with capacity for approximately 1.2 million laying hens, located near Delta, Utah, ...

Read More »

Home Bancorp completes acquisition of B&K

NATCHEZ — Home Bancorp Inc., the Lafayette, La.-based holding company of the 105-year-old Home Bank, has completed its acquisition of Britton & Koontz Capital Corporation, the holding company of Britton & Koontz Bank, N.A. Shareholders of Britton & Koontz will receive $16.14 per share in cash, resulting in an aggregate deal value of $34.5 million. The combined company has total ...

Read More »

Hood buying paper packaging unit from Wisconsin company

MADISON — Bemis Company Inc. of Neenah, Wis., has reached an agreement to sell its Paper Packaging Division to Hood Packaging Corporation, a privately held company headquartered in Madison and Burlington, Ontario. Terms of the agreement were not disclosed. This transaction, which is subject to customary closing conditions and regulatory approval, is expected to close during the first quarter of ...

Read More »

Bankrupt Simply Wheelz ceases operations at 30 locations

RIDGELAND — Franchise Services of North America Inc.’s (FSNA’s) wholly owned subsidiary, Simply Wheelz, LLC, which does business as Advantage Rent a Car, has ceased operations at 30 Advantage locations. Advantage has reached an agreement with Dollar Rent A Car whereby Dollar Rent A Car will provide car rental services to those customers who hold active Advantage reservations at all ...

Read More »