Home » Tag Archives: acquisition

Tag Archives: acquisition

C Spire buying Birmingham-based provider

MBJ staff C Spire announced on Tuesday the acquisition of Birmingham-based based Links, a highly regarded and rapidly growing resell, cloud, managed and professional services provider. Terms of the transaction between the two private companies were not disclosed, but Ridgeland-based C Spire said it expects to complete the acquisition and merger within 60 to 90 days. Founded in 2001, TekLinks’ primary operations ...

Read More »

Hancock selling Whitney Bank branches in Houston

GULFPORT — Hancock Holding Co. says it will sell four Whitney Bank branches in Houston to Community Trust Bank of Ruston, Louisiana. Community Trust Bank will acquire $15 million in loans and $135 million in deposits, pending regulatory approval. The sale is expected to close by the end of March. No purchase price was disclosed. Hancock is realigning its Houston ...

Read More »

C Spire completes acquisition of MegaGate Broadband

RIDGELAND — C Spire says it has completed the acquisition of MegaGate Broadband, a regional provider of phone and Internet services to businesses. Terms were not disclosed. Based in Hattiesburg, MegaGate, founded in 1990, serves most Mississippi business markets as a competitive local exchange telecommunications provider and as an Internet service provider. As part of the merger announced in June, ...

Read More »

C Spire completes acquisition of MegaGate Broadband

RIDGELAND — C Spire announced today that it has completed the acquisition of MegaGate Broadband, a regional provider of phone and Internet services to businesses. Based in Hattiesburg, Mississippi, MegaGate, founded in 1990, serves most Mississippi business markets as a competitive local exchange telecommunications provider and as an Internet service provider. As part of the merger announced in June, MegaGate customers ...

Read More »

Canadian company purchasing Southern Lumber for nearly $50M

HERMANVILLE — A Canadian company is buying a sawmill in southwest Mississippi for $48.7 million. Canfor Corp. of Vancouver, British Columbia, said yesterday that it would buy Southern Lumber Co. of Hermanville from the Dearman and Sulser families. Southern Lumber makes pine boards, specializing in wide and long lumber, with a yearly capacity of 90 million board feet. Canfor said ...

Read More »

Fitch Ratings gives Trustmark a 'stable' outlook

JACKSON — Fitch Ratings has affirmed Trustmark Corp.’s (TRMK) ratings at “BBB+”/”F2”. The rating outlook remains “stable”. Fitch wrote: “TRMK’s ‘BBB+’ ratings reflect its good asset quality and the leading market share in TRMK’s home state of Mississippi and growing market share in other parts of the southeastern U.S. Furthermore, Fitch positively views the company’s risk appetite measured by relatively ...

Read More »

Heartland Media, MSouth Equity buying Tupelo TV station

TUPELO — Heartland Media, LLC and MSouth Equity Partners have agreed to acquire the assets of television station WTVA, the NBC and ABC affiliate in Tupelo, from WTVA Inc. Terms were not disclosed. The acquisition will expand Heartland’s holdings to five stations. Other stations are located in Utica, New York, and Eugene, Medford, and Klamath Falls, Oregon. All are ABC ...

Read More »