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Tag Archives: acquisitions

Trustmark buying BancTrust, adding 49 offices in Alabama and Florida

JACKSON — Trustmark Corporation and BancTrust Financial Group Inc. of Mobile, Ala., have entered into a definitive agreement pursuant to which BancTrust will merge into Trustmark. BancTrust has 49 offices throughout Alabama and the Florida Panhandle with $1.3 billion in loans and $1.8 billion in deposits as of March 31, 2012. Under the terms of the definitive agreement, which has ...

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The First seeing impact from Whitney acquisition

HATTIESBURG — The First Bancshares Inc., holding company for The First, A National Banking Association, reported earnings for the quarter ended March 31, 2012. The First Bancshares also announced a quarterly dividend of $0.0375 per common share. The record date will be May 10, 2012 with a payable date of May 24, 2012. Net income available to common shareholders for ...

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Hancock Holding: 'Digesting' Whitney acquisition

GULFPORT — Hancock Holding Co., which operates Hancock and Whitney banks along the Gulf Coast, said yesterday that it is making progress in digesting last year’s Whitney acquisition. Hancock merged with Whitney in June, making it hard to compare year-earlier results. The bank posted profit of $18.5 million, or 21 cents per share, in the first quarter. It made $19 ...

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Nevada firm looking to buy Silver Slipper Casino for $70M

HANCOCK COUNTY — Full House Resorts of Las Vegas, Nev., has entered into definitive agreements with Silver Slipper Casino Venture, LLC to acquire all of the outstanding membership interest of the entity operating the Silver Slipper Casino in Hancock County. The purchase price is $70 million, exclusive of estimated cash, net working capital balances, fees and expenses and other adjustments ...

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Victory acquires stores, accounts from Cloutier Oil

NATCHEZ and RIDGELAND — Ridgeland-based Victory Properties has bought 11 convenience stores and nine dealer accounts of Cloutier Oil in Natchez. Lawrie Cloutier, owner of Cloutier Oil, tells the Natchez Democrat the sale was completed March 19. Terms were not disclosed. Cloutier Oil was started Oct. 1, 1958, and originally served commercial businesses that had fuel tanks that needed refilling. ...

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