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Tag Archives: sell

Cooper Tire selling to Indian company for $2.22B

TUPELO — The head of Ohio’s Cooper Tire & Rubber Co. says a $2.2 billion deal that puts the company under new ownership won’t result in the closings of its three U.S. manufacturing plants. Cooper chief executive Roy Armes says India’s Apollo Tyres Ltd. also plans to retain Cooper’s management operation in Ohio. Apollo announced today that it’s buying Cooper, ...

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Hospital trustees to choose firm for study of sale

NATCHEZ — The Natchez Regional Medical Center board of trustees will recommend to county officials next week who they think should determine if the sale of the county-owned hospital is feasible. The Rev. Leroy White — chairman of the hospital trustees — said the hospital has gotten several inquiries from firms about conducting a feasibility study into the sale since ...

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Malco buys theatre complex, plans expansion to entertainment center

OXFORD — Malco Theatres has acquired the closed 10-screen movie theatre and outdoor amphitheater in the Oxford Commons development. Terms were not disclosed. In a release, Malco said it would also acquire adjacent property from Kenlan Development Company in order to double the size of the building, converting it to a family entertainment center including the theatre and amphitheater, a ...

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Cowboy Maloney's buys Persnickety Kitchens' inventory

MADISON and JACKSON — Cowboy Maloney’s Appliance, Electronics and Bedding Superstores is purchasing the appliance inventory from Persnickety Kitchens on 101 Depot Drive in Madison. Terms were not disclosed. There will be no change in the Persnickety Gifts and Accessory Shop in Madison on 2078 Main Street, according to a release from Jackson-based Cowboy Maloney’s. Con Maloney said, “With the ...

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Supervisors taking proposals for hospital-sale study

NATCHEZ — Adams County is seeking proposals from groups to complete a feasibility study to determine if the publicly-owned Natchez Regional Medical Center should be sold, leased or if nothing should change. The board of supervisors reached the decision this week after meeting with the hospital board. “We are not going to be able to stand alone, we are going ...

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Cemetery out of receivership, gets new owner

BOONEVILLE — Oaklawn Memorial Park in Booneville has a new owner. Secretary of State Delbert Hosemann announced the sale to Jeff Rencher of Corinth. “When our agency was first named as receiver of Oaklawn, the books, records and finances of this cemetery were in shambles,” said Hosemann.  “Our staff has worked diligently to piece this property back together for public ...

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Local trucker joins class-action lawsuit against Pilot Flying J

HOLMES COUNTY — Another truck driver is suing Pilot Flying J over allegations that the nation’s largest diesel fuel retailer bilked customers out of rebates. Mike Campbell of Holmes County filed the class-action lawsuit last week in federal court in Jackson. The lawsuit, which is at least the eighth filed against the company, refers to an FBI affidavit. The FBI ...

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Illinois company buys another facility in Columbus

COLUMBUS — Agracel Inc., an industrial development firm headquartered in Effingham, Ill., has purchased of the 137,700-square-foot Mississippi Steel Processing (MSP) operation in Columbus. The facility sits on the campus of Severstal North America. Terms were not disclosed. MSP is a relatively new company offering toll processing, storage and logistics and first-stage fabrication of hot band and HRPO. In a ...

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Supervisors to talk with trustees about selling hospital

NATCHEZ — Natchez Regional Medical Center could soon go on the market, with the Adams County Board of Supervisors saying they want to meet with NRMC’s board of trustees to discuss selling the hospital. At least three parties have expressed interest in the county-owned property. Supervisor Mike Lazarus made the suggestion at the supervisors’ meeting, and the other board members ...

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Court rules in clinic dispute involving St. Dominic, HMA

CANTON — The Mississippi Supreme Court has granted a motion from St. Dominic Health Systems to dismiss its appeal of a judge’s order that it did not have a binding contract to buy an outpatient surgery clinic in Canton. The dismissal order was made public by the court late last week. St. Dominic had argued that a Madison County judge ...

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