-Lincoln Parish Public Schools: Closed Monday
-Cedar Creek School: Closed Monday
-All Louisiana Tech University campuses, including Tech-Barksdale and the Shreveport Center: Closed Monday
-Grambling State University: Closed Monday
-Louisiana Delta Community College (All Campuses): Closed Monday
-Grambling Laboratory School K-12: Closed Monday
-Union Parish Public Schools: Closed Monday
-Union Christian Academy: Closed Monday
-D’Arbonne Woods Charter School: Closed Monday
-Downsville Charter School: Closed Monday
-Mom’s Helper Daycare in Farmerville: Closed Monday
-Ouachita Christian School: Closed Monday
-Jackson Parish Schools: Closed Monday
-Jackson Parish Public Libraries: Closed Monday
-Jackson Parish Courthouse: Closed Monday
-Jackson Parish Police Jury: Closed Monday
-University of Louisiana Monroe (All Campuses): Closed Monday
-Montessori School of Ruston: Closed Monday
-Our Lady of Fatima School: Closed Monday
-Jesus The Good Shepherd: Closed Monday
-St. Frederick’s High School: Closed Monday
-Ouachita Parish Schools: Closed Monday
-Richland Parish Schools: Closed Monday
-Claiborne Parish Schools: Closed Monday
-Monroe City Schools: Closed Monday
-Delhi Charter School: Closed Monday
-Claiborne Christian School and K-4: Closed Monday
-Franklin Academy: Closed Monday
-West Carroll Parish Schools: Closed Monday
-Grace Episcopal School: Closed Monday
-Learning Tech Quest School (Full School & After School Programs): Closed Monday
-Franklin Parish Schools: Closed Monday
-All OMCAP Head Start: Closed Monday
-Bayou Gymnastic Pre-School: Closed Monday
-Unitech Training Academy: Closed Monday
-Riverfield Academy (Rayville): Closed Monday
-Vision Academy High School (Monroe): Closed Monday
-Delta Head Start & Early Head Start in Madison/East Carroll & Richland Parishes: Closed Monday
-YMCA After School Programs: Closed Monday
-Ouachita Council of Aging: Closed Monday
-Prevailing Faith Christian Academy: Closed Monday
-Beekman Charter School Teacher In-Services: Closed Monday
-Happy Days Development and Learning Center (West Monroe): Closed Monday
-Briarfield Academy: Closed Monday
-St Francis Pediatric Neurology (Dr. Pina’s Office): Closed Monday
-New Vision Learning Academy (Monroe): Closed Monday
-Missy Crain Dance Studios: Closed Monday
-College Prep Daycare and Preschool (West Monroe): Closed Monday
-Mini Scholars Daycare (West Monroe): Closed Monday
-Anna’s Lollipop Lane Daycare (Bastrop): Closed Monday
-Playhowse Learning Center (Sterlington and Playhowse -Farmerville): Closed Monday
-Debbie’s School of Dance: Closed Monday
-New Vision Child Development Center: Closed Monday
-First Assembly Learning Center Daycare (West Monroe): Closed Monday
-Happy Tails Daycare (Monroe): Closed Monday
-Monroe City Court: Closed Monday
-Delta Charter School (Ferriday): Closed Monday
-Arthritis & Diabetes Clinic (Monroe): Closed Monday
-Liberty Stylist Beauty School (Monroe): Closed Monday
-Toonie Bugs Daycare (Calhoun): Closed Monday
-Fourth District Court: Closed Monday
-Ouachita Council On Aging/Meals On Wheels Deliveries: Closed Monday
-Jackson Parish Library: Closed Monday
-Covenant Day School (Monroe): Closed Monday
-Physical Therapy, Inc: Closed Monday
-Prairie View Academy (Bastrop): Closed Monday
-Wonderland Child Care & Development Center: Closed Monday
-NE Delta Human Services Authority Offices & Clinics: Closed Monday
-Excellent Daycare (Monroe): Closed Monday
-Arco of Community Resource: Closed Monday
-Wee Learner’s Daycare: Closed Monday
-Child’s Play II Daycare: Closed Monday
-Fairpark Baptist Church Daycare: Closed Monday
-Ouachita Parish Library (All Branches): Closed Monday
-Excellence Academy Charter School: Closed Monday
-First United Methodist Daycare, Monroe: Closed Monday
-Ouachita Parish Public Libraries (all branches): Closed Monday
-Oak Grove Town Hall Meet On Tues., Feb 24th postponed to March 3rd
Archive for the ‘Jonesboro’ Category
-Lincoln Parish Public Schools: Closed Monday
Two Industry Leaders to Create a Powerful Global Provider of Consumer and Corrugated Packaging Solutions
Combined Company Positioned to Generate Substantial Cash Flow to Deliver Superior Growth and Strong Shareholder Returns
Total Annual Synergies of $300 Million to be Achieved over Three Years
Expect to Maximize the Value of MWV’s Pension Surplus Through Plan Consolidation
Previously Announced Tax-Free Spin-off of MWV Specialty Chemicals to be Completed Post-Closing
January 26, 2015 06:00 AM Eastern Standard Time
RICHMOND, Va. & NORCROSS, Ga.–(BUSINESS WIRE)–Rock-Tenn Company (“RockTenn”) (NYSE:RKT) and MeadWestvaco Corporation (“MWV”) (NYSE:MWV) today announced that they have entered into a definitive combination agreement to create a leading global provider of consumer and corrugated packaging (“NewCo”) in a transaction with a combined equity value of $16 billion. The combined company, to be named prior to closing, will have combined net sales of $15.7 billion and adjusted EBITDA of $2.9 billion, including the impact of $300 million in estimated annual synergies to be achieved over three years.
“Management’s discussion and analysis of financial condition and results of operations – Forward-looking Statements”
Under the terms of the agreement, which has been unanimously approved by the boards of directors of both companies, MWV stockholders will receive 0.78 shares of NewCo for each share of MWV held. RockTenn shareholders will be entitled to elect to receive either (a) 1.00 shares of NewCo or (b) cash in an amount equal to the volume weighted average price of RockTenn common stock during a five-day period ending three trading days prior to closing for each share of RockTenn held. The cash and stock elections by RockTenn shareholders will be subject to proration such that the resulting ownership of NewCo will be approximately 50.1% by MWV shareholders and 49.9% by RockTenn shareholders, and based on the shares outstanding today, approximately 7% of RockTenn shares will receive cash in lieu of stock. This targeted ownership ratio of NewCo will facilitate the continued favorable tax attributes of the previously announced spin-off of MWV’s specialty chemicals business, which the parties intend to complete after the closing of the business combination.
Steven C. Voorhees, chief executive officer of RockTenn, said, “This transaction brings together two highly complementary organizations to create a new, more powerful company with leadership positions in the global consumer and corrugated packaging markets. This is a terrific opportunity for shareholders, employees and customers of both companies, all of whom stand to benefit enormously from the combination. Importantly, our two companies are also an exceptional cultural fit, sharing a commitment to exceeding customer expectations and a focus on developing innovative packaging solutions. Planning for the integration of these two companies has already started and we expect to expeditiously realize the full value of cost synergies we have identified.”
John A. Luke, Jr., chairman and chief executive officer of MWV, said, “We are creating the leading global provider of consumer and corrugated packaging solutions – and generating significant value for both companies’ shareholders. This transaction is a logical step that is borne of our strategic progress and financial success, and it offers MWV shareholders both immediate value and the opportunity to participate in significant upside as the new company generates substantial growth from its market-focused global strategy.”
Mr. Voorhees will serve as chief executive officer and president of the combined company, and Mr. Luke will become non-executive chairman of the board of directors. The board will be comprised of eight directors from RockTenn and six directors from MWV. Other key executives and their positions will be determined according to their strengths and will be named prior to closing. The combined company will maintain its principal executive offices in Richmond, Va., and will have operating offices in Norcross, Ga.
The transaction requires the approval of shareholders of both MWV and RockTenn and is subject to receipt of certain regulatory approvals and other customary closing conditions. Both parties target closing the transaction in the second calendar quarter of this year.
RockTenn operates a 2500 ton/day mill in Hodge, LA.
A Louisiana State Police (LSP) investigation of payroll issues at the Jackson Parish Hospital in Jonesboro is ongoing and not yet complete, it was said today at a meeting of the hospital’s Board of Directors.
The board had hired a private investigator to look into alleged financial issues that they had first uncovered. When the dollar amounts appeared to be significant, it was decided that law enforcement should get involved. No timetable was given as to when the investigation would be completed.
The board went into executive session for about thirty minutes to discuss “strategic planning and personnel issues.” No votes were taken in the session, we were told.
Chief Financial Officer David Sanders noted that the hospital was “carrying on business” as usual. Administrator Lloyd Monger said that patient admissions for flu and pneumonia had increased as was normal for this time of year.
Notable at the meeting was Jackson Parish Police Juror Chuck Garrett (Ward 6). The jury appoints the members of the hospital board.
The next meeting of the board is set for Thursday, December 18, 2014, 5 PM, Jackson Parish Hospital Board Room, 165 Beech Springs Road.
Mayor — Town of Jonesboro
All 17 precincts reporting
James Bradford (D) 56.15% 804
Alvin “Kim” Jones (D) 43.85% 628
Alderman — District B, Town of Jonesboro
All 3 precincts reporting
Robbie Siadek (R) 60.70% 173
Stacy Byrd Strickland (R) 39.30% 112
Alderman — District D, Town of Jonesboro
All 3 precincts reporting
Devin Flowers (D) 61.56% 269
“John” Williams (D) 38.44% 168
Administrator Lloyd Munger and Chief Financial Officer David Sanders said the matter did not concern patient care, hospital operations, insurance payments, billing issues, or federal reimbursements.
Sanders added that the financial condition of the hospital is the best it has been in years.
Both said no accusations of wrongdoing have been made, nor have any arrests been effected. Lincoln Parish News Online can confirm that no arrests had appeared on the booking log of the Jackson Parish Sheriff’s Office as of late this morning.
Munger and Sanders said they expected a report by the end of the year, and depending upon the findings, would take appropriate steps.
For Judge and District Attorney, respectively.
Nia Evans, 50.6%.
Robbie Siadek, 49.5%, Stacy Strickland, 30.4%.
James Harris 53%, Maxie Monroe 47%.
District C – Pete Stringer, 55%, Charla Mason-Melton 45%