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Motel 6 sold September 2024

Business News

Motel 6 chain sold for $525 million

CARROLLTON, Tex. (UPI) -- Motel 6, known for its bare-bones motel rooms, low prices, and blue sign emblazoned with a red "6," has been sold for $525 million to India-based hotel operator Oyo, Blackstone Real Estate has announced. Oyo, a global travel company, owns 320 hotels in 20 states, and is now adding G6 Hospitality, Motel 6's parent company, to its portfolio. It has been expanding its footprint in the United States in recent years, and is expected to add an […]

todaySeptember 22, 2024 182

livestock

Business & Lifestyle

Watch for signs of heat stress in livestock

With plenty of summer left to go, livestock producers are reminded to monitor animals and implement management practices to reduce the risk of heat stress. “We’ve had a couple spells of some high heat and high humidity and it doesn’t take very many of those days to cause some stress on the livestock,” Dan Shike, interim head of the Department of Animal Sciences at the University of Illinois told FarmWeek. Heat stress is more common during periods of high nighttime […]

todayAugust 4, 2024 154

First Bank PBT

Business & Lifestyle

First Bank to merge with PBT

PANA/ARCOLA --  John Gardner, President and CEO of Peoples Bank and Trust (PBT or Peoples), headquartered in Pana and Dale Boyer, President and CEO of First Bank, headquartered in Arcola, are pleased to announce an agreement to merge First Bank with Peoples Bank and Trust. The bank resulting from the merger will be Peoples Bank and Trust. The agreement is subject to regulatory approval and is expected to close in late spring or early summer.  "I’m excited to bring Peoples […]

todayJanuary 9, 2024 196

Core & Main

Business News

Core & Main to acquire Lee Supply

ST. LOUIS (BusinessWire) -- Core & Main Inc. (NYSE: CNM), a leader in advancing reliable infrastructure with local service, nationwide, has entered into a definitive agreement to acquire substantially all of the assets of Lee Supply Company Inc. (Lee Supply), a leading specialty distributor and fabricator of high-density polyethylene (HDPE) pipe and other related services, including HDPE fusion equipment rentals and custom fabrication capabilities. Since 1954, Lee Supply has been a preferred supplier and specialty fabricator of engineered HDPE pipe, fittings, […]

todayNovember 14, 2023 78

LLCU Nokomis Savings Bank

Business News

LLCU completes purchase of Nokomis Savings Bank

DECATUR/NOKOMIS -- Land of Lincoln Credit Union (LLCU) announced in a press release Monday that it has completed its purchase and assumption of Nokomis Savings Bank. LLCU now assumes the assets and liabilities of Nokomis Savings Bank, effective as of this past Friday at midnight. With the completion of the purchase, LLCU expands its footprint to 15 branches in a 28-county service area across Central Illinois. “We have already received a very warm welcome by the Nokomis community,” stated Robert […]

todayNovember 13, 2023 141

abroad job opportunities

Business News

Countries with the most job opportunities

Moving to a different country can be the best thing you can do for your job and career goals. While the U.S. government doesn’t track how Americans work outside, recent estimates put the number at around 9 million. If you’re considering moving outside your country to work, it’s important to find a location that offers the highest opportunities with an increasing demand for labor. Think of countries with openings in various sectors and a high demand for foreign labor. The […]

todayNovember 12, 2023 168

Paxton Media Southern Illinoisan

Southern Illinois Region

Paxton Media acquires The Southern Illinoisan newspaper

LOUISVILLE, Ky./CARBONDALE -- Paxton Media Group (PMG), a family-owned media company currently managed by fifth generation family members, has agreed to purchase The Southern Illinoisan newspaper on Monday. Lee Enterprises had owned The Southern Illinoisan since 1979. Dirks, Van Essen & April, a media merger and acquisition firm based in Santa Fe, New Mexico, is representing Lee Enterprises in the transaction. Terms were not disclosed. PMG Group Publisher Bill Evans will add The Southern to his stable of media properties […]

todayOctober 30, 2023 98

Advantage Solutions

Business News

Advantage Solutions to move HQ to St. Louis

ST. LOUIS -- A Fortune Top 1000 company will soon call Missouri home. Advantage Solutions, a marketing company based in Irvine, California plans to relocate to St. Louis County in the first quarter of 2024. According to St. Louis Business Journal, Company CEO Dave Peacock expects there to be up to 40 people working at the new location in Clayton. Peacock told KMOX Radio in St. Louis that the area has a lot of good things going on. “For us […]

todayOctober 12, 2023 93

Goldman Sachs

Business News

Goldman Sachs to pay $6 million fine

WASHINGTON (UPI) -- The Securities and Exchange Commission announced Friday that it has fined financial giant Goldman Sachs $6 million for failing to submit accurate information in its blue sheets. Blue sheets are documents detailing the specifics of transactions that are sent to the SEC. "The Securities and Exchange Commission today announced settled charges against Goldman Sachs & Co. LLC for failing to provide complete and accurate securities trading information, known as blue sheet data, to the SEC. Goldman agreed to pay a […]

todaySeptember 27, 2023 86

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