In a surprise move, Bentonville-based Arvest Bank and Pine Bluff-based Simmons First National Corp. submitted bids to acquire Little Rock-based Metropolitan National Bank, whose parent company, Rogers Bancshares, Inc., is embroiled in a bankruptcy proceeding.
Talk Business Arkansas reports Arvest’s bid was announced in a legal notice in the Arkansas Democrat-Gazette for an undisclosed figure, while Simmons First disclosed a $16.9 million bid in a SEC filing.
The Arkansas Razorbacks will play the Samford Bulldogs this Saturday at 6 p.m. at War Memorial Stadium. Thousands of Razorback fans will gather on the War Memorial Stadium to cheer them on and celebrate before the game. Marketing Director Danny-Joe Crawford says over 50 thousand people usually show up to tailgate. He says some people come a few days before game day and camp out in the park.
“We have RV’s that’s been there since Monday. They’re called ‘The Roadhogs’ and they travel to all the Arkansas games,” Crawford said.
The Historic Blass Department Store on Fourth and Main in Little Rock has been redeveloped and was formally dedicated Thursday. Governor Mike Beebe and Little Rock Mayor Mark Stodola were speakers at the opening ceremony. The 22 million dollar Mann on Main project is part of the ongoing effort to revive the once-thriving area.
Tony Alamo, the founder of Tony Alamo Christian Ministries and a convicted child sex offender, is currently serving 175 years in prison. But Alamo still owes millions in restitution to his victims – something a hearing Friday hopes to address.
Arkansas ranks second in the percentage of people living with food insecurity according to a report released this week by the Department of Agriculture. It says nearly 20% of Arkansans don’t know where their next meal will come from and the state also ranks first in the category, “very low food security.”
Tyler Lindsey with the Arkansas Food Bank says they’re watching as Congress considers reducing funds for SNAP, commonly referred to as food stamps.
A new book now on sale looks at the history of music in Arkansas.
Encyclopedia of Arkansas Music was put together by the same folks responsible for the online Encyclopedia of Arkansas History and Culture.
It features profiles of well known Arkansas natives like Johnny Cash, Al Green, Levon Helm and Glen Campbell, as well as lessor known, but significant musicians like southern gothic artist Tav Falco and the sombrero-wearing couple Elton and Betty White, who were known for their graphic sexual lyrics.
Attorneys for an Arkansas school district say disparities in teacher salaries and transportation show that the state hasn't lived up to the promises of the reforms enacted to end a long-running school funding case.
Attorneys for the Deer/Mount Judea School District on Thursday asked the state Supreme Court to revive its lawsuit challenging the way the state funds education.