Home BancShares Inc. of Conway on Tuesday announced the signing of a definitive agreement worth $280 million to acquire Liberty Bancshares Inc. of Jonesboro, the largest in-state bank transaction in Arkansas history.
Under the terms of the agreement, approximately 400 shareholders of Liberty will receive $250 million of Home BancShares common stock plus $30 million in cash.
Three Arkansas parks that closed last week due to flooding reopened today. The US Army Corps of Engineers tracked rising waters, notified campers, and managed the clean-up for lakes Ouachita, DeGray, and Greeson.
Park Ranger Bill Jackson says high water at the lakes is actually a sign flood damage reduction strategies are working, by preventing water from threatening vulnerable areas downstream.
Poultry owners in Arkansas are taking steps to safeguard flocks from a mild strain of bird flu.
Last week, state health officials reported that a low-pathogenic strain of avian influenza was found on a poultry farm in Scott County.
Though experts with the state’s Livestock and Poultry Commission say the outbreak was isolated to one farm, Dustan Clark, a veterinarian with the University of Arkansas Division of Agriculture, says farmers must take appropriate precautions to prevent the spread of diseases.
Central Arkansas officials say they’re ready to take further action to know the results of pre-oil spill inspection reports for the Pegasus Pipeline running through the Lake Maumelle Watershed.
Pulaski County Judge Buddy Villines says it’s important to have the most recent inspection reports for the pipeline, particularly the one conducted just six weeks before the pipeline ruptured in Mayflower.
He says if Exxon has nothing to hide, he doesn’t see why this would be problematic.