Now called Goldleaf Financial Solutions, the financial technology firm that was headquartered in Brentwood until last year has signed a deal to sell to Jack Henry & Associates for about $19 million. The per-share sale price of 98 cents is less than a sixth of where the stock (Ticker: GFSI) was trading in the spring of 2007.
Aug 18, 2009 6:51 AM
Community Education Partners, which has been paid more than $50 million by Atlanta's schools system since 2002, has not had its contract renewed. The good news? The ACLU has removed the company from its lawsuit alleging the violation of students' constitutional rights.
Jul 30, 2009 3:10 PM
Following the SEC's spring meeting, word emerges that conference officials are talking with Nashville and Atlanta about hosting the 2013 and 2014 men's basketball tournaments. The Sommet will also host the event next spring.
May 31, 2009 11:33 PM
Synovus Financial, the parent of The Bank of Nashville, says the wrecked housing market in the Capital of the South is wreaking havoc on its income statement. The company (Ticker: SNV) lost $637 million last quarter, a number that included a goodwill charge of more than $400 million.
Jan 22, 2009 3:59 PM