A private equity firm is buying Abilene-based Alco Stores, which mainly serves small towns across the central United States, for $47 million. KMAN news received a news release which indicates Alco and Argonne Capital Group, a private investment firm based in Atlanta, has announced that Argonne will acquire Alco Stores’ outstanding common stock for $14 a share. That is a premium of 63 percent to Wednesday’s stock price. Alco Stores’ board of directors has approved the deal, according to a news release from the company. Shareholders still have to approve the offer. Alco also has the right to solicit other offers…
Author: KMAN Staff
Prince William and Kate Middleton have named their son George Alexander Louis just two days after the eight pound, six ounce baby was born.
Heisman Trophy finalist Collin Klein has become the first male at K-State to be named Big 12 athlete of the year, announced on Thursday by the league office. Klein led the Cats to a Big 12 title, 11 wins, and a Fiesta Bowl berth this past season. He won the Johnny Unitas Golden Arm Award, was tabbed a second team all-American by the Associated Press and Walter Camp, and was the Big 12 offensive player of the year. The Loveland, CO native also registered a perfect 4.0 GPA during the 2012 football season, and earned 2nd team academic all-Big 12…
Senior guard Will Spradling will make it a trio of K-State men’s basketball players who will compete in Europe next month. Spradling will join Global Sports Academy on a trip from August 8th thru the 16th to play five games against club teams in Belgium and the Netherlands. As previously announced, Wildcat junior forward Thomas Gipson and incoming freshman point guard Jevon Thomas will tour with Athletes in Action in Lithuania from August 6th to the 19th. The trip starts with three days of training in Macon, Georgia at Mercer University, followed by the remainder of the two weeks spent overseas in…
KANSAS CITY, Mo. (AP) Eric Hosmer hit two home runs and Alcides Escobar drove in the winning run in the ninth to lift the Kansas City Royals to a 4-3 victory over the Baltimore Orioles on Wednesday night. David Lough singled and scored the game-ending run when Escobar doubled off the fence in left center with one out in the ninth. Hosmer homered in the first and his two-run home run in the eighth tied the score at 3. It was Hosmer’s third multi-homer game and his second this season. Darren O’Day (5-1) took the loss, while Luke Hochevar (3-1),…
ST. JOSEPH, Mo. (AP) Tony Moeaki spent most of the Kansas City Chiefs’ offseason workouts watching from the sideline with a baseball cap on his head. Donnie Avery did the same thing. They’re both happy to have a helmet on instead. Moeaki had arthroscopic surgery on his left knee after last season, keeping the tight end from participating in the first round of practices under new coach Andy Reid. Avery only managed to get in a couple workouts before a high ankle sprain sidelined the wide receiver. Both of them are allowed to practice with the rookies this week…
The Manhattan Manko Senior 17ers led by as many as five runs, but the Leavenworth Diamond Jaxx sent the game to extra innings and picked up a 10-9 victory in 11 innings on Wednesday night. Manko must now rematch with the Diamond Jaxx in their zone tournament final on Thursday night with a spot in the state tournament on the line. Chris Klug pounded out five hits in six at-bats, while Jesse Steinbring knocked in three runs.
A US Airways Express jet got stuck at the gate in Charlotte, North Carolina for about two hours on Wednesday. A beekeeper eventually came and caught the bees, so the plane could fly to Indianapolis.
The House narrowly rejected a challenge to the National Security Agency’s secret collection of hundreds of millions of Americans’ phone records Wednesday. The vote was 217-205 and came after a fierce debate.
Despite calls for him to step aside following new sexting revelations, embattled New York City mayoral candidate and former Congressman Anthony Weiner vowed to push forward with his campaign, with his wide by his side.