TODAY'S HEADLINES / MARCH 31, 2011
CapitalBank merges with N.C. company
Greenwood-based Community Capital Corp., the holding company for CapitalBank, announced today that has signed a merger agreement with Park Sterling Corp. of Charlotte. CapitalBank has been operating under heightened federal oversight since August.
N.C. grants lure away S.C.-based hotel chain manager
Spartanburg-based HVM LLC, which manages Extended Stay Hotels across the country, will receive up to $4.7 million in state grants to relocate its headquarters from Spartanburg to Charlotte, according to the office of North Carolina Gov. Bev Perdue.