| | JUST IN: CTC, Windstream Merging
Tuesday, May 29, 2007 (942 reads)
 CONCORD – CT Communications, Inc. today announced a definitive agreement to merge with Windstream Corporation. In a vote by its board of directors, CT Communications has accepted an offer from Windstream to acquire all of the outstanding shares of CT Communications for $31.50 per share in cash. The offer represents a 46% premium to the closing price of CT Communications’ stock on  May 25, 2007, and a 31% premium to the previous 30-day average trading price. Including the assumption of cash and debt, the transaction is valued at approximately $585 million. The merger is subject to approvals from federal and state regulators, as well as CT Communications, Inc. shareholders.
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| Motor Racing Network Relocating to Concord
Wednesday, May 23, 2007 (910 reads)
 RALEIGH -Gov. Mike Easley today announced that Motor Racing Network will relocate to Cabarrus County, creating 50 jobs and investing $2.15 million during the next three years. The announcement was made possible in part by a $50,000 One North Carolina Fund grant.
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| | | Tractor Trailer Plows Restaurant Parking Lot
Friday, May 18, 2007 (950 reads)
Concord - Last night at approximately 9:30 p.m. a tractor-trailer driver lost control of his vehicle and plowed into the Texas Roadhouse parking lot on Speedway Boulevard. The driver, his passenger, as well as a person in the restaurant parking lot received minor injuries.
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| | Jail Construction to Cause Road Closings
Thursday, May 17, 2007 (883 reads)
Concord – The water line project related to construction of the Cabarrus County jail annex and the sheriff’s administration building is nearing completion. However, as a result of the construction. the intersection of Union Street and Corban Avenue will be closed Saturday, June 2 from 7 a.m. until 10 p.m. and Sunday, June 3 from 1 until 10 p.m.
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| URGENT: Kannapolis PD Seeking Robery Suspects
Wednesday, May 16, 2007 (821 reads)
Kannapolis — Kannapolis police are seeking three men who, they say committed an armed robery of Modern Wholesale, located at 609 South Main Street, on May 11, at 11:50am. An employee of the business was injured when she attempted to prevent the suspects from succeeding.
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| Commission to Vote on TIF Bonds Monday
Wednesday, May 16, 2007 (934 reads)
Concord - After months of debate, the County Commission will be voting on whether or not to support the contoversial TIF bonds for the North Carolina Research Campus in Kannapolis on Monday, May 21.
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| Wastewater Spill in Kannapolis
Tuesday, May 15, 2007 (840 reads)
Kannapolis - The City of Kannapolis has reported an untreated wastewater spill to surface waters which occurred on May 14, 2007.
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| City of Concord News
Monday, May 14, 2007 (793 reads)
Concord - The City of Concord has announced a couple of new regulations for city residents, as well as the dismantling of a traffic light.
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| Chamber Warning Businesses of Scam
Sunday, May 06, 2007 (874 reads)
Kannapolis - The Cabarrus Regional Chamber of Commerce has issued a warning of a scam that targets it members and is asking for help to stop it.
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