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Top News Links: Friday, Dec. 11

Books-A-Million a private company once again

Books-A-Million has finished the process of becoming a private company again, the Birmingham company announced Thursday. Shareholders who control 89 percent of the company's common stock voted to take the company private again.  Clyde B. Anderson will continue to serve as executive chairman of the board and as a director, and Terrance Finley will continue to serve as president and CEO. – AL.com

Alabama’s infrastructure gets a C-

The grade is out for Alabama's infrastructure is "C-" according to the American Society of Civil Engineers. The ASCE graded eleven categories of Alabama's infrastructure in its first ever infrastructure report card. "It's not one we'd want our kids to come home with," said Joe Meads, ASCE Government Affairs Director. – ABC3340

Senate panel scolds on drug prices

A pediatric doctor in Alabama had to scramble to find a less expensive supply of a lifesaving drug to treat an infant who was suffering from a parasitic infection. This was one of the stories a U.S. Senate panel heard on Wednesday at a hearing to explore why certain off-patent prescription medicines sold by companies like Valeant Pharmaceuticals and Turing Pharmaceuticals have shot up after they acquired the rights to the drugs. – Scientific American

Newspaper sounds warning on ‘one-track’ development

What happens when the auto sales boom runs out of gas? The answer could be coming sooner than you think, and it probably won’t be good news for Alabama. The state builds cars for Honda, Hyundai, Mercedes-Benz and Toyota, and it has spent decades creating a network of suppliers and feeder programs for manufacturing jobs. As the pace of the overall U.S. recovery starts to pull away, analysts say the tread may be wearing thin on a one-track state economy. – Montgomery Advertiser

Daxko buys Texas-based software company

Birmingham software company Daxko has bought a Texas firm that makes software for nonprofits and fitness and recreation centers. The acquisition of CSI Software, a Houston company, expands Daxko's customer base. Daxko also makes software for health and wellness clubs. – AL.com

What’s the state’s most debt savvy city?

Birmingham might be Alabama's banking hub, but it's not the most debt savvy city in Alabama, according to a new report from SmartAsset. The New York financial technology company ranked U.S. cities based on "debt savviness," which measures credit score, average personal loan debt, credit utilization and mortgage foreclosure rates. Huntsville won the race. – BizJournals.com

PartCycle pitched at Alabama Launchpad

PartCycle, an early-stage startup owned by Florence residents Andy Alonso and Brandon Gillis, was pitched for investors and the public Thursday in Huntsville in the finals of the $250,000 Alabama Launchpad Startup Competition. PartCycle Technologies LLC, based in Florence, advanced to participate in the Competition Finale at the Design Lab-Huntsville at Historic Lincoln Mills. – TimesDaily

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