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Top News Links: Friday, Feb. 1

First Baldwin Bankruptcy

First Bancshares, of Hattiesburg, announced it will acquire First National Bank of Baldwin. As part of the deal, First Baldwin will file for Chapter 11 bankruptcy. — American Banker

State to receive funds from robo-signing settlement

Alabama will receive more than $1 million as part of a multistate settlement with Lender Processing Services Inc., a Jacksonville-based mortgage processing company. — Birmingham Business Journal

Steelmakers joint bid on TK

Nippon Steel and Sumitomo Metal Corp. team up to purchase ThyssenKrupp's Alabama plant for an estimated 1.5 billion dollars. — The Daily Yomiuri

Huntsville's patents lead to growth

A new Brookings Institution report shows that Huntsville boasts a high level of patent rates, which can be a major driver of long-term economic growth. — al.com

Otelco restructures 

Otelco Inc., a wireline telecommunication services provider in Alabama and several other states, announced a restructuring transaction that the company says will strengthen the company. — Canada Newswire

Huntsville residents weigh in on downtown properties

Mayor Tommy Battle and city leaders gather public input regarding the future of three historic properties in downtown Hunstville via an online forum called "Imagine Huntsville." — WAFF

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