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Morning Links: 20 November 2008

Brentwood HR firm acquired, Music City Bowl sales ahead of schedule, Psych Solutions wins Treasure State deal, and more...

11-20-2008 7:32 AM

National insurance broker Arthur J. Gallagher (Ticker: AJG) has acquired local benefits brokerage The HR Group. Karen Saul and her team will stay put in Brentwood. Gallagher earlier this year bought Gale Smith for $6.6 million.

Scott Ramsey tells the Associated Press almost 20,000 tickets have already been sold for this year's Music City Bowl.

BMO Capital Markets analyst Stephen Atkinson says battered Louisiana-Pacific (Ticker: LPX) is "doing the right thing" by cutting back big time on its spending.

Tennessee is in the running for a $300 million plant that would convert waste into diesel.

Williamson County has bought a former metals plant in Franklin for more than $4 million.

Psychiatric Solutions (Ticker: PSYS) has signed a deal to open a mental-health wing at a Montana hospital next spring.

Mike Blackburn, managing partner of Petra Capital Partners, tells a VC conference in Arkansas he's still looking to invest in this down cycle.

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