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Editorial Results (free)

1. Last Word: Corporate Musical Chairs, Another Dollar General and Ronnie Grisanti -

The three-way deal by which Memphis-based Fred’s was to buy hundreds of Rite-Aid stores from Walgreens just keeps getting worse for Fred’s even though the deal happened last week without Fred’s. An analyst says Fred’s got cut out because of questions about the corporation’s viability to enter into what is an ambitious change of course for the company on a large scale.

2. University Cabanas Sell for $2.1 Million -

2059 Vollintine Ave., Memphis, TN 38107

Sale Amount: $2.1 million

Sale Date: May 20, 2013

3. Memphis Business Academy Files Permit for Building -

Memphis Business Academy has filed a $2.8 million permit with the city-county Office of Construction Code Enforcement for a new building on its Frayser campus.

The charter middle and high school at 3306 Overton Crossing filed the permit Friday, May 24, for a “new one-story prefab metal building with mezzanine.” No contractor or architect was listed on the permit, which shows the address of the new building as 3266 Overton Crossing.

4. Charter School to Rehab Potential Eyesore -

Not surprisingly, business education is standard fare at the Memphis Business Academy, a charter school about to begin its fifth academic year.

And in the coming semesters MBA students will receive an important lesson in one particular aspect of the business world – real estate acquisition and repositioning – as the administration takes possession of the 86,640-square-foot big-box retail building at 3306 Overton Crossing St. in Frayser and turns it into the school’s new home.