Triple S offer proceeds GuideWell expansion | Jax Daily Report | Jacksonville Day by day File

As the Puerto Rican licensee of the Blue Cross Blue Shield coverage manufacturer, Triple S Administration Corp. seems like a pure merger in good shape for GuideWell Mutual Keeping Corp., guardian of Florida Blue.

On the other hand, Triple S stated the shared branding was not the impetus for the $900 million merger agreement declared very last week.

“Blue program consolidation was not the driver for this transaction. The transaction was pushed by what we consider we can carry out together by way of collaboration,” publicly traded Triple S reported in an FAQ (often questioned issues) posted in a Securities and Trade Commission submitting.

Jacksonville-dependent GuideWell is a not-for-earnings mutual holding enterprise. Its principal small business is procedure of Florida Blue, one of 35 independent Blue Cross Blue Defend well being insurance coverage firms.

Even so, the corporation has been expanding in the earlier decade outside of its main mission of insuring Floridians.

“To reimagine wellbeing treatment, enhance accessibility and make more healthy communities for our customers, we have taken methods to diversify and mature our organization, both vertically as a Florida-focused insurance company and horizontally as a wellness methods enterprise with an ever more nationwide footprint,” GuideWell stated in an FAQ despatched to staff members previous week.

“That diversification has taken us from an $8 billion organization in 2011 to a $20 billion corporation in 2020,” it stated.

Triple S described $3.7 billion in 2020 earnings.

“Florida Blue and Triple S have complementary capabilities, cultures and skills,” GuideWell CEO

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Amid changes, Arlington Bait & Deal with Fishing endures | Jax Daily Document | Jacksonville Daily File

As the Town & Nation Browsing Heart in Arlington transforms into College or university Park with new lights, parking and landscaping, 1 element will remain constant.

Arlington Bait & Tackle Fishing will continue to be open.

Specializing in fishing from rods, reels, clothing to live bait, spouse-and-spouse co-proprietors Monthly bill and Carmen Lamb will go on to serve the sector, such as those who use the boat ramps around the keep.

The Lambs have been in enterprise in the Arlington place for 17 many years, the past 11 in the after-thriving Town & State Procuring Centre at northeast Arlington Expressway and University Boulevard North.

Lamb said his area will make it practical even with so many closed storefronts in the center. 

The formal name of the shop is Arlington Bait and Tackle Fishing but it became ABT Fishing when the full identify was as well high priced to put on a sign.

ABT Fishing, as it is identified, is clustered with other running businesses such as a Dollar Normal retail store, a nail salon and a tattoo parlor.

When School Park is renovated, developer Alex Sifakis, president of JWB Genuine Estate Cash, states the middle will contain a grocery store, a food items court, a espresso shop, two condominium properties and community open up place.

On a recent weekday afternoon, ABT Fishing rapidly arrived to lifetime when three buyers arrived hunting for bait, deal with and a new rod and reel. 

They weren’t deterred by obtaining to travel slowly about

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Fanatics licensing deal kills Topps Co. merger | Jax Everyday File | Jacksonville Each day File

Iconic baseball card firm Topps Co.’s program to go general public fell aside final 7 days and apparently Jacksonville-dependent Fanatics Inc. is to blame.

Topps in April agreed to merge with a distinctive intent acquisition organization named Mudrick Capital Acquisition Company II, which would have turned Topps into a general public company.

Mudrick scheduled a shareholders meeting for this week that would have been the remaining phase in advance of finishing the transaction.

Having said that, The Wall Road Journal noted Aug. 19 that the players’ unions of Important League Baseball, the NBA and the NFL reached agreements with a new company managed by Fanatics for items licensing.

The subsequent morning, Mudrick issued a information launch indicating the Topps deal “has been terminated by mutual agreement, right after notification on August 19, 2021 from Significant League Baseball and the Important League Baseball Gamers Association that they would not be renewing their respective agreements with The Topps Company when they arrive up for renewal at the end of 2025 and 2022, respectively.”

Topps did not have discounts with the basketball and football unions but baseball was a big component of its business enterprise.

Proxy statements for the Mudrick deal do not expose how considerably money Topps was making from baseball. The company documented income of $567 million in 2020 and mentioned 55% of that arrived from its card business enterprise.

Besides baseball playing cards, Topps has licensing discounts for numerous other athletics leagues and for Star Wars playing cards.

Topps’ corporations

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Duos Systems to move its Jacksonville headquarters this drop | Jax Day by day File | Jacksonville Every day Document

Jacksonville-dependent Duos Systems Group Inc. declared Aug. 12 that it signed a lease for a new creating and will move in this fall, but did not specify wherever or how huge.

“We will go in by the stop of Oct,” CEO Chuck Ferry reported in a conference contact with investment analysts.

The corporation claimed in a news release that the constructing is near the company’s present headquarters. 

“Terms were structured so that there will be no extra hard cash price via the beginning of 2023,” the launch said.

“The new facility will residence all personnel in one area and has ample room for the Company’s expected expansion around the subsequent 12 months,” it explained.

A June investor presentation reveals Duos has 50 staff.

Duos Systems Team owns Duos Technologies Inc., which styles, deploys and operates technologies that supports rail, logistics, intermodal and federal government prospects “that streamline functions, improve safety and minimize costs.”

Duos Technologies now is based mostly at 6622 Southpoint Drive S., Suite 310, in Fortune Plaza.

The metropolis is reviewing a permit software for Duos Technologies to make-out space on the initially and second flooring at 7660 Centurion Parkway, which is the previous SuperStock creating in Deerwood Park South. The web page is about 4 miles east of the recent office environment.

Emerald C’s Development Inc. is proven as the contractor for the venture to modify 38,748 square feet of room for Duos Technologies at a cost of $973,229. 

Duos will choose a lot more than half

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Development Now | Jax Day by day Record | Jacksonville Day by day File

Small business Condo

Bardol Arden and Jerry Peters, 5732 Spring Park Road, contractor is Mediterranean Construction & Roofing Inc., 10,913 sq. feet, new creating, $195,000.


  • G.F. Florida Madison/Lexington LLC, 7750 Bayberry Highway, No. 1, contractor is G.F. Florida Working Alpha Inc., 2,360 sq. toes, tenant develop-out, $95,700.
  • Florida Plastic Recycling Co. LLC, 5220 New Kings Road, No. 3, contractor is Smarter Transforming, 140,560 square feet, renovation, $83,390.
  • CHEP Services, 3509 Port Jacksonville Parkway, contractor is Citory Methods LLC, 480 sq. ft, walkway canopy addition, $25,329.

Place of work, Financial institution, Expert

  • Group First Credit history Union, 637 N. Lee St., contractor is Dav-Lin Inside Contractors Inc., 17,487 sq. feet, alteration, $528,479.
  • Ryder Truck Rental, 9617 Florida Mining Blvd. E., contractor is Spatco Strength Solutions LLC, storage tank removal and installation, $450,000.
  • Aspiration Finders Homes Inc., 14701 Philips Highway, contractor is Moducomm Enhancement Inc., 2,425 square toes, tenant build-out, $229,612.
  • Sheltair Jacksonville Intercontinental LLC, 14600 Whirlwind Ave., contractor is Acon Design Co. Inc., 1,623 sq. toes, inside establish-out, $180,538.
  • East Coastline Compounding & Pharmacy LLC, 1617 Atlantic Blvd., contractor is Rebeca Bernard Customized Houses LLC, 2,650 square feet, tenant establish-out, $100,000.
  • Regency Tower Holdings Inc., 9550 Regency Sq. Blvd., contractor is Austen Builders Inc., set up exterior doorway and staircase, $31,327.
  • Eleventh Episcopal District of the African Methodist Episcopal Church Inc., 101 E. Union St., No. 301, Howard Building LLC, harm mend, $22,484.


  • Tea Poke Spot Inc., 4076 Belfort Street, contractor is The Shrout Cos. Inc., 2,046 square feet,
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Szymanski out as UNF president, transferring to MedNexus | Jax Day by day History | Jacksonville Everyday File

The College of North Florida is searching for a new president.

UNF President David Szymanski will grow to be the total-time CEO and govt director of UNF MedNexus powerful Sept. 17. He now qualified prospects that firm alongside with UNF.

The university’s board of trustees introduced the shift Aug. 6.

“Approaching the remaining year of my presidency and soon immediately after obtaining condition guidance for UNF MedNexus, I initiated conversations with the leadership of the Board of Governors and Board of Trustees and the Chancellor on the best timing for a changeover to lead UNF MedNexus on a complete-time foundation,” Szymanski stated in a information release.

The trustees will meet up with later this thirty day period to consider an interim president.

Szymanski will turn out to be the initially whole-time CEO and executive director of UNF MedNexus, college-based mostly health care and overall health care initiative he developed and founded. Very first proposed by Szymanski in 2019, UNF MedNexus received $6 million in first funding by means of the 2020-21 funds passed by the condition Legislature.

From still left, Kevin Hyde, UNF board of trustees chair Sydney Kitson, Florida Point out University Process board of governors chair UNF President David Szymanski and Marshall M. Criser, Florida Condition College Program chancellor.

“We are particularly pleased that President Szymanski will continue to meaningfully influence UNF and Northeast Florida as CEO and Government Director of UNF MedNexus. This exceptional option delivered by President Szymanski will be instrumental to even further advancing our

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