A $4.25 million online bid was approved by the sellers of The Partridge Inn.
As the U.S. economy has improved and employers have regained confidence, companies have been steadily shedding fewer workers.
The Augusta Convention & Visitors Bureau and Augusta Sports Council expect the city will draw nearly $1.8 million in visitor spending next month.
Flush with more revenue, American Airlines posts profit, declares first dividend since 1980.
Metro Augusta's unemployment rate increased to 7.4 percent in June, the Georgia Department of Labor announced Thursday.
Eli Lilly and Co., which operates the Elanco plant in east Augusta, reported lower quarterly revenues because of multiple drug patent expirations.
Outdoor retailer Cabela's on Thursday said it made $43.5 million in profit for the second quarter.
Ford's second quarter net income up 6 percent to $1.3 billion as Europe makes money again.
Recall costs chopped $1.5 billion from General Motors' bottom line in the second quarter, cutting its net income by 85 percent.
Caterpillar 2nd-quarter profit rises, revenue falls; lifts full-year earnings forecast.