Carlyle Group acquiring Fort Worth's ECi Software March 12, 2014
Fort Worth-based ECi Software Solutions, a privately held provider of industry-specific business management and e-commerce software solutions, said March 12 it has been acquired by The Carlyle Group, a global alternative asset manager headquartered in Washington, D.C.
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Fort Worth's Meridian Bank to acquire State BankMarch 12, 2014
Fort Worth-based Meridian Bank Texas said March 12 it has entered into a definitive agreement to acquire State Bank and Trust Co. for an undisclosed amount.
The deal is expected to close after regulatory approval within 90 to 120 days.
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Energy XXI buying EPL Oil & Gas for about $1.53BMarch 12, 2014
HOUSTON (AP) — Energy XXI is buying EPL Oil & Gas Inc. for about $1.53 billion in a deal that the companies say will create the biggest publicly-owned independent oil producer on the Gulf of Mexico shelf.read more >
Oil drops below $99 on China slowdown jittersMarch 12, 2014
The price of oil dropped below $99 a barrel Wednesday as the possibility of a deeper economic slowdown in China fed expectations of weaker demand.read more >
Agency suing American Airlines over tax incentives March 12, 2014
CHICAGO (AP) — The agency that oversees public transportation in Chicago is suing Fort Worth-based American Airlines for falsely claiming to buy "vast amounts of jet fuel" from a small office in a rural community to avoid paying tens of millions of dollars in taxes in the nation's third-largest city, where the actual work is done.read more >