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Moves by Jeb Bush add to talk of 2016 candidacy

WASHINGTON — Jeb Bush's decision to release a policy-laden e-book and all his emails from his time as governor of Florida has further stoked expectations among his allies that he will launch a presidential bid.

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Ebby Halliday acquires Fort Worth’s Williams Trew

Williams Trew Real Estate of Fort Worth has been acquired by Dallas-based residential real estate brokerage Ebby Halliday Real Estate Inc.

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Meridian Bank Texas parent acquired by UMB Financial for $182.5M

Kansas City, Mo.-based UMB Financial Corp., the parent company of UMB Bank, said Dec. 15 it has signed a definitive agreement to acquire Marquette Financial Companies in an all-stock transaction.

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Cousins Properties to sell 777 Main tower in downtown Fort Worth

Cousins Properties Inc. has confirmed plans to sell the 777 Main office tower in downtown Fort Worth, according to a news release from the Atlanta-based real estate investment firm.

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Glen Garden sale closes, distillery on tap

Firestone & Robertson Distilling Co. closed late Wednesday on its purchase of the historic Glen Garden Country Club in southeast Fort Worth, with plans to convert it into a whiskey distillery and bucolic visitor attraction.

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New Twinkies will double their shelf life

Chris Isidore

NEW YORK (CNNMoney) -- Good news for Twinkies hoarders. Not only are Twinkies coming back to store shelves on Monday, but once there they'll have almost twice the shelf life the old Twinkies did.

The new Hostess Brands, which bought the rights and recipe to make Twinkies and other Hostess snacks out of bankruptcy court earlier this year, says that when Twinkies return they'll have a 45-day shelf life. That's significantly longer than the 26-day shelf life they previously had.

A long shelf life for the cream-filled sponge cake is part of the mythology of the iconic snack food. A 2012 Super Bowl ad for Chevy pick-up trucks made fun of predictions of the end of the world later that year, suggesting only Chevy trucks and Twinkies would survive the looming apocalypse.

Some Twinkies will have an even longer lifespan than 45 days. Hostess said it will start freezing about 10% of its shipments to retailers. However, shoppers won't be able to buy frozen Twinkies. Instead, retailers will store the frozen cakes then thaw them out for sale, stamping their own expiration date on the package.

Hostess spokeswoman Hannah Arnold said that only retailers who ask for frozen shipments will get them, that the rest will get the traditional "fresh" product. She said the freezing process will not affect the taste of the Twinkies.

The new Twinkies will also be found in significantly more stores. They were in about 50,000 stores nationwide when the company shutdown, but the target is now to reach 110,000 locations by the end of this year.

The former Hostess Brands shut operations and liquidated its various holdings after a strike by the bakers' union in November last year. The shutdown started a run on Twinkies and other products by its fans.

The longer shelf-life isn't strictly new -- the former Hostess Brands changed the recipe to extend the shelf-life on Nov. 1 last year. But those products were made for little more than a week before the company ceased operations. Hostess won't disclose the change in the recipe that allows it to extend the shelf life.

Other products that were made by Hostess before the shutdown, including Wonder Bread, Drake's snacks and other brands of bread, were purchased by other bidders during the auction overseen by the bankruptcy court. The details of when those products will return to shelves are not yet available.

The new Hostess, which is owned by a joint venture between Apollo Global Management and C. Dean Metropoulos & Co., was purchased for $410 million in March.

 

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