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Obama calls for offshore drilling in Southeast

WASHINGTON — The Obama administration on Tuesday outlined a politically fraught plan for allowing oil and gas drilling offshore along parts of the Atlantic coast while imposing new restrictions on environmentally fragile waters off northern Alaska.

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Two from Fort Worth appointed by Gov. Abbott to university boards

Steve Hicks, a University of Texas System regent who has been a vocal opponent of regents who have criticized the system’s flagship campus in Austin, was reappointed to the board by Gov. Greg Abbott on Thursday. 

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Fort Worth draws closer to deal with Lancaster developer

City staff are planning to introduce the developer Feb. 3 at a meeting of the City Council's Housing and Economic Development Committee.

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Museum District: Area’s evolution creating more interaction, public spaces

Fifteen years ago if someone had shot a cannon from Fort Worth’s world-renowned museum district, nobody would have noticed, joked Lori Eklund, senior deputy director of the Amon Carter Museum of American Art. But that has changed.

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Energy Transfer Partners, Regency Energy announce $18B merger

Energy Transfer Partners LP of Dallas and Regency Energy Partners LP have entered into a definitive merger agreement.

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Dell seeks deal approval again
Dell Inc. headquarters. File photo
 

ROUND ROCK, Texas (AP) — Now comes the moment of truth for the future of Dell Inc.

The Dell board hopes it has persuaded enough shareholders to back a $24.4 billion sale to a group led by CEO Michael Dell and buyout firm Silver Lake Partners.

Dell shareholders meet Wednesday evening for a special meeting to vote on the deal.

Billionaire Carl Icahn and investment firm Southeastern Asset Management have campaigned to defeat that deal. They say it's a bid by founder Michael Dell to seize control of the company at a sharp discount to its long-term value. Icahn and Southeastern have offered a more complicated alternative for the slumping PC maker, but they first need to block the deal with Michael Dell and replace the board.

 

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