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RadioShack sees stock jump on investment report

Fort Worth-based RadioShack saw its stock increase as much as 45 percent on Friday as investor Standard General LP said it was continuing talks on new financing for the electronics retailer.

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Fort Worth couple gets in 'Shark Tank,' comes out with deal

A Fort Worth couple who started a business when they couldn’t sleep, were the first entrepreneurs to get a deal on ABC’s Shark Tank in the season premiere on Sept. 26.

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20 from Dallas-Fort Worth on Forbes wealthiest list

There are 20 Dallas-Fort Worth residents listed among the 400 richest Americans, according to the Forbes 400 list of The Richest People in America 2014.

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Internal audit says EPA mismanaged Fort Worth project

FORT WORTH, Texas (AP) — An internal audit by the U.S. Environmental Protection Agency reveals the agency mismanaged an experiment using new ways to demolish asbestos-ridden buildings.

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Fort Worth TIF approves incentives for Westchester Plaza redevelopment, second 217-unit apartment property

A California REIT plans to buy the 50-year-old Westchester Plaza, demolish it, and redevelop the site with apartments, retail, medical-office, and parking.

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Athlon Energy sets stage for $300M IPO
 
 
A. Lee Graham
Reporter
 
Athlon Energy of Fort Worth plans to go public and raise $300 million by offering 15.8 million shares at a price range of $18 to $20.
At the midpoint of the proposed range, the commpany would command a market value of $1.6 billion.
Acting as joint bookrunners in the deal were Citi, Goldman Sachs, BofA Merrill Lynch and UBS Investment Bank.
Athlon Energy, launched by former Encore Acquisition executives with financing from Apollo Global Management, focuses on unconventional oil and liquids-rich natural gas reserves in the Permian Basin. It booked $179 million in sales in the last 12 months. It plans to list on the New York Stock Exchange under the symbol ATHL.
 
lgraham@bizpress.net

 

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Arena
What do you think of the new plans for a new Will Rogers arena and changes at the Convention Center?