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Trademark closes on 63-acre Waterside site in Fort Worth

Construction begins Oct. 20 on the development, to be anchored by a Whole Foods Market.

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UPDATE: $215M hotel, indoor ski project planned for Grand Prairie

Officials in Grand Prairie are expected later today to announce a $215 million project that will include a Hard Rock Hotel and an indoor ski facility.

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Two Fort Worth council members propose temporary single-family moratorium around TCU

The moratorium would apply to new permits for single-family homes around TCU, and give the city time to figure out what to do with a controversial proposed overlay in several neighborhoods around the university.

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Fresh Ebola fears hit airline stocks

DALLAS (AP) — News that a nurse diagnosed with Ebola flew on a plane full of passengers raised fear among airline investors that the scare over the virus could cause travelers to avoid flying.

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Landscape architect behind several TCU landmarks acquired

The Dallas design firm behind several Texas Christian University projects, as well as Globe Life Park in Arlington and AT&T Stadium, has been acquired by Rvi Planning + Landscape Architecture.

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Athlon Energy prices IPO
 

 

A. Lee Graham

Reporter

 

Athlon Energy Inc. of Fort Worth has priced its initial public offering of 15,789,474 shares of common stock at $20 per share. The shares were expected to begin trading Friday on the New York Stock Exchange under the ticker symbol “ATHL.”

 

The selling stockholders named in the registration statement have granted the underwriters a 30-day option to purchase up to 2,368,421 more shares of the company’s common stock at the initial public offering price. The offering is expected to close on Wednesday Aug. 7, 2013, subject to customary closing conditions.

 

Athlon said it plans to use net proceeds from the offering to repay indebtedness, provide liquidity for use in its drilling program, and for general corporate purposes. Those include potential acquisitions.

 

Acting as joint book-running managers for the offering were Citigroup Global Markets Inc. and Goldman, Sachs & Co. Also serving that role are Merrill Lynch, Pierce, Fenner & Smith Incorporated, UBS Securities LLC and Wells Fargo Securities LLC.

 

Athlon Energy is an independent exploration and production company that acquires and develops unconventional oil and liquids-rich natural gas reserves in the Permian Basin. More information is available at www.athlonenergy.com.

 

lgraham@bizpress.net

 

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