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Ex Rangers manager Washington apologizes for 'breaking wife's trust'

IRVING, Texas (AP) — Former Texas Rangers manager Ron Washington says he is embarrassed for 'breaking his wife's trust.'

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Troubled RadioShack files SEC form, talks with 'major vendor'

RadioShack Corp.’s latest filing with the U.S. Securities and Exchange Commission describes recent discussions that “could be beneficial to the financial restructuring of the company.”

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Road Show: City leaders prepare campaign to corral votes for $450 million arena

Fort Worth’s biggest backers of a new arena at the Will Rogers Memorial Center are leaving little to the chance of a “no” vote in a citywide election Nov. 4 to decide on new fees that would fund 15 percent of the $450 million project.

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Texas Health Southwest breaks ground on $40M expansion

A $40 million expansion of Texas Health Harris Methodist Hospital Southwest Fort Worth is under way, with groundbreaking ceremonies held this week.

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Overland Sheepskin opening Sundance Square store in Fort Worth

The store is expected to open by the holidays, Sundance said.

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