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Dee Lincoln bringing restaurant to Fort Worth's Museum Place

Dee Lincoln is bringing her restaurant to Fort Worth’s Museum Place project. The 5,300-square-foot restaurant, at 3280 W. Seventh St., is expected to open in the first quarter of

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Fort Worth council members approve Cavile Place redevelopment plan

The vote kicks off what officials say will be a 10-15-year implementation.

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Former RadioShack CEO caught in protest over ousted leader at Market Basket

Employees protest over many things: higher wages, better benefits, safer working conditions in their jobs. What's far more unusual, if not unprecedented, is to see workers, organized by senior managers, stage a rebellion to help their CEO get his job back.

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UT Arlington Army ROTC officer named nation's top military science professor

The U.S. Army Cadet Command has named Lt. Col. Lora A. Rimmer, Commander of the Army ROTC “Maverick Battalion” at University of Texas at Arlington, the nation’s Professor of Military Science of the Year.

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Fort Worth Hilton owners acquire Ashton Hotel

The Ashton Hotel, a historic boutique hotel in downtown Fort Worth, has been sold to a new owner.

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Southlake-based equity fund expands heavy construction holdings

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By Bill Bowen
Allegiance Crane & Equipment LLC, a holding of the $2 billion private equity fund based in Southlake, Prophet Equity, has completed a deal to acquire the assets and operations of Action Crane Service Inc. of Fort Lauderdale, Fla., for an undisclosed sum.
The deal gives Allegiance a broader south-Florida customer base with equipment and personnel in the area to capitalize on the rapidly growing construction work of the region.
The acquisition of the 17 mobile cranes in Action Crane’s stable gives Allegiance a total of more than 150 cranes and hoists. The company is based in Pompano Beach, Fla., but has operations in Houston, San Antonio and Carrizo Springs, Texas.
"The successful acquisition of Action Crane enhances Allegiance's South Florida presence and improves its ability to take advantage of the rapidly improving market in the area," Ross Gatlin, CEO and managing partner of Prophet Equity said in a press release.
Prophet Equity pursues investments in lower and middle market companies with strategically strong business with value potential, such as those found in divestitures, non-strategic businesses, corporate carve-outs and others. It has $2 billion in value scattered across 30 entities with combined revenue of $4 billion.

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Training Camp
Training camp is starting this week. How will the Dallas Cowboys do this season?