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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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Gentiva to buy Harden Healthcare for $408.8M

 

ATLANTA (AP) — Gentiva Health Services Inc. plans to purchase the home health, hospice and community care businesses of Harden Healthcare Holdings Inc. in a cash-and-stock deal worth about $408.8 million.

The Atlanta company said Thursday it will pay $355 million in cash and about $53.8 million in stock. Harden generated about $476 million in revenue last year, excluding the company's long-term care business, which its shareholders will keep.

Harden operates in 13 states and has a large presence in Texas. Gentiva provides home health and hospice care, including skilled nursing, physical, occupational, speech and neurorehabilitation services.

Harden shareholders and the boards of directors for both companies have approved the deal, which is expected to close in the fourth quarter.

Gentiva expects the acquisition to begin helping adjusted earnings, which exclude one-time costs, within the first year after it closes.

Gentiva shares closed at $11.14 on Wednesday. They have traded in a 52-week range of $8.47 to $13.85.
 

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