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26-story mixed-use tower planned at Taylor & Fifth in downtown Fort Worth

Jetta Operating Co., a 24-year-old privately held oil and gas company in Fort Worth, and a related entity plan a 26-story mixed-use tower downtown at Taylor and Fifth streets on a site once owned by the Star-Telegram.

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UPDATE: Six candidates file for two Water Board seats

Six candidates have filed for the two open seats on the Tarrant Regional Water Board, setting up a battle that could potentially shift the balance of power on the board and the priorities of one of the largest water districts in Texas.

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Top area CFOs honored

The Fort Worth Business Press honored 13 area chief financial officers today with a luncheon at the Fort Worth Club.

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Fort Worth breaks ground on $8.6 million South Main renovation

Fort Worth Near Southsiders and city officials broke ground Monday on the 18-month rebuild of South Main Street between Vickery Boulevard and West Magnolia Avenue.

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Body-camera maker has financial ties to former Fort Worth police chief, others

IOWA CITY, Iowa (AP) — Taser International, the stun-gun maker emerging as a leading supplier of body cameras for police, has cultivated financial ties to police chiefs whose departments have bought the recording devices, raising a host of conflict-of-interest questions.

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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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