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Texas has old, new candidates to offer as presidential hopefuls

The Republican Party has long been riven between its establishment and conservative wings, a split that plays out every four years in the race for the White House.

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Two from Fort Worth appointed by Gov. Abbott to university boards

Steve Hicks, a University of Texas System regent who has been a vocal opponent of regents who have criticized the system’s flagship campus in Austin, was reappointed to the board by Gov. Greg Abbott on Thursday. 

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Fort Worth draws closer to deal with Lancaster developer

City staff are planning to introduce the developer Feb. 3 at a meeting of the City Council's Housing and Economic Development Committee.

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Compass BBVA names Happel CEO for Fort Worth

BBVA Compass has appointed Brian Happel, most recently the Fort Worth city president, its chief executive officer of Fort Worth.

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Two Fort Worth Baylor medical properties acquired

Baylor Surgical Hospital of Fort Worth and Baylor Surgical Hospital Integrated Medical Facility are among three facilities acquired by Carter Validus Mission Critical REIT II Inc.

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Bank with Fort Worth location being acquired

 

Park Cities Bank’s holding companies, North Texas Bancshares Inc. and North Texas Bancshares of Delaware Inc., have signed a definitive acquisition agreement with Park Cities Financial Group Inc. to purchase and recapitalize the bank.
The holding companies filed a petition for Chapter 11 on Oct. 16 in the U.S. Bankruptcy Court in Wilmington, Del.


“We have been working diligently to secure a strategic partner with a shared vision and commitment to strengthen Park Cities Bank and lead it into the future,” said CEO John D. Dienes in a news release. “This transaction provides capital to facilitate lending and business development in the communities we serve.”
Dienes added that the Chapter 11 filing affects only the holding companies and does not affect Park Cities Bank.


Park Cities Bank is a Texas chartered bank based in Dallas with $422 million in assets, 70 fulltime employees and four branches – three in Dallas and one in Fort Worth – as of Sept. 30.
The Deason family is lead investor of Park Cities Financial Group, with additional support provided by local investors.
The holding companies’ financial adviser is Commerce Street Capital while Bracewell & Giuliani serves as legal adviser. Park Cities Financial Group’s legal adviser is Jackson Walker. - Betty Dillard
 

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