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Berkshire Hathaway company acquires Fort Worth firm

M&M Manufacturing, a producer of sheet metal products for the air distribution and ventilation market based in Fort Worth, has been acquired by MiTek Industries Inc., a subsidiary of Warren Buffett’s Berkshire Hathaway Inc.,

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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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Former Chesapeake CEO McClendon in new energy venture

 

James O'Toole

NEW YORK (CNNMoney) -- Aubrey McClendon is getting back in the game.

An oil-and-gas partnership linked to the former Chesapeake Energy CEO filed documents with the Securities and Exchange Commission Friday revealing plans to raise up to $2 billion in a public offering.

McClendon will manage the business for the partnership, known as American Energy Capital Partners. He is supported by "a large and growing staff of over 125 oil and gas professionals," according to the filing.

McClendon, who also heads a firm known as American Energy Partners, resigned from from Chesapeake earlier this year. Chesapeake had been facing scrutiny over a bizarre arrangement under which McClendon borrowed more than $1 billion backed by personal stakes in the company's wells, though the firm said this practice was unrelated to his departure.

McClendon and American Energy Capital Partners could not be reached for comment.

McClendon is a part-owner of the Oklahoma City Thunder basketball team, whose arena bears Chesapeake's name.

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