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Obama calls for offshore drilling in Southeast

WASHINGTON — The Obama administration on Tuesday outlined a politically fraught plan for allowing oil and gas drilling offshore along parts of the Atlantic coast while imposing new restrictions on environmentally fragile waters off northern Alaska.

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Alliance's Hillwood Commons lands first tenant

A large title insurance, property valuation and settlement services company is the first tenant at Hillwood Commons I, an office complex at Alliance Town Center.

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Energy Transfer Partners, Regency Energy announce $18B merger

Energy Transfer Partners LP of Dallas and Regency Energy Partners LP have entered into a definitive merger agreement.

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Fort Worth's mayor looking for new chief of staff

Jason Lamers is leaving the city after 14 years to join Burlington Northern Santa Fe.

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Podcasting superstar from 'Serial' coming to Fort Worth

If you hear yourself hearing a certain haunting theme in early August as you pass the Omni Fort Worth Hotel, don’t be alarmed.

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AT&T closes on Crown Castle deal

DALLAS (AP) — AT&T said Monday that it has closed on its deal with Crown Castle International Corp. to lease the rights of 9,000 of its company-owned wireless towers and sell approximately 600 more. The Dallas-based company received approximately $4.83 billion at closing.

AT&T first announced the deal in October. The company said Monday that it plans to use the proceeds to buy back stock and pay off debt.

The communications company expects no significant impact to financial results from this transaction.

Shares of AT&T added 30 cents to close regular trading at $34.15, in line with broader market trends. Its stock added 4 cents to reach $34.19 in after-hours trading following the announcement.

 

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