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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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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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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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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 Superintendent candidate withdraws from consideration

And then there were none. The lone Fort Worth ISD Superintendent candidate, Dr. Joel D. Boyd, has informed the Fort Worth ISD Board of Education that he is

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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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