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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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Museum District: Area’s evolution creating more interaction, public spaces

Fifteen years ago if someone had shot a cannon from Fort Worth’s world-renowned museum district, nobody would have noticed, joked Lori Eklund, senior deputy director of the Amon Carter Museum of American Art. But that has changed.

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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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MetroPCS board recommends sweetened offer from Deutsche Telekom AG

RICHARDSON, Texas (AP) — The board of MetroPCS is unanimously recommending its shareholders vote in favor of the sweetened buyout offer from Deutsche Telekom AG, the parent company of T-Mobile USA.

Deutsche Telekom said the original offer had T-Mobile contributing $15 billion in debt to the combined company. The new offer announced last week reduces that to $11.2 billion, effectively making the combined company more valuable. Deutsche Telekom also said it would also reduce the interest rate by half a percentage point.

The ownership structure remains unchanged, with 26 percent of shares being held by current MetroPCS shareholders and 74 percent by Deutsche Telekom.

MetroPCS Communications Inc. rescheduled its special meeting for April 24 to give shareholders time to consider the offer. Its stock fell 46 cents, or 4 percent, to $11.06 Monday morning.


 

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