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Ebby Halliday acquires Fort Worth’s Williams Trew

Williams Trew Real Estate of Fort Worth has been acquired by Dallas-based residential real estate brokerage Ebby Halliday Real Estate Inc.

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Meridian Bank Texas parent acquired by UMB Financial for $182.5M

Kansas City, Mo.-based UMB Financial Corp., the parent company of UMB Bank, said Dec. 15 it has signed a definitive agreement to acquire Marquette Financial Companies in an all-stock transaction.

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T&P Warehouse: Historic building remains in limbo as area redevelops

For years, the historic T&P Warehouse on West Lancaster Avenue downtown, built in 1931 to house freight for the Texas Pacific Railway, has sat vacant and deteriorating.

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Cousins Properties to sell 777 Main tower in downtown Fort Worth

Cousins Properties Inc. has confirmed plans to sell the 777 Main office tower in downtown Fort Worth, according to a news release from the Atlanta-based real estate investment firm.

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Glen Garden sale closes, distillery on tap

Firestone & Robertson Distilling Co. closed late Wednesday on its purchase of the historic Glen Garden Country Club in southeast Fort Worth, with plans to convert it into a whiskey distillery and bucolic visitor attraction.

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Oil rises above $94, bolstered by severe US cold

KUALA LUMPUR, Malaysia (AP) — The price of oil climbed above $94 a barrel Wednesday ahead of a weekly U.S. stockpile report and with U.S. demand for heating fuel expected to rise amid severe cold weather.

Benchmark U.S. oil for February delivery was up 39 cents to $94.06 a barrel at midafternoon Kuala Lumpur time in electronic trading on the New York Mercantile Exchange. The contract rose 24 cents to end at $93.67 on Tuesday.

A deep freeze has spread from the U.S. Midwest to the East and South, setting record low temperatures from Boston to Birmingham, and killing 21 people. The Midwest and the East experienced temperatures colder than much of Antarctica, supporting oil prices as demand for heating fuel rises.

An estimated 190 million people in the U.S. were subjected to the icy blast, caused by a kink in the "polar vortex," the strong winds that surround the North Pole. Authorities said the worst should be over in the next day or two. Warmer weather — at least, near or above freezing — is in the forecast for much of the stricken part of the country.

Analysts said investors are also waiting for the U.S. government's crude inventory report that is likely to show a fall in stockpiles last week, indicating stronger demand.

Brent crude, used to set prices for international varieties of crude, was up 18 cents to $107.53.

In other energy futures trading:

— Wholesale gasoline dipped 0.1 cent to $2.678 a gallon.

— Natural gas rose 3 cents to $4.329 per 1,000 cubic feet.

— Heating oil was up 0.4 cent to $2.964 a gallon.

 

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Did the College Football Playoff Committee get it right?