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Ex Rangers manager Washington apologizes for 'breaking wife's trust'

IRVING, Texas (AP) — Former Texas Rangers manager Ron Washington says he is embarrassed for 'breaking his wife's trust.'

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Troubled RadioShack files SEC form, talks with 'major vendor'

RadioShack Corp.’s latest filing with the U.S. Securities and Exchange Commission describes recent discussions that “could be beneficial to the financial restructuring of the company.”

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Road Show: City leaders prepare campaign to corral votes for $450 million arena

Fort Worth’s biggest backers of a new arena at the Will Rogers Memorial Center are leaving little to the chance of a “no” vote in a citywide election Nov. 4 to decide on new fees that would fund 15 percent of the $450 million project.

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Texas Health Southwest breaks ground on $40M expansion

A $40 million expansion of Texas Health Harris Methodist Hospital Southwest Fort Worth is under way, with groundbreaking ceremonies held this week.

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Overland Sheepskin opening Sundance Square store in Fort Worth

The store is expected to open by the holidays, Sundance said.

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Hilltop Holdings buying rest of SWS Group

DALLAS (AP) — Hilltop Holdings Inc. of Dallas is buying the rest of SWS Group that it doesn't already own in a deal that values the regional bank and financial services provider at about $260.8 million.

Hilltop Holdings, a financial holding company, already owns a 24 percent interest in SWS Group's common stock.

The boards of both Dallas-based companies unanimously approved the deal announced Tuesday. It still requires approval by SWS shareholders and regulators. The SWS acquisition is targeted to close before year's end.

Under terms of the deal, SWS Group Inc. shareholders will receive 0.2496 shares of Hilltop common stock and $1.94 of cash. This equals $7.88 per share based on Hilltop's Monday closing price.

In January, Hilltop had offered $7 per share for SWS.

Hilltop owns PlainsCapital Corp., a bank franchise based in Texas. Hilltop also owns National Lloyds Corp., which provides property and casualty insurance through two insurance companies, National Lloyds Insurance Co. and American Summit Insurance Co.

SWS shares climbed 41 cents, or 5.5 percent, to $7.89 in premarket trading Tuesday. Hilltop shares closed at $23.79 on Monday.

 

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Arena
What do you think of the new plans for a new Will Rogers arena and changes at the Convention Center?