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Fort Worth's new thoroughfare plan aims for more variety in street design

Fort Worth is launching a review of its master thoroughfare plan aimed at accommodating continued suburban growth and central city redevelopment with a greater variety of streets and more efficient traffic flow.

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Holt Hickman, businessman who helped preserve Stockyards, dies at 82

Longtime Fort Worth businessman, philanthropist and preservationist Holt Hickman died Nov. 15, 2014, at the age of 82.

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UPDATE: Could American Airlines move its headquarters?

A key linchpin in the Fort Worth economy, American Airlines Group Inc., is considering sites for a new headquarters, possibly outside the city, the airline’s CEO said this morning.

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Tiger Woods takes a swing at Fort Worth's Dan Jenkins - in print anyway

Rarely does Golf Digest make the news. Leave it to Dan Jenkins to change that.

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Crestwood area hoping to block planned office building

Residents of West Fort Worth’s Crestwood Association are trying to block the rezoning of a small apartment complex at White Settlement Road and North Bailey Avenue to make way for a planned office building, saying it would represent the start of commercial encroachment into their neighborhood.

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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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