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Texas has old, new candidates to offer as presidential hopefuls

The Republican Party has long been riven between its establishment and conservative wings, a split that plays out every four years in the race for the White House.

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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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Two Fort Worth Baylor medical properties acquired

Baylor Surgical Hospital of Fort Worth and Baylor Surgical Hospital Integrated Medical Facility are among three facilities acquired by Carter Validus Mission Critical REIT II Inc.

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Cash America considers separating online business

Payday lender Cash America International Inc. is evaluating a plan to separate its online lending business that comprises its e-commerce division, Enova International Inc., to focus on its storefront lending operations that include pawn shops.
A spinoff would create a stand-alone, publicly traded online lending company with approximately $766 million in annual revenue as of Dec. 31, 2013.


If a spinoff were to occur, Cash America would operate the storefront lending businesses, while Enova would own and operate the online lending business with operations in the United States, the United Kingdom, Australia and Canada.
David Fisher, who has been Enova’s CEO since January 2013, would continue to serve in that role if the spinoff were to occur.
As a result of a spinoff, Cash America President and CEO Daniel R. Feehan said in a news statement, “A separation is expected to better position Cash America and Enova to pursue strategies that best fit their specific businesses.”


The Fort Worth-based company said its management is expected to make a final recommendation to the board later this year with a transaction likely to be completed in late 2014 or early 2015.
As of Dec. 31, 2013, Cash America International operated 1,006 total locations, including 869 lending locations in 22 states in the U.S.; 47 pawn lending locations in central and southern Mexico; and 90 check cashing centers operating in 13 states in the U.S. Additionally, the company offered consumers loans over the Internet to customers in 32 states, the U.K., Australia and Canada. – Betty Dillard
 

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