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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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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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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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Hilton Fort Worth named to Historic Hotels

The Hilton Fort Worth is one of 24 hotels named a member of the Historic Hotels of America, the Washington, D.C.-based group announced on Nov. 18.

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Great Women of Texas honored

The Fort Worth Business Press held the Great Women of Texas event Wednesday night at the Omni Fort Worth Hotel. Stacie McDavid of McDavid Investments was honored as the

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Energy Transfer buying Susser Hldgs in $1.8B deal

DALLAS (AP) — Energy Transfer Partners LP is buying Susser Holdings Corp., an operator of convenience stores that sell gas, in a deal valued at about $1.8 billion.

Energy Transfer bought Sunoco Inc. for about $5.5 billion in 2012. The company said that adding Corpus Christi-based Susser to Sunoco's more than 5,000 retail stores —which are mostly on the East Coast — will expand Sunoco's geographic reach. Susser operates 630 Stripes and Sac-N-Pac convenience stores in New Mexico, Oklahoma and Texas.

Susser shareholders will choose either $80.25 in cash, 1.4506 Energy Transfer common units, or a combination of both for each share held.

The transaction will give Energy Transfer ownership of the general partner interest and incentive distribution rights in Susser Petroleum Partners LP, about 11 million Susser Petroleum common units and Susser Holdings' retail operations.

Energy Transfer anticipates more than $70 million in annual savings and foresees the possibility of additional savings.

Sunoco President and CEO Bob Owens will take on those roles for the combines businesses. He will report to Energy Transfer Chairman and CEO Kelcy Warren. Sam Susser will remain chairman of Susser Petroleum, which will continue to be based in Houston and trade on the New York Stock Exchange.

The deal, which was unanimously approved by Susser Holdings and Energy Transfer's boards, is targeted to close in the third quarter. It still needs approval from Susser Holdings' shareholders.
 

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Midterms
What was the message of the midterm elections?