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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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Fort Worth payment processor acquired by pension plan group

Fort Worth-based First American Payment Systems has been acquired by an investor group led by the Ontario Teachers’ Pension Plan (Teachers’), with participation of members of the First American management team.


First American is a payment processor that provides electronic transaction processing services for more than 140,000 merchants in the United States, and in Canada through its Canadian subsidiary, iATS Payments. Private investment firm Lindsay Goldberg held the majority ownership position in First American.
“First American is at an exciting point in the company’s evolution, and we look forward to collaborating with our new financial partners to identify and pursue attractive opportunities to drive our next phase of growth – both through organic expansion and strategic acquisitions,” said Neil Randel, chairman of the board and CEO of First American.


Closing is expected in August and terms of the transaction are not being disclosed. In the Fort Worth Business Press Top 100 listing, First American said it had revenues of $431.2 million in 2012.
With $140.8 billion (Canadian) in net assets as of Dec. 31, 2013, the Ontario Teachers’ Pension Plan is the largest single-profession plan in Canada. - Robert Francis
 

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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?