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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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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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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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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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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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