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Moves by Jeb Bush add to talk of 2016 candidacy

WASHINGTON — Jeb Bush's decision to release a policy-laden e-book and all his emails from his time as governor of Florida has further stoked expectations among his allies that he will launch a presidential bid.

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Ebby Halliday acquires Fort Worth’s Williams Trew

Williams Trew Real Estate of Fort Worth has been acquired by Dallas-based residential real estate brokerage Ebby Halliday Real Estate Inc.

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Meridian Bank Texas parent acquired by UMB Financial for $182.5M

Kansas City, Mo.-based UMB Financial Corp., the parent company of UMB Bank, said Dec. 15 it has signed a definitive agreement to acquire Marquette Financial Companies in an all-stock transaction.

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Cousins Properties to sell 777 Main tower in downtown Fort Worth

Cousins Properties Inc. has confirmed plans to sell the 777 Main office tower in downtown Fort Worth, according to a news release from the Atlanta-based real estate investment firm.

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Glen Garden sale closes, distillery on tap

Firestone & Robertson Distilling Co. closed late Wednesday on its purchase of the historic Glen Garden Country Club in southeast Fort Worth, with plans to convert it into a whiskey distillery and bucolic visitor attraction.

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BMC Software sold for $6.6B in cash

 

NEW YORK (AP) — BMC Software Inc. has agreed to be sold to a private investor group for about $6.6 billion in cash.

The Houston-based maker of system management software for businesses said Monday that the deal is for $46.25 per share. That's less than 2 percent above Friday's closing stock price of $45.42.

With roughly 143 million shares outstanding, according to FactSet, that values the deal at $6.6 billion. The companies said the deal is worth $6.9 billion.

The investor group is led Bain Capital and Golden Gate Capital and also includes Special Investments and Insight Venture Partners.

BMC said that Elliott Management, which owns 9.6 percent of the BMC's stock, has agreed to vote its shares in favor of the deal, which is expected to close later this year. The hedge fund had asked the company to consider selling itself last year. The stock then jumped in March after reports surfaced that the company was considering buyout offers from several private equity firms.

Under the terms of the deal, BMC can solicit alternative proposals for 30 days.

Shares of BMC slipped 8 cents to $45.34 in morning trading. The stock is up 14.6 percent year-to-date, slightly more than the Standard & Poor's 500, which is up 13.2 percent.


 

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TCU/Baylor
Did the College Football Playoff Committee get it right?