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Ice cancels flights, snarls traffic; snow in North Texas forecast

DALLAS (AP) — More wintry weather was expected across parts of North Texas through Wednesday.

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Riverside: Developer sees revitalization with apartments, townhomes driving commercial projects

A Dallas developer is seeking to rezone more than 18 acres in Fort Worth’s Riverside area overlooking Oakhurst Scenic Drive, the Trinity River and downtown, with plans to build as many as 400 apartments and townhomes aimed at renters who want to live in or near the central city. D

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Einstein Bagels closing two Tarrant locations

Einstein Bagels is closing two Tarrant County locations, part of a series of 39 closings around the country, according to the company’s owners, JAB Holding Co.

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Dallas developer confirmed to build Walsh Ranch in west Fort Worth

Dallas-based Republic Property Group has been chosen to lead Walsh Ranch development as the 7,200-acre residential community takes shape in west Fort Worth.

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Berkshire Hathaway company acquires Fort Worth firm

M&M Manufacturing, a producer of sheet metal products for the air distribution and ventilation market based in Fort Worth, has been acquired by MiTek Industries Inc., a subsidiary of Warren Buffett’s Berkshire Hathaway Inc.,

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Cinemark buys Rave Cinemas

Photo by Jon P. Uzzel of Cinemark in Plano

A. Lee Graham
Reporter

Cinemark Holdings Inc. of Plano has completed its acquisition of Dallas-based Rave Cinemas LLC, whose properties include theaters in Fort Worth and Hurst.
The $240 million deal brings Cinemark 32 movie houses totaling 483 screens in 12 states. Based on a Department of Justice final judgment, Cinemark is required to divest three theaters. With the addition of the Rave properties, Cinemark’s diversified domestic footprint expands into 40 states and an additional seven designated market areas, including the New England market.
“The Rave theaters are well positioned in their markets and include multiple patron amenities, including expanded food service offerings and premium large format screens,” said Cinemark CEO Tim Warner, commenting in a news release.
“With this addition, we will extend our presence into new markets and increase our industry leading XD premium large format brand to 129 screens worldwide,” Warner said.
Cinemark Holdings Inc. operates 467 theaters with 5,259 screens in 39 U.S. states, Brazil, Mexico, Argentina, and 10 other Latin American countries. More information is available at http://investors.cinemark.com.

 

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