Dallas Companies

Mattress Firm to Acquire Mattress Pro

Mattress Firm, one of the United State’s leading mattress retailers, has recently announced plans to acquire the 35-store Mattress Pro chain. Terms of the acquisition were not disclosed. Upon completion of the acquisition, Mattress Firm will begin the process of transitioning Mattress Pro locations with new signage, its signature store format and expanded product selection. …

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American Airlines Federal Credit Union Unveils cent$ Magazine

American Airlines Federal Credit Union (AA Credit Union) has just unveiled cent$ — a new, quarterly, custom financial education and lifestyle magazine — at an invitation-only launch event attended by several AA Credit Union Board and Supervisory Committee members and management staff from AA Credit Union, American Airlines and AAP Custom, a division of American …

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Spherion Acquires Dallas-Based Resulte Universal Accounting and Finance Staffing Firm

Spherion Corporation, a recruiting, staffing and workforce solutions provider, has acquired Resulte Universal, a specialty technology and accounting and finance staffing services firm based in Dallas, Texas. Resulte generated revenue of approximately $23 million for the twelve months ended March 31, 2007. Spherion will use cash on hand to fund the total investment of approximately …

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Frito-Lay and The National Arbor Day Foundation to Help Plant Trees Nationwide

Frito-Lay North America and The National Arbor Day Foundation have announced a national partnership, “Make America a Little Greener,” which will provide 300,000 tree seedlings for reforestation efforts in areas blighted by natural disasters and to beautify communities. The program kicks off Thursday, April 19, 2007 with Frito-Lay employees planting trees along the Katy Trail …

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TXU Energy Cuts Electric Prices

TXU Energy, the competitive retail electric subsidiary of TXU Corp. (NYSE:TXU) , has recently announced a significant price cut for its TXU Energy Market Tracker+(SM) pricing plan. TXU Energy Market Tracker+ is an innovative pricing plan that automatically lowers electricity prices if natural gas costs trend lower. Prices are being cut to respond to competitive …

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KKR and TPG Voluntarily File Commitments for TXU Electric Delivery With Public Utility Commission of Texas

Texas Energy Future Holdings, Limited Partnership (TEF) today made an initial filing with the Public Utility Commission of Texas (PUC) setting forth its commitments regarding TXU Electric Delivery (to be renamed Oncor). These commitments will be binding upon successful completion of the acquisition of TXU Corp. TEF is the holding company formed by Kohlberg Kravis …

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TXU Provides Update Regarding Status of ‘Go-Shop’ Process

TXU Corp. (NYSE:TXU) , a Dallas-based energy company, has announced an update regarding the “go-shop” process being conducted by Lazard Freres & Co LLC (Lazard), the independent financial advisor to the TXU Corp. Board of Directors and its Strategic Transactions Committee. Under the terms of the definitive merger agreement announced February 26, 2007, an investor …

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New 125-Megawatt Texas Wind Farm Providing Energy to TXU

TXU Wholesale, a subsidiary of TXU Corp. (NYSE:TXU) , and Airtricity, a world-leading renewable energy company based in Dublin, Ireland, today announced that Airtricity has completed construction of the Forest Creek Wind Farm, increasing TXU Wholesale’s renewable energy capacity by 125 MW. The wind farm is expected to provide power for more than 24,000 homes …

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NBC 5 Honored With Edward R. Murrow Award for Overall Excellence

NBC 5/KXAS, the local NBC affiliate in Dallas, has been honored with the prestigious Edward R. Murrow Award for Overall Excellence presented by the national Radio-Television News Directors Association. The recognition reflects NBC’s success in bringing North Texas viewers the news and information they find useful. The award is in the large-market television category for …

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U.S. Steel to Acquire Lone Star Technologies

United States Steel Corporation (NYSE:X) and Lone Star Technologies, Inc. (NYSE:LSS) have entered into a definitive agreement under which U. S. Steel will acquire Lone Star, a leading manufacturer of welded oilfield tubular goods, for $67.50 per share in cash. The agreement was unanimously approved by the boards of directors of both U. S. Steel …

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