The prospective bankruptcy filing of Energy Future Holdings Corp., taken private in the biggest leveraged buyout in history, is poised to put the most profitable unit of the power producer up for grabs.
LIN Media LLC directors structured Media General Inc.’s $1.6 billion buyout of the local TV-station operator in a way that unfairly benefits private-equity firm HM Capital Partners LLC over other shareholders, a pension fund claimed in a lawsuit.
Spot wholesale electricity in Texas rebounded from a one-month low as below-normal temperatures boosted demand.
Dallas Real Estate
In Dallas, 56 percent of the population rents and the remaining 44 percent are homeowners. And in the past year the Dallas real estate market has seen an 13.5 percent increase in value, with a median sales price of $191,400, according to Zillow.