Bird Rides Inc. will go public by merging with a Dallas-based blank-check company, securing a new source of capital after venture capitalists largely lost.
Caris Life Sciences’ massive new capital raise gives it a valuation of nearly $8 billion
The Irving-based precision medicine company is getting a major boost from an $830 million equity round.
Caris Life Sciences is headquartered in Irving.(Courtesy of Caris Life Sciences)
4:28 PM on May 11, 2021 CDT
The Irving-based precision medicine pioneer Caris Life Sciences is hauling in a massive investment that places a nearly $8 billion valuation on the 13-year-old company.
The $830 million equity round includes some of the biggest names in investment circles, including Sixth Street and funds associated with T. Rowe Price, Fidelity, Silver Lake and Coatue. A dozen other investors also took part.
Irving engineering giant Fluor will soon be without a namesake leader for first time since 1912
Peter J. Fluor, great-grandson of the founder, is retiring after 37 years on the company’s board.
Fluor Corp. headquarters in Irving.(none - Fluor Corp.)
Peter J. Fluor, great-grandson of the founder of Irving-based engineering and construction giant Fluor Corp., is retiring from the company’s board of directors marking the last family member to serve as a leader of the firm founded in 1912.
Fluor has served on the company’s board since 1984, including the lead director role from 2003 to 2020. His great-grandfather, John Simon Fluor, expanded the company initially by building oil refineries, pipelines and other energy industry facilities in California, the Middle East and globally. It later diversified into a broad range of projects.
Dallas-based HollyFrontier Corp. is suspending its quarterly dividend payments for a year and tapping its cash reserves to fund a $500 million deal for a.
Dallas marina operator buys superyacht service center for $340 million
It marks the second major acquisition of 2021 for Safe Harbor Marinas.
Dallas-based Safe Harbor Marinas purchased the Lauderdale Marine Center in Fort Lauderdale, Fla., in May 2021 for $340 million.(Courtesy of Safe Harbor Marinas / Safe Harbor Marinas)
11:38 AM on May 4, 2021 CDT
Dallas-based Safe Harbor Marinas is acquiring its second superyacht service center this year with a $340 million deal for Lauderdale Marine Center in Ft. Lauderdale, Fla.
The transaction for the 60-acre service and repair facility closed Monday.
The marine center, founded in 1997, has 106 slips, employs more than 100 workers and houses hundreds of marine industry tenants and contractors.