💼Presidio, Olympus, Cantex in major moves; Disney, ESPN in deal with NFL Network; Google cameras got fined for this video.

Fort Worth-based Presidio Investment Holdings, an oil and gas operator focused on the optimization of mature, producing oil and natural gas assets in the U.S., and EQV Ventures Acquisition Corp., a special purpose acquisition company, have entered into a definitive business combination agreement. Presidio is expected to become a publicly listed company under the ticker “FTW." The combined company reports an estimated post-transaction enterprise value of approximately $660 million.

Disney-owned ESPN is reporting it has reached a non-binding agreement with the NFL under which ESPN will acquire NFL Network and other media assets — including the NFL’s RedZone Channel and NFL Fantasy — in exchange for a 10% equity stake in ESPN.

Governor Greg Abbott ordered the arrest of Democrats who vacated the special session and the state. Attorney General Paxton asked the courts to vacate their seats.

U.S. Air Force Col. Abel Ramos assumed command of the 301st Fighter Wing during a ceremony at the Naval Air Station Joint Reserve Base in Fort Worth. The transition comes at a pivotal moment in the wing’s history as it continues its move to the F-35A Lightning II, one of the Air Force’s most advanced multi-role fighter platforms.

Fort Worth-based Cantex, a manufacturer of PVC electrical products, plans to invest $120 million for a manufacturing facility in Nashville, AR. The move is expected to create 110 jobs, according to Cantex President Dave Meeker.

Fort Worth-based Olympus Property, with a portfolio of more than $8.5 billion, has expanded into the Miami market with the acquisition of Fifteen, a new 132-unit luxury apartment community located in the Health District—one of the largest medical hubs in the country.

Arlington-based REV Entertainment has partnered with Bryan, Texas to explore a long-term redevelopment plan for Travis Major Field, Travis Bryan Midtown Park, and the surrounding area. During the six-month agreement, REV will conduct a feasibility study to assess Travis Major Field's viability as a catalyst in Bryan’s expanding sports and event tourism economy.

Morton Herbert Meyerson, 87, who held positions in the Ross Perot-founded Electronic Data Systems, Perot Systems and General Motors, has died. He paid $10 million for naming rights to the Morton H. Meyerson Symphony Center in Dallas. 

TCU has launched TCU for Texans, an initiative that helps to remove financial barriers to attendance by providing tuition, as well as assistance for food and housing, for qualifying Texas students. Beginning with the Fall 2026 class, TCU for Texans will be available to incoming first-year students from Texas whose families earn $70,000 or less in adjusted gross income and meet other eligibility criteria through the financial aid application process.

Two residents sue to remove Tarrant County District Clerk Tom Wilder after complaints about his handling of files. 

Jim Hawk Truck Trailers will open its first of five planned Texas locations in Fort Worth Sept. 1. Founded in 1972 by James V. Hawk in Council Bluffs, IA., Jim Hawk Truck Trailers offers over-the-road trailers, spotter trucks, parts, rentals and service. The Fort Worth location is 1428 Riverside Drive. 

Elbit America, with Fort Worth as its U.S. headquarters, was named one of America’s Greatest Workplaces in Manufacturing 2025 by Newsweek and Plant-A Insights Group. 

Lewisville-based MCS, a national property services company founded nearly 40 years ago, has acquired Tarrant County-based property preservation company MSI. 

Healthcare provider CorVel Corporation, headquartered in Fort Worth, had quarterly revenue of $235 million, an increase from $212 million a year ago. Earnings per share were $0.52, compared to $0.42 in 2024. 

PrideStaff, a franchise staffing company, has opened at 6777 Camp Bowie Blvd. in Fort Worth. The Owner/Strategic-Partner is Clay Van Dyke. The office will focus on light industrial, administrative and clerical staffing.

Texas lawmakers are making another push to get rid of the STAAR test — a plan that died during the regular legislative session this year. The alternative is to introduce three shorter tests during the school year, with results delivered within 48 hours.

Tarrant County has decided to close its rental assistance agency and instead will partner with outside organizations. It also has chosen to cut its twice-monthly meetings to one. 

Believe it or not: Google was fined after its Street View cameras uploaded images of an Argentine man naked in his yard.

Daily digit: 1,025 feet = Height of Waterline, the tallest building in Texas, a joint venture between Lincoln Property Co. and Kairoi Residential. The new mixed-use Austin tower has 74 stories and is 23 feet taller than the JPMorgan Chase Tower in Houston, which had been the tallest building since 1981.

Significant stat: 700 million = Number of weekly average users that OpenAI, the artificial intelligence company backed by Microsoft and SoftBank Group, is on track to reach this week. That’s up from 500 million at the end of March and 4 times since last year.

Snippets:

• CEO Elon Musk received 96 million shares -- approximately $29 billion -- from Tesla's board to stay focused.

• DIRECTV discovers untapped value in "pause ads".

Announcements:

• Red Sage Innovation: Launched by Cameron Cushman.

• DEC Network: Adds Cameron Cushman to its Board. 

• Trinity Valley School: Hires Amy Adkins as Chief Advancement Officer.

• Higginbotham: Promotes Priscilla Miller to Director of Community Relations.

• New York Stock Exchange Texas: Appoints Bryan Daniel, chairman of the Texas Workforce Commission, as its President.

• YMCA of Metropolitan Fort Worth: Hires Grace Lewis as Corporate Membership Sales Director.

• American Heart Association: The 2025–26 Tarrant County board officers are Sam Kang, Board Chairman, Charles Schwab; Tyler Bloomer, Board President, Texas Health; Jaimeson Smith, Chair-elect, Creative Planning Solutions; Jainy Savla, President-elect, Texas Health; Michael Klein, Leadership Development Chair, D1 Training; Karen Thornton, Community Impact Chair, TPG; Hatice Dalton, Nation of Lifesavers co-Chair; Deloitte; Matt Zavadsky, Nation of Lifesavers co-Chair, PWW | AG.

• Transwestern: Adds Collin Fitzgerald as a Research Manager. 

• MYCON: Names Ivy Pennington Senior Vice President for People and Culture.

• Grace Innovations: Launched by Kevin Grace.

• FranFund: Hires Jessica Cung as Executive Assistant to the CEO.

• Paceline Equity Partners: Names Carol DeBellis Finance Operations Manager.

• mForce Capital: Adds Fossil Rock Private Wealth and Larry Milton to its family.

• Pond, Robinson & Associates: Appoints Justin M. Lia President.

• Eosera: Appoints Shilpi Jain as Senior Director of Innovation.

• Crafted for You Catering & Events: Name change-formerly City Kitchen.

• REVSTRONG: Name change-formerly REVFIT. Launches franchise opportunities. 

• Neighborhood Pet Health Center: Adds veterinarian Dr. Mary King.

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