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Sherman, Denison are cast-iron free, says Atmos

As a part of ongoing statewide efforts to modernize and replace aging portions of its pipeline infrastructure, officials with Atmos Energy announced pipelines in the cities of Sherman and Denison are now free of cast-iron piping. While work on the infrastructure throughout the state is expected to continue in 2015, Sherman and Denison have both been declared cast-iron free as of December, said Jennifer Altieri, director of media relations for Atmos.

Storm packs a wallop for local small businesses

The kitchen of Fulbelli’s restaurant in downtown Sherman smelled richly of fresh-chopped garlic Tuesday morning, though every table on the second floor of the Kelly Square building was empty. The restaurant was, in fact, closed for the day, just as it had been the day before.

New Media announces agreement to acquire Stephens Media, LLC for $102.5 million

NEW YORK — New Media Investment Group Inc. announced today that it has reached an agreement to purchase substantially all of the assets of Stephens Media, LLC for $102.5 million in cash, subject to working capital adjustments. New Media intends to fund the acquisition with cash on the balance sheet and available capacity under its credit facility. Stephens Media is a leading newspaper publisher operating eight daily newspapers, including the Herald Democrat, over 65 weekly and niche publications, and more than 50 websites serving communities throughout the United States. The assets have a combined average daily circulation of approximately 221,000 and 244,000 on Sunday.

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Local home-price growth top in the nation

There are 175 different metropolitian areas tracked by the National Association of Realtors, and not one of them outperformed Sherman-Denison’s jump in home prices during the fourth quarter of 2014. The median price of a home in the area leaped more than 21 percent during the final three months of the year, easily besting second and third place Naples, Fla. and Fond du Loc, Wis. with 17 and 16 percent growth, respectively.