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Deals of the Hour / July 1, 2010, 11:12 am

Icahn says he will not extend Lions Gate offer worth $7 per share

NEW YORK, N.Y. - Billionaire activist investor Carl Icahn says he will not extend his offer for Lions Gate Entertainment Corp., worth $7 per share, which expires at the end of the month. Icahn, who has led a battle to ... (Source: Brandon Sun 2010-06-28T21:00:55Z)

Carl Icahn Says He Will Not Extend $7 Per Share Offer For Lions Gate (LGF)

Jun 28, 2010 (SmarTrend News Watch via COMTEX) -- 6/28/2010-Billionaire investor Carl Icahn announced that he will not be extending his $7 per share offer to acquire Lions Gate Entertainment (NYSE:LGF), which is due to ... (Source: TMCnet 2010-06-28T18:52:04Z)

P&G to offer 'designer' diaper

P&G worked with designer Cynthia Rowley on the new Pampers diaper line. Procter and Gamble Co. will be selling Pampers diapers in July that were "designed" by fasion designer Cynthia Rowley. Pampers worked with Rowley to create a Pampers diaper in 11 styles for girls and boys. Styles available ... (Source: Birmingham Business Journal 2010-06-30T16:12:13Z)

China welcomes visit by US defense chief at a time 'appropriate to both sides'

BEIJING (AP) — An official report says the U.S. defense chief would be welcome to visit China at a time "appropriate to both sides." The offer reported Thursday by the official Xinhua News Agency comes just weeks after ... (Source: FOX News 2010-07-01T08:32:54Z)

Starbucks Canada to offer free Wi-Fi

TORONTO - Starbucks will start offering unlimited Internet access in its Canadian and U.S. coffee shops starting July 1. Previously, customers could get two hours of wireless access a day if they had a Starbucks loyalty card. Bell, which is the Internet provider for Starbucks, also let its customers ... (Source: MSN Canada News 2010-06-30T16:05:03Z)

Rangers' money exposed: Owner took $183,000 salary; Ryan $1.5 million

Tom Hicks, the Dallas investor whom Forbes magazine says was worth $1 billion last year, drew an annual salary of $183,504 through May and received another $14,452 in expenses from the Texas Rangers, the American League ... (Source: Dallas Morning News 2010-06-30T16:33:41Z)

Afghan Taliban district chief arrested, NATO says

KABUL, Afghanistan - President Hamid Karzai has signed a decree launching an Afghan program to lure Taliban foot soldiers off the battlefield, as troops continue rounding up mid- to senior-level militant commanders ... (Source: AZCentral.com 2010-07-01T13:33:32Z)

Kagan vows to be unbiased, deferential to Congress

WASHINGTON — Supreme Court nominee Elena Kagan pledged at her Senate confirmation hearing Monday to show the "evenhandedness and impartiality" the Constitution demands if she is confirmed, and to offer proper deference to Congress and the laws it makes. The court must ensure that "our government ... (Source: msnbc.com 2010-06-28T20:53:45Z)

Police seek mischief maker dressed as leprechaun

BOULDER, Colo. (AP) — Police responding to reports of a man leaping between cars in a Colorado supermarket parking lot didn't need a detailed description of the suspect. Boulder Police Sgt. Fred Gerhardt says witnesses on Wednesday reported a man was dressed as a leprechaun and pretending to shoot ... (Source: The Guardian 2010-07-01T13:26:23Z)

Kagan declines to offer ideological direction

WASHINGTON—Supreme Court nominee Elena Kagan is distancing herself from a 15-year-old article in which she says nominees should be more forthcoming about their views during confirmation hearings. Kagan spoke in response to questions from Democratic Sen. Herbert Kohl. She acknowledged that she ... (Source: Denver Post 2010-06-29T14:40:20Z)

Starbucks begins offering free two-click WiFi access in US and Canada

Mmm... nothing like the smell of a warm caramel macchiato in the morning being masked by the smell of fresh greenbacks being burned, right? All jesting aside, we're pretty stoked about the world's most recognized coffee joint turning off the paywall surrounding its in-house WiFi hotspots, and in ... (Source: engadget 2010-07-01T13:12:04Z)

Free-agent buzz: Johnson gets max offer

The Atlanta Hawks offered Joe Johnson a six-year, $119 million contract Thursday morning, and sources close to the All-Star guard expect him to accept the max deal soon. The Hawks moved quickly at midnight ET to try to ... (Source: YAHOO! 2010-07-01T16:18:11Z)

News briefs: Devils re-sign winger Clarkson to multiyear contract

NEWARK, N.J. -- Right wing David Clarkson signed a three-year, $8 million contract with the New Jersey Devils on Wednesday, just two days after the team gave the feisty forward a qualifying offer that prevented him from ... (Source: CBS Sports 2010-07-01T06:45:31Z)

Free-agent buzz: Nets 'intimidate' Knicks

As the New York Knicks and New Jersey Nets battled to sign LeBron James (notes) in formal sit-downs with the free-agent star, a nasty feud unfolded over a bold Nets marketing campaign that targeted the shadows of Madison ... (Source: YAHOO! 2010-07-01T17:15:27Z)

Coburn, Kagan spar on judicial practices

WASHINGTON — Supreme Court nominee Elena Kagan on Wednesday told U.S. Sen. Tom Coburn that he should not want her to act on beliefs she holds on people's rights outside the Constitution and U.S. law. "I think you should want me to act on the basis of law,'' Kagan told the Oklahoma Republican. Her ... (Source: Tulsa World 2010-07-01T07:21:19Z)

China Welcomes Gates Visit At 'appropriate' Time

(AP) BEIJING (AP) - An official report says the U.S. defense chief would be welcome to visit China at a time "appropriate to both sides." The offer reported Thursday by the official Xinhua News Agency comes just weeks after China rejected an offer to visit by U.S. Defense Secretary Robert Gates ... (Source: CBS News 2010-07-01T08:47:13Z)

The Denali Fund Announces Additional Increase in Price and Extension of Time for Cash Tender Offer for Its Outstanding Auction Preferred Shares

BOULDER, Colo.--( BUSINESS WIRE )--The Denali Fund Inc. (NYSE: DNY) announced today that it has amended its cash tender offer for up to 400 of its outstanding Series A auction preferred shares ("APS Shares"). The amended offer increases the purchase price to 85% of the liquidation preference of $25 ... (Source: Business Wire 2010-06-30T07:43:58Z)

NATO says district Afghan Taliban chief arrested

K ABUL, Afghanistan — President Hamid Karzai has signed a decree launching an Afghan program to lure Taliban foot soldiers off the battlefield, as troops continue rounding up mid- to senior-level militant commanders ... (Source: Boston Herald 2010-07-01T13:33:32Z)

Bankrupt Rangers disclose salaries

DALLAS -- Tom Hicks, the Dallas investor who Forbes magazine says was worth $1 billion last year, drew an annual salary of $183,504 through May and received another $14,452 in expenses from the Texas Rangers, which ... (Source: Sacramento Bee 2010-06-30T01:17:25Z)

China: Gates Would Be Welcome to Visit

(BEIJING) — An official report says the U.S. defense chief would be welcome to visit China at a time "appropriate to both sides." The offer reported Thursday by the official Xinhua News Agency comes just weeks after China rejected an offer to visit by U.S. Defense Secretary Robert Gates. Xinhua ... (Source: Time 2010-07-01T09:08:41Z)

Panthers expect to be active

Panthers GM Dale Tallon will be making calls and pitching offers once the free agent market opens at noon ET, but the South-Florida Sun-Sentinel reports he won't be throwing his money away. "We're going to be [active] but I don't know how aggressive we'll be," Tallon told the paper. "We think that ... (Source: The Fourth Period 2010-07-01T14:59:26Z)

Report: Johnson gets $119M Hawks offer

The Atlanta Hawks were prepared to offer free-agent-to-be Joe Johnson a maximum six-year contract when the Hawks and Johnson's representatives met Thursday morning in Los Angeles, league sources told ESPN The Magazine's ... (Source: ESPN.com 2010-07-01T14:02:10Z)

Starbucks to offer free Internet access in Canadian coffee shops starting July 1

Starbucks will start offering unlimited Internet access in its Canadian and U.S. coffee shops starting July 1. Previously, customers could get two hours of wireless access a day if they had a Starbucks loyalty card. Bell, which is the Internet provider for Starbucks, also let its customers get ... (Source: 680 News 2010-07-01T13:33:32Z)

Boulder, Colo. Police: Leaping Leprechaun On Lam

Police responding to reports of a man leaping between cars in a Colorado supermarket parking lot didn't need a detailed description of the suspect. Boulder Police Sgt. Fred Gerhardt says witnesses on Wednesday reported a man was dressed as a leprechaun and pretending to shoot at people with his ... (Source: KPIX 2010-07-01T14:59:26Z)

Owner Tom Hicks drew $183K salary from Rangers in year after team laid off front ...

FORT WORTH, Texas (AP) — Texas Rangers owner Tom Hicks was paid a $183,594 salary from the team over a nearly yearlong span that began about the same time some front-office personnel were laid off, according to filings ... (Source: Los Angeles Times 2010-06-30T22:31:36Z)

June deadliest month yet for U.S., allies in Afghan war

KABUL, Afghanistan - As the Afghan war's bloodiest month for Western forces drew to a close Wednesday, the widening scope and relentless tempo of battlefield casualties pointed to a formidable challenge for U.S. Army Gen ... (Source: AZCentral.com 2010-07-01T06:52:41Z)

Pampers offering designer diapers

Cincinnati -- The great American diaper war is heating up, with Procter & Gamble Co.'s announcement that it is aiming to make disposable diapers fashionable. Popular designer Cynthia Rowley has designed 11 styles of ... (Source: Detroit News 2010-07-01T16:39:39Z)

Procter & Gamble debuts designer diapers

CINCINNATI - The Procter & Gamble Co. is aiming to make disposable diapers fashionable. Popular designer Cynthia Rowley has crafted 11 styles of Pampers, including pastels, stripes, madras and ruffles. P&G said yesterday ... (Source: Philadelphia Daily News 2010-07-01T06:59:50Z)

offer sheet snafu last summer

There's a good chance Dale Tallon is having a case of the Monday's right now. As TSN's Darren Dreger reported late Friday night, Tallon's qualifying offers made to Blackhawks restricted free agents Kris Versteeg (notes) , Cam Barker (notes) , Ben Eager (notes) , Colin Fraser (notes) , Aaron Johnson ... (Source: YAHOO! 2010-06-28T23:59:52Z)

Analyst sees trouble for Lions Gate shares as Icahn's buyout offer expires

NEW YORK (AP) — Shares of Lions Gate Entertainment Corp. are likely to slide without the support of Carl Icahn's offer to buy the movie company, a Jefferies & Co. analyst said Thursday as he cut his rating on the stock. "Absent Icahn's tender offer we see more downside risk to the (company's ... (Source: Chicago Tribune 2010-07-01T12:36:17Z)

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