Deals of the Hour

Trying to find out what's the deal with the world, tracking what's on sale and who's talking about it on Twitter. Update hourly.

Deals of the Hour / July 10, 2010, 7:13 am

Atlanta Hawks sign draft pick

ATLANTA - The Atlanta Hawks have signed first-round draft pick Jordan Crawford. His agent said Friday the 6-foot-4 guard agreed to a four-year deal that will pay him just over $1 million in his rookie season. Crawford ... (Source: Savannah Morning News 2010-07-10T04:18:50Z)

Private Purchase of MultiPlan Marks This Year's Largest LBO

Silver Lake Partners and BC Partners have combined to create one of the year's largest leveraged buyouts, as the two private-equity firms reached an agreement to purchase health care business MultiPlan Inc. in a ... (Source: StreetInsider.com 2010-07-09T19:36:17Z)

Al Ain confirm midfielder Valdivia is not for sale

German club Bayern Munich and Spanish club Villarreal were said to be interested in Jorge Valdivia after the player's performances with Chile in the World Cup. Image Credit: AFP Abu Dhabi: A top official at Al Ain club has confirmed their captain and Chilean midfielder Jorge Valdivia is not for sale ... (Source: Gulf News 2010-07-09T19:36:17Z)

Davis Cup: France lead defending champ Spain 2-0, Croatia and Serbia tied

LONDON (AP) — Spain's two-year grip on the Davis Cup was tenuous after losing both opening singles to France, while Croatia and Serbia were tied 1-1 in their quarterfinal on Friday. Also, the Czech Republic looked set ... (Source: Chicago Tribune 2010-07-09T21:59:27Z)

Kevin Durant calls staying with Thunder a 'great feeling'

THE VILLAGE — Kevin Durant sat in front of dozens of kids on Friday as he talked about his future. Everyone in attendance knew where Durant will be playing the next few years — the same franchise with which he ... (Source: Tulsa World 2010-07-10T12:11:17Z)

Swap was in the works for weeks

W ASHINGTON - The White House began deliberating a spy swap with Moscow nearly a month ago, well ahead of the arrests of 10 Russians in the United States less than two weeks ago, a White House official said yesterday. In talks with Moscow, the United States presented the names of the four people ... (Source: Boston Herald 2010-07-10T12:32:46Z)

BC Partners, Silver Lake buy health cost manager

The private equity firm BC Partners and technology investor Silver Lake said Friday they have agreed to acquire healthcare cost management company MultiPlan Inc. Terms of the deal were not disclosed in a statement from ... (Source: BusinessWeek 2010-07-09T12:33:57Z)

Facebook in Deal to Sell Site Credits in Asia

KUALA LUMPUR, Malaysia (AP) -- Facebook is partnering with a Malaysian company to sell credits at retail outlets across Asia for the first time, aiming to make it easier for millions of people to purchase virtual goods and play games on the social networking site while boosting revenue for ... (Source: Street.Com 2010-07-09T09:13:31Z)

French strategy pays off against Spain

French Davis Cup captain Guy Forget set out to find an indoor stadium on which to lay the fastest court he could find when his team were drawn against Spain in this weekend's quarterfinals. Now the Spanish know why ... (Source: FOXSports.com 2010-07-09T23:03:52Z)

Boozer: Teams can't fear Heat

DEERFIELD, Ill. — Carlos Boozer sees championship potential in Chicago, even without LeBron James. And he insists the Bulls aren't conceding anything. The King's announcement that he's uniting with Dwyane Wade and ... (Source: Huffingtonpost.com 2010-07-10T08:43:42Z)

Official: CIA's Panetta launched spy swap talks

WASHINGTON -- The talks leading to the largest U.S.-Russian spy swap since the Cold War began when CIA director Leon Panetta approached Russia's spy chief with a proposed deal, a U.S. official says. Shortly after the FBI ... (Source: Forbes 2010-07-09T17:56:04Z)

Ndamukong Suh: Man of the World

Ndamukong Suh's (notes) mind has been on a few different sports lately. This week, he's been up at the Nike Campus in Beaverton, Ore., helping to coach the high school players in Nike's 7ON Tournament. On Thursday, Suh helped out with the "Hyper Fuse" team from Denton, Texas, along with Arizona ... (Source: YAHOO! 2010-07-10T09:05:10Z)

Webber returns from crash to top Silverstone practice - Summary

Silverstone, Britain - Mark Webber led the way in Friday practice for the British Formula One Grand Prix, just 12 days after his major crash at the European GP. The Australian Webber clocked 1 minute 31.234 seconds in a Red Bull for the 5.901-kilometres lap. Ferrari driver Ferando Alonso of Spain ... (Source: Earthtimes 2010-07-09T15:11:26Z)

Flyers sign Zherdev to one-year deal

Nikolai Zherdev is back in the National Hockey League. Following one season playing in Russia, the talented young forward agreed Friday to a one-year contract with the Philadelphia Flyers . "Nik is a highly-skilled ... (Source: NHL.com 2010-07-10T10:59:42Z)

Zherdev agrees to 1-year deal with the Flyers

After more than 3 days of negotiations and fact checking, the Flyers finally came to terms with free agent winger Nikolai Zherdev to bring him back to the NHL. Zherdev, 25, inked a 1-year deal worth $2 million. After playing last season in Russia with Atlant Mystishchi, Zherdev reportedly set his ... (Source: Philadelphia Daily News 2010-07-10T13:08:33Z)

Loyalty runs both ways between Durant, Thunder

THE VILLAGE — Like fellow NBA superstar LeBron James the night before, Kevin Durant sat in front of dozens of kids on Friday as he talked about the future of his basketball career. The key difference: Everyone in ... (Source: Norman Transcript 2010-07-10T06:20:32Z)

CIA's Panetta launched spy swap talks

WASHINGTON (AP) — The talks leading to the largest U.S.-Russian spy swap since the Cold War began when CIA Director Leon Panetta approached Russia's spy chief with a proposed deal, a U.S. official says. Shortly after ... (Source: Washington Times 2010-07-09T18:24:42Z)

Lions' Nick Harris needs to recapture old punting form

ALLEN PARK - The entire special teams were in a tailspin for the Detroit Lions last season so there's little wonder that punter Nick Harris suffered right along. Now that the Lions have made a change in the coaching position - replacing Stan Kwan with Danny Crossman - Harris (going into his 10th NFL ... (Source: MLive.com 2010-07-10T10:52:33Z)

Facebook seals deal to sell Web site credits in Asia

"We view this agreement as a major opportunity to broaden the availability of a simple, unified currency that can be used in games and applications across Facebook." — Vaughan Smith, director of business and ... (Source: Taipei Times 2010-07-09T16:15:51Z)

First-round draft pick Jordan Crawford (Detroit CMA) signs with Hawks

ATLANTA — The Hawks have signed first-round draft pick Jordan Crawford (Detroit CMA). His agent said Friday the 6-foot-4 guard agreed to a four-year deal that will pay him just over $1 million in his rookie season. Crawford averaged 20.5 points for Xavier last year. He was drafted 27th overall by ... (Source: Detroit Free Press 2010-07-10T04:11:41Z)

Facebook deal creates virtual 'credits'

KUALA LUMPUR (AFP) – Facebook signed a deal with a Malaysian company on Thursday allowing a virtual currency for online games and services to be sold at retail shops across Asia for the first time. The social ... (Source: YAHOO! 2010-07-08T12:06:30Z)

Silverstone jinx looms again for Jenson Button

SILVERSTONE England (Reuters) - Formula One world champion Jenson Button qualified only 14th for his home British Grand Prix on Saturday after struggling with his McLaren in practice. The 30-year-old Briton has yet to ... (Source: Reuters UK 2010-07-10T13:01:24Z)

NBA Briefs: Bobcats, Thomas agree on $40M deal

CHARLOTTE, N.C. — The Charlotte Bobcats made a long-term commitment to forward Tyrus Thomas on Friday, coming to terms on a five-year, $40 million contract with the restricted free agent. The deal was struck shortly ... (Source: Reporter 2010-07-10T12:18:27Z)

Chargers sign Donald Butler, Cam Thomas to 4-year deals

T he San Diego Chargers have agreed to four-year contracts with third-round draft pick Donald Butler and fifth-rounder Cam Thomas. . . . The Oakland Raiders have agreed to contracts with third-round offensive lineman Jared Veldheer and fourth-rounder Bruce Campbell. The Raiders also released ... (Source: Boston Herald 2010-07-10T13:37:11Z)

UPDATE 1-BC, Silver Lake to buy MultiPlan for $3.1 bln-source

* To buy company from Carlyle, Welsh Carson - source * Deal marks largest secondary buyout of 2010 (Adds detail) By Simon Meads LONDON, July 9 (Reuters) - BC Partners [BCPRT.UL] and Silver Lake [SILAK.UL] are set to buy ... (Source: Reuters 2010-07-09T08:59:12Z)

Vettel picks up where he left off

SILVERSTONE, England, July 9 (Reuters) - Red Bull's Mark Webber made a flying start to his British Grand Prix weekend on Friday with the fastest lap in Friday's free practice at a revamped Silverstone. Back on track less than two weeks after escaping unscathed when his car flew high into the air in ... (Source: The Guardian 2010-07-09T15:11:26Z)

Flyers sign Zherdev to 1-year deal

Days after reports surfaced that free-agent forward Nikolai Zherdev was inching closer to returning to the NHL, the former fourth overall draft pick signed a one-year deal with the Flyers on Friday. Zherdev's signing ... (Source: Philadelphia Daily News 2010-07-10T13:08:33Z)

NBA notes: Durant cites loyalty in deal with Thunder

Like fellow NBA superstar LeBron James the night before, Kevin Durant sat in front of dozens of kids on Friday as he talked about the future of his basketball career. The key difference: Everyone in attendance knew where ... (Source: News-Herald.com 2010-07-10T05:23:16Z)

Hawks sign CMA grad Jordan Crawford

Atlanta -- The Atlanta Hawks have signed first-round draft pick Jordan Crawford. His agent said Friday the 6-foot-4 guard, a graduate of Communication and Media Arts in Detroit, agreed to a four-year deal that will pay ... (Source: Detroit News 2010-07-10T06:06:13Z)

Hawks Ink 1st Round Pick

The Atlanta Hawks have signed first-round draft pick Jordan Crawford. His agent said Friday the 6-foot-4 guard agreed to a four-year deal that will pay him just over $1 million in his rookie season ... (Source: 13 WMAZ 2010-07-10T01:19:53Z)

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