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 12, 2010, 7:14 pm

Banco Santander continues global expansion drive

Banco Santander (NYSE:STD) has announced another successful acquisition. News this morning is that Sweden's SEB AB says it is selling its German retail banking business to Banco Santander of Spain in a deal worth $702 ... (Source: Economy News 2010-07-12T11:04:29Z)

Erin Andrews Signs New Multi-Year Deal With ESPN One of America's Most Popular ...

LOS ANGELES, CA -- (Marketwire) -- 07/12/10 -- Erin Andrews, one of the most recognized and respected faces on the sidelines of college sports, has signed a new multi-year deal with ESPN. In addition to her highly ... (Source: PR Inside 2010-07-12T15:36:30Z)

Ben Wallace set to sign 2-year deal with Pistons

Ben Wallace says he'll sign a two-year contract soon with the Detroit Pistons. Wallace told The Associated Press on Sunday he heard from a lot of teams, but agreed to a two-year deal about a week ago because he wants to ... (Source: San Francisco Gate 2010-07-11T20:24:01Z)

ESPN's College GameDay expands to three hours

It was inevitable. Eventually, someone at ESPN figured out that college football fans wanted more College GameDay . Well, that's what someone higher up must have thought because the World Wide Leader In Sports ... (Source: Orlando Sentinel (blog) 2010-07-13T01:44:57Z)

Consultant Hewitt Associates is bought by Aon for $4.9 billion

CHICAGO (AP) — Insurance conglomerate Aon said Monday it has agreed to buy human resources specialist Hewitt Associates for $4.9 billion in a cash-and-stock deal that would nearly triple the size of its consulting ... (Source: USA Today 2010-07-12T19:47:03Z)

Cowen Group names Michael Costa head of M&A

Cowen Group Inc. on Monday named a former Merrill Lynch executive as its new head of mergers and acquisitions. Michael R. Costa, a one-time managing director at Merrill Lynch, was also given the title vice chairman of ... (Source: AP - msnbc.com 2010-07-12T21:27:16Z)

Wallace says he'll re-sign with Pistons

DETROIT - Ben Wallace left the Detroit Pistons once. He doesn't plan to do it again. The former Defensive Player of the Year told the Associated Press on Sunday he heard from a lot of teams but agreed to a two-year deal ... (Source: Minneapolis Star Tribune 2010-07-12T01:10:21Z)

Cowen Group Hires a Top Banker in Media Deals

The Cowen Group , an investment bank, plans to announce on Monday that it has hired Michael R. Costa, a media and telecommunications banker, as the head of its mergers and acquisitions group and vice chairman of ... (Source: New York Times Blogs 2010-07-12T09:17:07Z)

LeBron James and Chris Bosh Are Gone, What Is Every NBA Team Looking For

The air appears to have come out of the NBA's free-agent balloon now that LeBron James and Chris Bosh are off the market. However, there is still a great amount of work to do for every team in the league—including the ... (Source: Bleacherreport.com 2010-07-12T19:11:15Z)

Santander To Buy SEB German Unit For $699 Million

LONDON -- Swedish bank SEB said Monday that it is selling its German retail banking business to Spain's Santander for 555 million euros ($699 million) in a deal that will strengthen its return on equity and boost its ... (Source: FOXBusiness 2010-07-12T07:01:06Z)

Rams wants break-out NFL year sign NFL star Atogwe to multi-year deal

In an effort to avoid a bad year in the next National Football League season the St. Louis Rams has signed veteran NFL safety Oshiomogho Atogwe to a lucrative five-year contract. Atogwe an unrestricted free agent was ... (Source: Realfootball365.com 2010-07-12T19:18:25Z)

Aon agrees to buy Hewitt Associates for $4.9 billion

Insurance conglomerate Aon said Monday that it has agreed to buy human resources specialist Hewitt Associates for $4.9 billion in a cash-and-stock deal that would nearly triple the size of its consulting business. The ... (Source: USA Today 2010-07-13T01:23:29Z)

Just Imagine: The All-NFL Rugby Team

With the World Cup behind us, so are the lamentations of commentators that simply don't understand why soccer isn't more popular in the United States—for now at least. Their gripe is understandable. Soccer is a truly ... (Source: Bleacherreport.com 2010-07-13T00:54:51Z)

Raiders sign rookie Walter McFadden

ALAMEDA, Calif.—The Oakland Raiders have signed rookie cornerback Walter McFadden to a contract. The team announced the deal with its fifth-round pick on Monday. McFadden is the third of Oakland's nine draft picks to ... (Source: San Jose Mercury News 2010-07-12T21:34:25Z)

UPDATE 1-Santander to buy SEB's German retail banking unit

* To pay 555 million euros for division * Deal steps up Santander's German exposure * Santander says deal reduces core capital by 10 basis points (Updates with background) MADRID, July 12 (Reuters) - Spain's largest bank ... (Source: Reuters UK 2010-07-12T08:19:51Z)

Couche-Tard extends tender offer deadline for Casey's 1 month; so far has 19.2 pct ...

CHICAGO (AP) — Canada's Alimentation Couche-Tard said Monday that it was extending its tender offer deadline by nearly a month as it continues to mount a $1.9 billion takeover of Casey's General Stores Inc. The ... (Source: Los Angeles Times 2010-07-12T19:04:06Z)

Wallace set to sign 2-year deal with Pistons

DETROIT (AP) — Ben Wallace left the Detroit Pistons once. He doesn't plan to do it again. The former Defensive Player of the Year told The Associated Press on Sunday he heard from a lot of teams, but agreed to a two ... (Source: Mining Journal 2010-07-12T12:44:42Z)

Erin Andrews Signs New Multi-Year Deal With ESPN

LOS ANGELES, CA, Jul 12, 2010 (MARKETWIRE via COMTEX) -- Erin Andrews, one of the most recognized and respected faces on the sidelines of college sports, has signed a new multi-year deal with ESPN. In addition to her ... (Source: Marketwatch 2010-07-12T15:29:21Z)

Nets, Farmar agree in principle to 3-year, $12 million deal

The Nets couldn't get some of the best players in free agency, but they took one from the best team. Former Lakers backup point guard Jordan Farmar agreed in principle Sunday to join the Nets. Farmar will get $12 ... (Source: NorthJersey.com 2010-07-12T06:11:00Z)

Blackstone To Manage BoA Asia Property Fund

NEW YORK/SINGAPORE (Reuters) - Blackstone Group (BX.N) will manage a $2-billion-plus Asian real estate fund of Bank of America-Merrill Lynch, in a deal that will close in the third quarter, sources familiar with the ... (Source: Private Equity Hub 2010-07-12T10:50:10Z)

Raiders sign fifth-round draft pick

ALAMEDA - The Raiders have signed rookie cornerback Walter McFadden to a contract. The team announced the deal with its fifth-round pick Monday. McFadden is the third of Oakland's nine draft picks to sign a contract. The ... (Source: Sacramento Bee 2010-07-12T21:48:44Z)

Cowen Group names former Merrill Lynch exec Michael Costa head of mergers and ...

NEW YORK (AP) — Cowen Group Inc. on Monday named a former Merrill Lynch executive as its new head of mergers and acquisitions. Michael R. Costa, a one-time managing director at Merrill Lynch, was also given the title ... (Source: Chicago Tribune 2010-07-12T21:27:16Z)

Blackstone to manage BofA's Asia property fund: sources

NEW YORK/SINGAPORE (Reuters) - Blackstone Group will manage a $2-billion-plus Asian real estate fund of Bank of America-Merrill Lynch, in a deal that will close in the third quarter, sources familiar with the situation ... (Source: Town Hall 2010-07-12T15:36:30Z)

2010 NBA Off-Season: Bucks, Suns, Nets, and Clippers, Cashing In Quietly?

With the 2010 NBA off-season approaching a month in, their has been much information that has been hard to fully grasp thus far. Whether it was through the draft, and the gems that teams have picked up. Or the whopping ... (Source: Bleacherreport.com 2010-07-12T14:17:46Z)

Raiders sign former Auburn star Walter McFadden, still waiting to ink Tide's Rolando ...

ALAMEDA, Calif. -- The Oakland Raiders have signed rookie cornerback Walter McFadden to a contract. The team announced the deal with its fifth-round pick on Monday. McFadden is the third of Oakland's nine draft picks to ... (Source: Everything Alabama Blog 2010-07-12T22:03:03Z)

Aon to acquire Hewitt for $4.9 billion in cash and stock, strengthening role in HR ...

CHICAGO (AP) — Insurance conglomerate Aon Corp. said Monday it has agreed to buy human resources specialist Hewitt Associates for $4.9 billion in a cash-and-stock deal that would nearly triple the size of its ... (Source: Orlando Sentinel 2010-07-12T17:02:24Z)

Age rankings for every NFL team

Rookie free agents and other young prospects drag down age stats for NFL teams this time of year. The relative averages are more relevant than the averages themselves. The chart shows where NFL teams ranked in average ... (Source: ESPN.com 2010-07-12T20:15:41Z)

Update: Alimentation Couche-Tard Extends Offer for Casey's General

LAVAL, Quebec -- The previously announced tender offer by an Alimentation Couche-Tard Inc. subsidiary to acquire all of the outstanding shares of common stock of Casey's General Stores Inc. was extended this morning, and ... (Source: CSNews Online 2010-07-12T17:59:40Z)

Couche-Tard extends offer deadline for Casey's

(AP) CHICAGO - Canada's Alimentation Couche-Tard said Monday that it was extending its tender offer deadline by nearly a month as it continues to mount a $1.9 billion takeover of Casey's General Stores Inc. The ... (Source: KSTP 2010-07-12T19:39:53Z)

Blackstone Said to Manage BofA Fund

The Blackstone Group is taking over the management of the more than $2 billion Bank of America - Merrill Lynch Asian real estate fund, in a deal that will close in the third quarter, according to press reports. Merrill ... (Source: New York Times Blogs 2010-07-12T22:38:50Z)

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