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 26, 2010, 5:39 pm

Genzyme Shares Rise Most Since 1999 on Reports of Sanofi Takeover Approach

Genzyme Corp. shares increased the most in more than a decade in New York trading on media reports that Paris-based drugmaker Sanofi-Aventis SA made an offer to acquire the company. The shares rose $10.32, or ... (Source: Bloomberg 2010-07-23T18:00:56Z)

Patriots sign 2 second-round picks

FOXBOROUGH, Mass. (AP) — The New England Patriots have signed two of their three second-round draft choices, reaching deals with tight end Rob Gronkowski of Arizona and defensive lineman Jermaine Cunningham of Florida ... (Source: Deseret News 2010-07-26T06:01:33Z)

VW tries to crack midsize market

When the new Volkswagen midsize sedan starts rolling off the assembly line in Chattanooga early next year, the German automaker begins a key test of its plan to quadruple U.S. sales by 2018. The as-yet unnamed ... (Source: Nashville Tennessean 2010-07-25T07:07:10Z)

UPDATE 3-Khazanah poised to trump Fortis on Parkway deal-sources

By Saeed Azhar and Kevin Lim SINGAPORE/NEW DELHI, July 26 (Reuters) - Malaysian state investor Khazanah is poised to trump an offer from India's Fortis Healthcare for Singapore's Parkway in a buyout bid that ... (Source: CNBC 2010-07-26T05:47:14Z)

Raptors sign Kleiza to multiyear deal

TORONTO -- Toronto has signed free agent Linas Kleiza to a multiyear contract. The Raptors acquired the rights to Kleiza nine days ago when the Denver Nuggets opted not to match Toronto's offer sheet. Kleiza ... (Source: ESPN.com 2010-07-26T22:00:46Z)

An Interesting Note on the McCourty Negotiations

The Patriots got 2nd round draft pick Rob Gronkowski under contract yesterday, while linebacker Brandon Spikes is also reportedly getting closer to reaching a deal.  That leaves just first round draft pick Devin ... (Source: PatsFans.com 2010-07-26T16:02:51Z)

Volkswagen Quarterly Earnings To Rise On Sales In China

FRANKFURT -(Dow Jones)- German automaker Volkswagen AG (VOW.XE) on Thursday is expected to report second-quarter net profit jumped to EUR733 million from EUR283 million a year ago, fueled by its large ... (Source: FOXBusiness 2010-07-26T11:52:19Z)

Eagles near deal with safety Allen

The Eagles are closing in on a deal with rookie safety Nate Allen. The second-round pick out of South Florida was nearing an agreement with the Eagles that would get him into training camp without missing ... (Source: Reporter 2010-07-26T08:24:43Z)

Rose Endorses Bulls' Pursuit Of McGrady

Tracy McGrady will work out for the Bulls today , and point guard Derrick Rose supports the idea of signing the free agent small forward. McGrady, a seven-time All-Star who may be asked to accept a bench role, has said ... (Source: Sporting News 2010-07-26T23:48:08Z)

Cleary Reps UK Private Equity Firm In Sale Of Picard

Law360, New York (July 26, 2010) -- U.K. private equity firm BC Partners has agreed to sell French frozen food retailer Picard Surgeles to another U.K. private equity firm, Lion Capital LLP, giving Picard its ... (Source: site.law360.com 2010-07-26T23:40:59Z)

Sentencing set for breast cancer faking that paid off for Chattanooga woman

CHATTANOOGA, Tenn. (AP) — A Chattanooga woman who faked breast cancer for donations, duping City Hall co-workers, support groups and even members of a church, has a plea deal as she goes before a judge to be sentenced ... (Source: WREG 2010-07-25T17:29:56Z)

BC Partners in Picard sale talks

BC Partners, the private equity group, has started exclusive talks with rival Lion Capital to sell Picard Surgelés, the French frozen food company, in a deal that could be valued at up to €1.5bn ($1.9bn ... (Source: Financial Times 2010-07-26T18:47:29Z)

Genzyme weighs Sanofi approach: source

NEW YORK/PHILADELPHIA (Reuters) - Biotechnology company Genzyme Corp (NasdaqGS: GENZ - News ) is weighing an informal takeover approach from France's Sanofi-Aventis (Paris: SASY.PA - News ), but has no current interest ... (Source: Yahoo Finance 2010-07-26T22:36:33Z)

Sentencing set for woman who faked breast cancer

A Chattanooga woman who faked breast cancer for donations, duping City Hall co-workers, support groups and even members of a church, has a plea deal as she goes before a judge to be sentenced Monday. Instead of prison ... (Source: AP - msnbc.com 2010-07-25T17:29:56Z)

Genzyme Rises Most Since Oct. 1999 on Sanofi Buyout Rumor

July 23 (Bloomberg) -- Genzyme Corp. shares increased the most in more than a decade in New York trading on media reports that Paris-based drugmaker Sanofi-Aventis SA made an offer to acquire the company. The ... (Source: BusinessWeek 2010-07-23T17:46:37Z)

Bengals make offer to Terrell Owens

Much like they were in March, the Bengals are in a one-team race Terrell Owens. The Bengals have extended an offer to Owens, which is now the only one on the table after the Rams decided to back out. Owens and ... (Source: Cincinnati.com 2010-07-26T21:32:08Z)

Woman Sentenced To Jail For Faking Breast Cancer

CHATTANOOGA, Tenn. (AP) A Tennessee woman who faked breast cancer to get donations of sick leave, money and support services has been sentenced to jail time. A judge on Monday sentenced 39-year-old Keele (KEE'-lee ... (Source: msnbc.com 2010-07-27T00:09:37Z)

Raptors finalize deal for Kleiza

Linas Kleiza, left, seen during the 2009-10 season, was originally drafted by Portland but was then traded to Denver. (David Zalubowski/Associated Press) The Toronto Raptors have finally landed Lithuanian forward Linas ... (Source: CBC Olympics 2010-07-26T20:20:33Z)

Toronto officially signs Kleiza

The Toronto Raptors have signed forward Linas Kleiza to a multi-year contract. Per team policy, no details of the deal were announced. The Raptors had signed Kleiza to an offer sheet that was not matched by ... (Source: Kansas City Star 2010-07-26T20:20:33Z)

McGrady works out for Bulls in search of deal

NBA veteran Tracy McGrady worked out for the Chicago Bulls on Monday, the two-time scoring champion hopeful of landing a free agent deal with the club. McGrady, a seven-time NBA All-Star, underwent microfracture surgery ... (Source: Raw Story 2010-07-26T20:06:14Z)

McGrady hoping to join Bulls

Seven-time All-Star Tracy McGrady worked out for the Chicago Bulls on Monday with hopes of landing with the team he turned down a decade earlier. McGrady could be a low-risk addition for a reconfigured team coming off ... (Source: Salt Lake Tribune 2010-07-26T23:26:40Z)

Khazanah poised to trump Fortis on Parkway deal

SINGAPORE/NEW DELHI (Reuters) - Malaysian state investor Khazanah is poised to trump an offer from India's Fortis Healthcare ( FOHE.BO ) for Singapore's Parkway ( PARM.SI ) in a buyout bid that values Asia's ... (Source: Reuters 2010-07-26T08:17:34Z)

Lion Capital buys Picard

BC Partners has agreed to sell French frozen-food firm Picard Surgeles to rival Lion Capital, highlighting the keen appetite of private equity firms to strike deals in the recession-resilient food industry. The sale of ... (Source: Stuff 2010-07-26T20:56:20Z)

Patriots agree on Rob Gronkowski deal

T he Patriots [ team stats ] want to be more proficient scoring in the red zone, and one of the potential keys to making that happen this season, rookie tight end Rob Gronkowski, came to terms on a deal yesterday ... (Source: Boston Herald 2010-07-26T09:07:40Z)

Eagles' second-round pick Allen could be close to signing deal

The Eagles are closing in on a deal with rookie safety Nate Allen. The second-round pick out of South Florida was nearing an agreement with the Eagles that would get him into training camp without missing ... (Source: Delaware County Daily Times 2010-07-26T17:35:54Z)

Bengals serious about signing Terrell Owens

CINCINNATI – Bengals owner Mike Brown and Bengals coach Marvin Lewis haven't always agreed when personnel issues arise. Brown fancies himself a redeemer – which is why the Bengals always seem to bring in players of ... (Source: CBS Sports 2010-07-26T23:19:30Z)

Birds close in on signing draft pick

The Eagles are closing in on a deal with rookie safety Nate Allen. The second-round pick out of South Florida was nearing an agreement with the Eagles that would get him into training camp without missing ... (Source: Daily Local News 2010-07-26T10:40:44Z)

Khazanah Outbids Fortis In $2.6B Hospital Chain Offer

Law360, New York (July 26, 2010) -- Malaysian state investor Khazanah Nasional Berhad has out-bid Fortis Healthcare Ltd. in a battle for Parkway Holdings Ltd., offering SG$3.5 billion ($2.6 billion) for the Singapore ... (Source: site.law360.com 2010-07-26T23:40:59Z)

VW plant to offer parking lot recharging stations

CHATTANOOGA - While Volkswagen AG powers up its electric vehicle efforts, the German automaker has plans for plug-in recharging stations in the parking lot of its Chattanooga plant. VW Chairman Martin ... (Source: Knoxville News Sentinel 2010-07-22T04:11:46Z)

Bengals Want Terrell Owens to Join Chad Ochocinco in Ultimate Reality TV-Star, Wide ...

CINCINNATI -- Bengals owner Mike Brown is trying to produce his own reality show. Terrell Owens . Chad Ochocinco . Together in Cincinnati. Brown said on Monday that the team has discussed a contract with Owens ... (Source: NESN.com 2010-07-26T23:33:49Z)

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