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 6, 2010, 3:13 pm

P&G's closes Ambi Pur deal

CINCINNATI (AP) - The Procter & Gamble Co. has completed its $470 million acquisition of air freshener business Ambi Pur from Sara Lee Corp. The deal, first announced in December, complements P&G's Febreze line of ... (Source: WTOL-TV 2010-07-06T14:10:34Z)

LeBron James is late arrival at basketball camp

AKRON, Ohio -- The LeBronathon drags on. Still keeping his plans a closely guarded secret, LeBron James arrived at his summer camp Tuesday more than four hours after he was scheduled to appear. His tardiness only renewed speculation about where the NBA's marquee free agent will continue his career ... (Source: Forbes 2010-07-06T21:05:44Z)

The home of the Canucks is now called Rogers Arena

Rogers Communications will take over the naming rights to the arena formerly known as GM Place, home of the NHL's Vancouver Canucks. The Toronto-based conglomerate will take over the role from General Motors, and the ... (Source: The Province 2010-07-06T21:48:41Z)

Moguls' Sun Valley Summer Camp to Focus on Web, Not Mega-Deals

July 6 (Bloomberg) -- Media moguls at Allen & Co.'s annual conference, usually on the prowl for the next big deal, are paying more attention to small screens as they confront rapidly shifting consumer tastes. With more customers catching a TV show on a mobile phone or tablet computer, officials ... (Source: BusinessWeek 2010-07-06T04:09:16Z)

Magic reach deal with former Knicks PG Chris Duhon

O RLANDO, Fla. — The agent for Chris Duhon says the point guard has reached an agreement with the Orlando Magic for a $15 million, four-year deal. Agent Kevin Bradbury told The Associated Press on Tuesday the chance to play for a championship contender was enough to sway Duhon to the Magic. Duhon ... (Source: Boston Herald 2010-07-06T17:16:41Z)

Oilers sign top pick to three-year deal

The Edmonton Oilers have signed top overall draft pick Taylor Hall to a three-year, entry-level contract. Hall's deal includes the maximum base salary of $900,000 per season and bonuses that max out at $3.75 million ... (Source: Columbia Daily Tribune 2010-07-06T20:37:06Z)

Bankruptcy judge orders Texas Rangers' creditors, MLB to give each other documents in case

DALLAS (AP) — Major League Baseball and the Texas Rangers ' creditors, who are trying to block the team's sale, must hand over documents about actions and conversations that took place before the club filed for ... (Source: Chicago Tribune 2010-06-29T00:07:02Z)

Report: LeBron delays decision

Brian Windhorst of the Cleveland Plain Dealer is reporting that LeBron James, according to Windhorst's sources, will not announce his decision about where he's playing next season until Thursday at the earliest ... after his Nike basketball camp this week is over. Which makes total sense ... (Source: ESPN.com 2010-07-03T23:53:56Z)

GM Place to be renamed Rogers Arena as Canucks sign new sponsorship deal

VANCOUVER - The Vancouver Canucks will play at Rogers Arena next season. The team has signed a new naming rights agreement with the communications giant. The rink had been known as GM Place since it opened in 1995 but the agreement between the Canucks and General Motors of Canada has expired ... (Source: The Hockey News 2010-07-06T21:12:54Z)

Canadiens deal Sergei Kostitsyn to Predators

MONTREAL -- Sergei Kostitsyn's tumultuous stint with the Montreal Canadiens ended when the forward was traded to the Nashville Predators. The Canadiens are getting forward Dustin Boyd, goalie Dan Ellis and future ... (Source: The Sun News 2010-06-29T22:32:47Z)

Hamilton, Lee honored as AL's best in June

For the month of June, Cliff Lee dazzled in Mariners' blue. His work earned him the American League's Pitcher of the Month Award on Tuesday, joining the Rangers' Josh Hamilton, who was named the league's Player of the Month. Both were named to the AL All-Star roster on Sunday, and both have been ... (Source: Seattle Mariners 2010-07-06T21:20:03Z)

GM Place renamed Rogers Arena

The home of the Vancouver Canucks will be called Rogers Arena, the team has announced. Canadian telecommunications and cable giant Rogers Communications Inc. finalized the 10-year deal to buy the naming rights to the ... (Source: CBC Olympics 2010-07-06T21:20:03Z)

Media, technology executives head to Idaho mountains for exclusive Allen & Co. conference

SUN VALLEY, IDAHO — Fresh off a long holiday weekend, many of the world's most influential media and technology executives are expected to arrive Tuesday at a posh resort to ponder new idea, possible deals and have a little fun, too. The five-day gathering in the Idaho mountains has been an annual ... (Source: Washington Examiner 2010-07-06T18:49:44Z)

Moguls' Sun Valley summer camp to focus on web, not mega-deals

edia moguls at Allen & Co.'s annual conference, usually on the prowl for the next big deal, are paying more attention to small screens as they confront rapidly shifting consumer tastes. With more customers catching a TV show on a mobile phone or tablet computer, officials and analysts say Rupert ... (Source: Daily Business Review 2010-07-06T15:00:40Z)

Procter & Gamble Completes Acquisition of Ambi Pur

(AP) The Procter & Gamble Co., said it has completed its $470 million acquisition of Ambi Pur, an air freshener business, from Sara Lee Corp. The deal, first announced in December, complement's P&G's Febreze line of deodorizers. It was subject to regulatory review and work councils consultations in ... (Source: ABC News 2010-07-06T19:54:10Z)

Lincoln Park Savings drew heavy interest in FDIC sale

(Crain's) — Five other banks vied with ultimate winner Wintrust Financial Corp. for the purchase of failed Lincoln Park Savings Bank from the Federal Deposit Insurance Corp. in April. The identity of the bidders for Lincoln Park was just released by the FDIC. The other publicly traded lenders to ... (Source: Crain's Chicago Business 2010-07-06T19:25:32Z)

P&G Completes Buy from Sara Lee

Procter & Gamble Company (NYSE: PG - News ), a manufacturer of consumer goods, has completed its acquisition of the Ambi Pur brand from Sara Lee Corporation (NYSE: SLE - News ) for €320 million (about $470 million). Procter & Gamble will pay about 12% of the total consideration into escrow account ... (Source: Yahoo Finance 2010-07-06T18:56:54Z)

Texas Rangers agree to hold auction for team sale

FORT WORTH, Texas -- The Texas Rangers plan to hold an auction next week for the team's sale in hopes of getting the bankruptcy plan approved, according to a court motion filed Monday. The team, which had a pending sale ... (Source: Forbes 2010-07-06T15:07:50Z)

NHL free agency: Defensemen fly off the market on Day 1

NEW YORK -- It was a great day to be a free agent defenseman in the NHL. Once they started at 12:01 p.m. ET, they didn't stop for the greater part of the day. Forget long-term negotiations, these hockey deals got done ... (Source: Sporting News 2010-07-02T06:58:39Z)

Kovalchuk deal still up in the air

The wait to see where Ilya Kovalchuk (notes) lands has continued into Tuesday, after an apparently imminent decision on his future didn't materialize on Monday. Kovalchuk's agent, Jay Grossman, said on his Twitter ... (Source: YAHOO! 2010-07-06T18:42:35Z)

Blues Sign Jaroslav Halak to Four-Year Contract

ST. LOUIS (AP) - The St. Louis Blues have signed goaltender Jaroslav Halak to a four-year contract. Terms of the deal announced Tuesday were not disclosed. The 25-year-old Halak was acquired from Montreal on June 17 in a ... (Source: KOLO TV Reno 2010-07-06T21:41:32Z)

3UP: The Cliff Lee Edition

In today's Post I wrote this column on why the cost for Cliff Lee should be high and why the Mets and Yankees should be willing to pay that price. Today I want to deal with 3UP items that bother me when it comes to ... (Source: New York Post 2010-06-30T15:36:25Z)

Duhon headed to Orlando

The Orlando Magic have reportedly agreed to terms with point guard Chris Duhon. According to the Sporting News, Duhon will sign a four-year deal worth $15 million to back up Jameer Nelson. The Calgary Flames welcomed back free agent forward Alex Tanguay on a one-year deal Thursday. Tanguay posted 10 ... (Source: The Sun News 2010-07-06T15:00:40Z)

P&G Completes Buy from Sara Lee

Procter & Gamble Company ( PG - Analyst Report ), a manufacturer of consumer goods, has completed its acquisition of the Ambi Pur brand from Sara Lee Corporation ( SLE - Analyst Report ) for €320 million (about $470 million). Procter & Gamble will pay about 12% of the total consideration into ... (Source: Zacks.com 2010-07-06T20:37:06Z)

Texas Rangers agree to hold auction for team sale; Nolan Ryan's group says its bid ...

FORT WORTH, TEXAS — The Texas Rangers plan to hold an auction next week for the team's sale in hopes of getting the bankruptcy plan approved, according to a court motion filed Monday. The team, which had a pending sale ... (Source: Washington Examiner 2010-07-06T15:00:40Z)

Short Hops: Mariners' Lee will be courted like LeBron this summer

Short hops, quick pops and backhand stops: • The Minnesota Twins could package one of their top young prospects, catcher Wilson Ramos , in a deal for Cliff Lee -- and probably will have to in order to get a deal done ... (Source: CBS Sports 2010-07-01T22:59:03Z)

Blues, Halak agree to 4-year deal

ST. LOUIS—The St. Louis Blues have signed goaltender Jaroslav Halak to a four-year contract. Terms of the deal announced Tuesday were not disclosed. The 25-year-old Halak was acquired from Montreal on June 17 in a surprising trade after his stunning performance in the playoffs. He was 26-13-5 for ... (Source: San Jose Mercury News 2010-07-06T20:08:29Z)

Magic, PG Duhon agree to 4 years, $15M (AP)

The Orlando Magic tried to sign Chris Duhon in free agency two years ago only to watch him go to New York. They finally got their man Tuesday. Duhon reached an agreement with the Magic for a $15 million, four-year deal, his agent said. Teams can't officially sign free agents until Thursday. Agent ... (Source: Bayou Buzz 2010-07-06T17:23:50Z)

Procter & Gamble Expands Household Products Reach With Ambi Pur Deal

Procter & Gamble Company ( PG ), a manufacturer of consumer goods, has completed its acquisition of the Ambi Pur brand from Sara Lee Corporation ( SLE ) for €320 million (about $470 million). Procter & Gamble will pay about 12% of the total consideration into escrow account pending deferred ... (Source: Seekingalpha.com 2010-07-06T21:27:13Z)

Proctor And Gamble Closes Ambi Pur Deal

CINCINNATI, Ohio -- The Procter & Gamble Co. has completed its $470 million acquisition of air freshener business Ambi Pur from Sara Lee Corp. The deal, first announced in December, complements P&G's Febreze line of ... (Source: WHIO TV 2010-07-06T14:39:12Z)

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