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 / August 17, 2010, 2:40 pm

Toms River ousts Council Rock Newtown

BRISTOL, Conn. - Council Rock Newtown was in a groove early. Pennsylvania's Little League champions came out with the type of offensive production that allowed them to trample five opponents to reach the Mid ... (Source: Philadelphia Daily News 2010-08-17T02:15:02Z)

Westbrook signs with 49ers

SANTA CLARA, Calif. -- The San Francisco 49ers have signed free-agent running back Brian Westbrook to a one-year deal, giving Westbrook the second chance he's been seeking. Westbrook has been looking to find a ... (Source: Delaware Online 2010-08-17T19:11:30Z)

Aviva: Offer from RSA Group would not benefit shareholders

London, England — Insurer Aviva PLC said Monday it rejected a $7.8 billion cash offer from rival RSA Insurance Group PLC for some of its general insurance businesses because the deal wasn't in the best ... (Source: Des Moines Register 2010-08-17T10:50:26Z)

Interest rates drop at Treasury auction

WASHINGTON — Interest rates on short-term Treasury bills fell in Monday's auction to the lowest levels since late June. The Treasury Department auctioned $30 billion in three-month bills at a discount rate ... (Source: Pioneer Press 2010-08-10T05:00:49Z)

Aviva rejects $7.8 billion proposal from RSA for insurance units

LONDON (AP) — Insurer Aviva PLC said Monday it rejected a 5 billion pound ($7.8 billion) cash offer from rival RSA Insurance Group PLC for some of its general insurance businesses because the deal wasn't in ... (Source: Los Angeles Times 2010-08-16T12:03:12Z)

China bank IPO the world's largest first-time share sale

Agricultural Bank of China Ltd. boosted the size of its initial public offering to $22.1 billion after selling more stock in Shanghai, making it the world's largest first-time share sale. China's biggest ... (Source: Denver Post 2010-08-17T06:54:12Z)

Last year's champions recognized

SAN BERNARDINO - The 2009 Little League West Region champions - and Little League world champions - from Park View Little League in Chula Vista were recognized on the field before Sunday's championship game at ... (Source: Inland Valley Daily Bulletin 2010-08-16T04:32:13Z)

US Congress letter stirs 'net neutrality' debate

Four members of Congress have bashed a "net neutrality" proposal made by Google and Verizon, calling on US regulators to find their own way to insure all data is treated equally online. "Rather than expansion ... (Source: Raw Story 2010-08-17T20:30:15Z)

Medco Health Buying United BioSource for $730 Million

Medco Health Solutions Inc. (NYSE: MHS) has agreed to acquire United BioSource , a Bethesda, Md.-based scientific and medical affairs organization. The all-cash deal is valued at around $730 million. United BioSource has ... (Source: Private Equity Hub 2010-08-16T13:50:34Z)

Hefty Trash Bag Maker Pactiv (PTV) Acquired In $6 Billion Deal

Pactiv Corp. (NYSE: PTV ), the maker of Hefty brand trash bags, said Tuesday that it has agreed to be acquired by Reynolds Group Holdings Ltd. in a deal worth roughly $4.4 billion, or around $6 billion including debt ... (Source: StreetInsider.com 2010-08-17T15:58:14Z)

Interest rates head lower at weekly Treasury auction

Interest rates on short-term Treasury bills fell in Monday's auction to their lowest since late June. The Treasury Department auctioned $30 billion in three-month bills at a discount rate of 0.150 percent ... (Source: Tulsa World 2010-08-10T10:37:15Z)

Purdy: 49ers' signing of Brian Westbrook is well-grounded

The 49ers are going for it. In six words, that sums up the Brian Westbrook deal. Last week, the 49ers lost backup running back Glen Coffee when he suddenly retired, citing his religious beliefs. But in ... (Source: Inside Bay Area 2010-08-17T14:32:20Z)

Rates on three-month and six-month Treasury bills fall to lowest level since late June

WASHINGTON (AP) — Interest rates on short-term Treasury bills fell in Monday's auction to the lowest levels since late June. The Treasury Department auctioned $30 billion in three-month bills at a discount ... (Source: Orlando Sentinel 2010-08-09T19:06:41Z)

House Democrats Slam Google-Verizon Net Neutrality Plan

Four House Democrats on Monday slammed the Google-Verizon net neutrality plan as too "industry-centered," and urged the Federal Communications Commission to move ahead with its "third way" to regulate ... (Source: FOX News 2010-08-17T19:11:30Z)

Jays land first-rounder McGuire, three other tough signs

TORONTO - The Toronto Blue Jays landed first-round pick Deck McGuire and three other top selections late Monday night, sneaking the deals through in a mad scramble just ahead of the midnight deadline for signing 2010 ... (Source: TSN 2010-08-17T19:54:27Z)

Agricultural Bank of China Sets IPO Record With $22.1 Billion Boosted Sale

Agricultural Bank of China Ltd. boosted the size of its initial public offering to $22.1 billion after selling more stock in Shanghai, making it the world's largest first-time share sale. China's biggest ... (Source: Bloomberg 2010-08-16T03:27:48Z)

Pactiv to be bought by Reynolds; shares rally

SAN FRANCISCO (MarketWatch) -- Pactiv Corp., the maker of Hefty trash bags, said early Tuesday that it would be acquired by Rank Group's Reynolds Group Holdings Ltd. subsidiary in a deal valued at $6 billion. Shares of ... (Source: Investors Business Daily 2010-08-17T16:55:30Z)

Analysis - Judges put feet down, stomp regulatory accords

NEW YORK (Reuters) - Federal investigators don't try to bring wrongdoers to justice by concocting "half-baked," "sweetheart" deals in search of a judicial "rubber stamp." Such criticism can be viewed as blows ... (Source: Reuters 2010-08-17T20:37:24Z)

ANALYSIS-US judges put feet down, stomp regulatory accords

NEW YORK (Reuters) - Federal investigators don't try to bring wrongdoers to justice by concocting "half-baked," "sweetheart" deals in search of a judicial "rubber stamp." But in the last year, U.S. judges have ... (Source: CNN Money 2010-08-17T20:23:05Z)

Grotech Ventures Announces Sale of United BioSource to Medco Health

Grotech Ventures, a leading early investor in high-potential technology companies and one of the longest-established firms in the venture industry, announced today that Medco Health Solutions, Inc. has agreed to acquire ... (Source: msnbc.com 2010-08-17T13:56:33Z)

49ers sign running back Brian Westbrook

SANTA CLARA, Calif. (AP) — The San Francisco 49ers have signed free agent running back Brian Westbrook to a one-year deal, giving Westbrook the second chance he's been seeking. Westbrook has been looking to ... (Source: Reno Gazette 2010-08-17T08:34:25Z)

Medco to acquire United BioSource for $710M

Medco Health Solutions Inc., the largest pharmacy benefits manager by revenue in the United States, has agreed to buy closely held United BioSource Corp. for $730 million in an all-cash deal. Medco operates an automated ... (Source: Ibj.com 2010-08-16T13:57:44Z)

Toms River gets by C.R. Newtown

BRISTOL, Conn. - Council Rock Newtown rode an offensive flurry all the way to Little League Baseball's Mid-Atlantic Regional championship game. But on Monday night, under the bright lights in a nationally televised game ... (Source: Philadelphia Daily News 2010-08-17T17:59:55Z)

Aviva says RSA offer not in shareholder interest

Insurer Aviva PLC said Monday it rejected a 5 billion pound ($7.8 billion) cash offer from rival RSA Insurance Group PLC for some of its general insurance businesses because the deal wasn't in the best interest of ... (Source: AP - msnbc.com 2010-08-16T11:56:02Z)

Bryce Harper, Nationals agree to $9.9M deal

Just like last year, the Washington Nationals and agent Scott Boras agreed to a contract for baseball's top draft pick with just a few seconds to spare. Jae C. Hong, File AP Photo FILE - This June 7, 2010 ... (Source: Tacoma News Tribune 2010-08-17T18:14:14Z)

Ag Bank confirms world's largest IPO

The bank, China's main rural lender, sold an additional 3.34 billion shares at the IPO price of 2.68 yuan ($0.39) per share as part of the overallotment, as expected, according to a notice Monday on the Web site of the ... (Source: Today's Zaman 2010-08-17T20:44:34Z)

Blue Jays sign 1st-round pick Deck McGuire, 3 other draft choices

TORONTO — The Blue Jays signed first-round draft pick Deck McGuire, agreeing to a minor league contract with a $2 million bonus. McGuire's deal was completed Monday at 11:59 p.m., while second-rounder Griffin Murphy ... (Source: Washington Examiner 2010-08-17T16:41:11Z)

Google denies selling out on 'net neutrality'

Google tried to derail talk that it has "sold out" on the idea of insuring all data is treated equally when it comes to routing traffic on the Internet. A legal framework for "net neutrality" proposed this week by Google ... (Source: Raw Story 2010-08-13T11:59:36Z)

Reynolds Group To Buy Pactiv for $6B

Pactiv Corp. ( PTV ), maker of Hefty garbage bags, said Tuesday that it will be acquired by food and beverage packaging company Reynolds Group Holdings Ltd. for $6 billion. The deal calls for Pactiv ... (Source: FOXBusiness 2010-08-17T18:50:02Z)

Judge Rejects $75M SEC, Citigroup Deal

Law360, New York (August 16, 2010) -- A judge has reportedly refused to sign off on the U.S. Securities and Exchange Commission's $75 million settlement with Citigroup Inc. over the bank's alleged failure to fully ... (Source: site.law360.com 2010-08-17T00:27:39Z)

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