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, 6:40 pm

Pactiv, Maker of Hefty Bags, to be Acquired by Reynolds

Pactiv Corp. is to be bought by Reynolds Group Holdings Ltd., a company that makes packaging for food and storage markets, Pactiv announced on Tuesday. The deal is worth approximately $6 billion and may be finalized this ... (Source: The Epoch Times 2010-08-18T01:23:44Z)

49ers sign Brian Westbrook

The San Francisco 49ers have signed veteran free agent running back Brian Westbrook (notes) , the team announced. It's a one-year deal worth $1.25 million. Westbrook is a former Philadelphia Eagles star who ... (Source: YAHOO! 2010-08-18T00:19:19Z)

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)

Report: Cowboys considered ex-Eagles RB Westbook

Brian Westbrook so wants to be part of a winning team that he accepted a backup job across the country with the San Francisco 49ers. The 49ers signed the free agent running back to a one-year deal Monday with ... (Source: Dallas Morning News 2010-08-17T16:48:20Z)

NFL notes: Brian Westbrook signs 1-year deal with 49ers

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 job, visiting several teams in ... (Source: NorthJersey.com 2010-08-17T06:04:06Z)

Windstream Agrees to Buy Q-Comm in $782 Million Deal

(Adds Q-Comm's subsidiaries in fourth paragraph.) Aug. 17 (Bloomberg) -- Windstream Corp., the local phone company that's made four acquisitions in the past year, agreed to buy Q-Comm Corp. in a $782 ... (Source: BusinessWeek 2010-08-17T22:17:37Z)

Aviator reaches deal to halt discharge — for now

An Idaho aviator has reached an agreement with the U.S. Air Force to temporarily block his discharge under the "don't ask, don't tell" law that bars openly gay and lesbian military members from service. The ... (Source: AP - msnbc.com 2010-08-16T23:01:45Z)

49ers sign free agent Brian Westbrook to bolster run game

The twists and turns continued at 49ers training camp Monday, with longtime Philadelphia Eagles running back Brian Westbrook signing a one-year deal hours after defensive lineman Kentwan Balmer was traded to ... (Source: Inside Bay Area 2010-08-17T05:28:18Z)

ANGELS: Angels sign draft pick Cowart

ANAHEIM ---- The Angels have agreed to terms with first-round draft pick Kaleb Cowart. The infielder from Cook County High in Adel, Ga., received a $2.3 million signing bonus on Monday. He was the 18th overall pick ... (Source: North County Times 2010-08-17T06:39:53Z)

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)

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)

Angels Ink Prep Phenom Third Baseman Cowart

Anaheim, CA, United States (AHN) - The Los Angeles Angels made an investment for the future, signing third baseman prospect Kaleb Cowart to a deal. Cowart, the 18th overall pick in June's First-Year Player Draft ... (Source: All Headline News 2010-08-17T17:31:17Z)

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)

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)

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)

Aviator reaches deal to halt discharge _ for now

BOISE, Idaho (AP) - An Idaho aviator has reached an agreement with the U.S. Air Force to temporarily block his dischargeunder the "don't ask, don't tell" law that bars openly gay and lesbian military members from service ... (Source: msnbc.com 2010-08-16T23:51:52Z)

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)

Medco expands research efforts with $730 million deal for research adviser United ...

NEW YORK (AP) — Pharmacy benefits manager Medco Health Solutions Inc. said Monday it will buy United BioSource Corp., which helps companies run studies of newly-approved drugs and medical devices, for $730 ... (Source: Los Angeles Times 2010-08-16T16:28:03Z)

Westbrook signs deal with 49ers

The deal is worth $1.2 million with incentives that could earn him a total of $2.5 million, according to the NFL Network. Known for his ability to make catches out of the backfield as well as run the ball, Westbrook ... (Source: Today's Zaman 2010-08-17T23:36:22Z)

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)

Windstream to buy Q-Comm companies

Windstream Corp. will acquire fiber transport company Q-Comm Corp in a deal worth $782 million. The agreement includes Q-Comm's wholly owned subsidiaries Kentucky Data Link, Inc., a fiber services provider ... (Source: Arkansas Online 2010-08-17T22:10:28Z)

Windstream Agrees to Buy Q-Comm in $782 Million Deal To Expand Fiber Reach

Windstream Corp. , the local phone company that's made four acquisitions in the past year, agreed to buy Q-Comm Corp. in a $782 million deal to add high-speed fiber-optic services for government and business ... (Source: Bloomberg 2010-08-17T22:31:56Z)

Kaleb Cowart: LA Angels Insider.com Podcast

On Monday, the Halos agreed to terms on a $2.3 million deal with Kaleb Cowart . Cowart was named the 2010 Gatorade National High School Baseball Player of the Year. The high school pitcher and switch-hitting third ... (Source: Bleacherreport.com 2010-08-18T00:19:19Z)

Beebe releases $5.9M in additional lottery scholarship money, will go to student ...

LITTLE ROCK, ARK. — Arkansas Gov. Mike Beebe has released an additional $5.9 million in lottery scholarship money and says the awards will go to students on a waiting list. Beebe said Tuesday he received previously ... (Source: Washington Examiner 2010-08-17T20:23:05Z)

Ark. officials worked with wrong figure; additional $5.9M available for lottery ...

LITTLE ROCK, Ark. (AP) — About 1,400 more students will be awarded scholarships with money from the Arkansas lottery, Gov. Mike Beebe announced Tuesday after he learned an additional $5.9 million is ... (Source: Chicago Tribune 2010-08-18T00:12:09Z)

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)

Governor Beebe Authorizes Release of Additional Lottery Scholarship Funds

LITTLE ROCK – After receiving previously unreleased figures from the Arkansas Lottery Commission about available scholarship monies, Governor Mike Beebe has asked the Arkansas Department of Higher Education ... (Source: Arkansas News Bureau 2010-08-17T22:46:15Z)

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)

Judge Denounces a Barclays Settlement

WASHINGTON (Reuters) — The British banking giant Barclays received a "sweetheart deal" from the Justice Department in a proposed settlement of criminal charges that the bank had violated federal trade ... (Source: New York Times 2010-08-17T23:14:53Z)

Aviator reaches deal to halt discharge -- for now

BOISE, Idaho (AP) -- An Idaho aviator has reached an agreement with the U.S. Air Force to temporarily block his discharge under the "don't ask, don't tell" law that bars openly gay and lesbian military members from ... (Source: KGAN.com 2010-08-16T23:08:55Z)

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