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 20, 2010, 4:40 am

Some have issues about GM's stability as stock sale sought

General Motors Chairman and CEO Ed Whitacre's decision to step down Sept. 1 remains on the minds of GM dealers and stakeholders, some of whom said they are still eager to buy GM stock as soon as it's available ... (Source: Detroit Free Press 2010-08-20T00:38:25Z)

Goldfarb Branham Law Firm LLP Investigating Shareholder Claims Against Osteotech, Inc ...

Goldfarb Branham LLP is investigating the buyout of Osteotech, Inc. (NASDAQ: OSTE) to determine whether its shareholders are receiving fair value in the $6.50 per share cash deal. Concerned shareholders are urged to ... (Source: PR Inside 2010-08-18T05:27:07Z)

Intel to buy McAfee in $7.68B deal

NEW YORK - Intel Corp. said Thursday it is buying computer-security software maker McAfee Inc. for $7.68 billion as the chip-maker adds to its arsenal of tools to serve an increasing array of Internet ... (Source: Observer-Reporter 2010-08-20T07:47:55Z)

Dana Petroleum share price down on FTSE 250 as Korean deal appears to sink

Shares in Dana Petroleum were down in afternoon trading on the FTSE 250 after it said it would not be supporting a £1.7 billion takeover bid from the state owned Korea National Corp (KNOC). KNOC also said ... (Source: IBTimes 2010-08-12T15:35:32Z)

GM IPO will sell all stock at once, says CEO

Some experts had expected General Motors Co. to sell only a partial stake at first, followed by several smaller sales, but Ed Whitacre told reporters at an auto conference Thursday, "Our anticipation is we'd ... (Source: The Christian Science Monitor 2010-08-09T17:04:59Z)

Deal allows for gas-fired power plant near Great Falls

GREAT FALLS - Officials with a Billings-based electric cooperative said Wednesday a settlement has been reached that will allow the construction of a 120-megawatt natural-gas fired power plant east of Great Falls. Tim ... (Source: Billings Gazette 2010-08-19T12:06:48Z)

Benjamin Kaplan, 99, esteemed jurist, law professor

Few justices were as revered for their writing and thinking as Benjamin Kaplan, yet each ruling he penned for the Supreme Judicial Court or the state Appeals Court renewed his sense that this time he might not ... (Source: Boston Globe 2010-08-20T11:36:59Z)

Deal allows for gas-fired power plant near GFalls

GREAT FALLS, Mont. (AP) — Officials with a Billings-based electric cooperative say a settlement has been reached that will allow the construction of a 120-megawatt natural-gas fired power plant east of Great ... (Source: KFBB NewsChannel 5 2010-08-19T11:59:38Z)

WikiLeaks: Pentagon ready to discuss Afghan files

STOCKHOLM (AP) — WikiLeaks founder Julian Assange said Wednesday the Pentagon has expressed willingness to discuss the online whistleblower's request for help in reviewing classified documents from the ... (Source: Daily Freeman Journal 2010-08-20T04:56:07Z)

Dana says it can't back KNOC takeover bid, accuses Korean suitor of ignoring invitations

LONDON — Dana Petroleum PLC says it will not back a 1.7 billion pounds ($2.7 billion) takeover bid from Korea National Corp. — or KNOC — after the state-owned company refused to raise its offer and declined to sign ... (Source: Washington Examiner 2010-08-12T11:03:31Z)

Pakistan accepts India's aid offer

New Delhi - Pakistan has accepted India's offer of aid for flood victims, a week after receiving it from its traditional rival, news reports said Friday. Pakistan's Foreign Minister Shah Mahmood Qureshi made ... (Source: Earthtimes 2010-08-20T09:49:36Z)

Pentagon denies deal in works with WikiLeaks

STOCKHOLM – WikiLeaks founder Julian Assange said Wednesday that the Pentagon has expressed willingness to discuss the online whistleblower's request for help in reviewing classified documents from the Afghan war and ... (Source: Dallas Morning News 2010-08-19T04:57:18Z)

Air Products urges Airgas shareholders approve bid

Air Products and Chemicals Inc., which is trying to take over rival Airgas Inc., sent a letter to Airgas shareholders Thursday questioning the credibility of its board of directors. Air Products, of Allentown, Pa., sells ... (Source: AP - msnbc.com 2010-08-19T22:29:34Z)

Pakistan accepts flood aid, India offers more

India [ Images ] on Friday welcomed Pakistan's decision to accept its $5 million aid offer for flood relief in the country and said it was willing to provide more assistance. Pakistan's decision to accept the ... (Source: Rediff 2010-08-20T09:06:39Z)

Dow's (DOW) Rohm and Haas Announces $122.13M Received in Recent Tender Offer

Rohm and Haas Company (the "Company"), a subsidiary of The Dow Chemical Company (NYSE: DOW ), announced today the results to date of the previously announced cash tender offer and related consent solicitation (the ... (Source: StreetInsider.com 2010-08-19T12:06:48Z)

Texas Tech grad, ex-Tech Regent Ed Whitacre will step down as GM's CEO Sept. 1

DETROIT (AP) — General Motors Co. chief Ed Whitacre said Thursday he's stepping down as CEO on Sept. 1, his mission accomplished as the company reported its second straight quarterly profit. Whitacre, 68 ... (Source: Lubbock Avalanche-Journal 2010-08-12T22:09:14Z)

Intel to acquire McAfee in $7.68 billion deal

Intel Corp., signaling its ambitions to expand beyond computers and into the booming market for mobile and Internet-connected devices, announced a deal Thursday to buy security software maker McAfee Inc. for $ ... (Source: San Francisco Gate 2010-08-20T09:56:46Z)

Intel in $7.68B deal for McAfee

SAN JOSE, Calif. -- In a move that greatly accelerates its surge into the software market, chip-manufacturing giant Intel said Thursday that it has agreed to buy security-software maker McAfee for $7.68 ... (Source: Memphis Commercial Appeal 2010-08-20T05:10:26Z)

Air Products urges shareholders at Airgas to vote for its board selection and ...

LEHIGH VALLEY, PA. — Air Products and Chemicals Inc., which is trying to take over rival Airgas Inc., sent a letter to Airgas shareholders Thursday questioning the credibility of its board of directors. Air Products ... (Source: Washington Examiner 2010-08-19T22:43:53Z)

As Airgas Meeting Nears, Deal Battle Continues

With Airgas 's shareholder meeting nearing — it's scheduled for Sept. 15 — the battle between the industrial gases company and its unwanted solicitor, Air Products and Chemicals , is heating up. The latest shot ... (Source: New York Times Blogs 2010-08-19T17:36:05Z)

Dow Chemical extends tender offer for Morton debt

Dow Chemical Co. said Thursday it is extending a tender offer for debt held by Morton International, a business it sold in October. Dow said $122.1 million in debt due in 2020 has been exchanged for cash. That's about 84 ... (Source: AP - msnbc.com 2010-08-19T17:50:24Z)

Rohm and Haas Announces Results to Date of Tender Offer and Receipt of Requisite ...

BusinessWire - Rohm and Haas Company (the "Company"), a subsidiary of The Dow Chemical Company (NYSE: DOW), announced today the results to date of the previously announced cash tender offer and related consent ... (Source: Forbes 2010-08-19T12:56:54Z)

Deal removes opposition to gas-fired power plant

A settlement agreement will allow plans to move forward for a 120-megawatt natural-gas fired power plant east of Great Falls. But a Billings-based electric cooperative still must obtain a permit to begin construction ... (Source: Montana Standard 2010-08-19T18:33:21Z)

Goldfarb Branham Law Firm LLP Investigating Shareholder Claims against Pactiv ...

DALLAS--( BUSINESS WIRE )--Goldfarb Branham LLP is investigating the buyout of Pactiv (NYSE: PTV) to determine whether its shareholders are receiving fair value in the $33.25 per share cash deal – which is only a 7.5% ... (Source: Business Wire 2010-08-17T16:34:01Z)

Pentagon says no to 'sanitized' WikiLeaks release

The Pentagon has contacted a lawyer purporting to represent WikiLeaks but said it would not negotiate a "sanitized" release of a huge cache of classified documents held by the whistleblower's website, a recently released ... (Source: AlterNet 2010-08-20T07:33:36Z)

Korea National Corp makes offer for Dana Petroleum

South Korea's state-owned oil company is making a 1.87 billion pound ($2.9 billion) hostile bid for Dana Petroleum PLC. Friday's statement from Korea National Corp. — KNOC — says it hopes to boost its oil reserves ... (Source: AP - msnbc.com 2010-08-20T10:03:55Z)

Goldfarb Branham Law Firm LLP Investigating Shareholder Claims Against NewAlliance ...

DALLAS--(BUSINESS WIRE)--Goldfarb Branham LLP is investigating shareholder claims against the board of NewAlliance Bancshares (NYSE: NAL - News ) in connection with the proposed buyout by First Niagara. Under the buyout ... (Source: Yahoo Finance 2010-08-19T17:21:46Z)

Pakistan Accepts India's $5 Million Aid Offer

Islamabad, Pakistan (AHN) - In a dramatic turn, Pakistan on Thursday accepted India's $5 million aid offer for flood-affected victims. Appreciating the gesture, Pakistani Foreign Minister Shah Mahmood Qureshi expressed ... (Source: All Headline News 2010-08-20T09:49:36Z)

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