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 24, 2010, 6:39 pm

Barclays Begins Defense In Lehman 'Secret Discount' Lawsuit

NEW YORK -(Dow Jones)- Lehman Brothers Holdings Inc. (LEHMQ) couldn't value its plummeting holdings with any kind of certainty in the days before its broker-dealer business was sold to Barclays PLC (BCS), the former head ... (Source: NASDAQ 2010-08-23T20:44:36Z)

Kindred Healthcare Signs Deals To Buy Five Hospitals And Three Nursing And ...

(RTTNews) - Kindred Healthcare, Inc. (KND: News ) announced that its subsidiaries have signed a definitive agreement to acquire five long-term acute care hospitals from Vista Healthcare, LLC for purchase price of $180 ... (Source: RTT News 2010-08-24T12:22:20Z)

2 plead guilty to stealing thousands of Red Bull cases from Navy

Two men accused of stealing thousands of cases of Red Bull energy drink from a West Tennessee U.S. Navy installation have pleaded guilty to theft. William Henry Bartlett and Bobby O'Neal Armstead face up to ... (Source: WBIR 2010-08-24T15:35:37Z)

Tencent buys Google-backed Comsenz

BEIJING, Aug. 25 (Xinhuanet) -- Tencent Holdings Ltd has acquired a Google-backed Chinese social networking company for reportedly US$60 million, the country's biggest Internet firm said yesterday. The acquisition marked ... (Source: Xinhua News Agency 2010-08-25T00:39:39Z)

2 plead guilty to stealing Red Bull from Navy

MEMPHIS — Two men who became a punchline for a Jay Leno joke earlier this year pleaded guilty Monday to conspiring to steal thousands of cases of Red Bull from the Millington naval base commissary. Federal ... (Source: Knoxville News Sentinel 2010-08-24T19:10:22Z)

Arizona Diamondbacks recall utilityman Ryan Roberts from minors, release INF Bobby ...

PHOENIX — The Arizona Diamondbacks have recalled utilityman Ryan Roberts from Triple-A Reno and released infielder Bobby Crosby. The Diamondbacks made the move before Tuesday night's game at San Diego. The ... (Source: Republic 2010-08-24T22:30:48Z)

Brand Affinity Technologies Gets $20M

Irvine-based Brand Affinity Technologies , the latest startup headed by Ryan and Chad Steelberg, announced today that it has raised $20M in a Series C funding round. The round was led by Miramar Venture Partners, and ... (Source: socalTech.com 2010-08-24T12:43:49Z)

Lehman Made `Best Deal It Could' in Barclays Sale, Executive Testifies

Lehman Brothers Holdings Inc. made "the best deal it could" when it sold its brokerage to Barclays Plc in "one of the most uncertain weeks in financial market history," a former Lehman restructuring ... (Source: Bloomberg 2010-08-23T17:59:58Z)

Disney, Apple Near iTunes Deal

ABC owner Walt Disney Co. is close to an agreement to let Apple Inc. sell 99-cent rentals of its television shows through the iTunes store, but the computer company is facing resistance lining up several other major ... (Source: Wall Street Journal 2010-08-24T22:52:16Z)

UPDATE 1-Deals of the day -- mergers and acquisitions

Aug 24 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 1330 GMT on Tuesday. (For Reuters columns on deals, click on [DEALTALK/]) ** State ... (Source: Reuters UK 2010-08-24T19:53:19Z)

30 for 30: Jordan Rides the Bus

On 6 October 1993, Michael Jordan retired from basketball. The first time. At the time, the decision seemed monumental. Jordan and the Chicago Bulls had just won the NBA title. He had been spotted gambling in Atlantic ... (Source: Popmatters.com 2010-08-24T12:50:58Z)

Bobby Bowden says he didn't want to retire from Florida State

NEW YORK -- Bobby Bowden did not want to retire. "Fired might be a little too strong," the former Florida State coach said Tuesday in an interview with The Associated Press. "Pushed out ain't bad. I was pushed ... (Source: San Jose Mercury News 2010-08-25T00:32:29Z)

Bobby Bowden: I was 'pushed out' by Florida State

Bobby Bowden tells The Associated Press he was "pushed out" after 34 years as Florida State coach and that his relationship with former university president T.K. Wetherell is likely beyond repair. Bowden coached for 34 ... (Source: Bay News 9 2010-08-24T19:31:50Z)

Tencent Buys Comsenz, Google-Backed Internet Firm

Tencent Holdings Ltd, China-based Internet firm has acquired Comsenz, a Google backed Internet firm, sources said. The financial value of the deal is reported to be over $60 million. Tencent is a huge Internet company ... (Source: indiaserver.com 2010-08-24T11:39:24Z)

Tencent Holdings acquires Comsenz Technology

Aug 24, 2010 (Datamonitor Financial Deals Tracker via COMTEX) -- According to Reuters, the China Business News reported that Tencent Holdings Limited, a provider of internet value-added services, mobile and ... (Source: TMCnet 2010-08-24T21:55:00Z)

Kindred plans purchases totaling more than $200M

Health care services company Kindred Healthcare Inc. said Tuesday it will spend more than $200 million on acquisitions in southern California and the Dallas-Fort Worth market. The Louisville, Ky., company will pay $180 ... (Source: AP - msnbc.com 2010-08-24T14:24:02Z)

Lehman Made 'Best Deal It Could' in Sale to Barclays

(Updates with Lazard deposition in 12th paragraph.) Aug. 23 (Bloomberg) -- Lehman Brothers Holdings Inc. made "the best deal it could" when it sold its brokerage to Barclays Plc in "one of the most ... (Source: BusinessWeek 2010-08-23T20:51:46Z)

China Railway in Talks on $30 Billion South African Bullet-Train Project

China Railway Group Ltd. , the world's second-largest publicly traded heavy construction company, said it is in talks with South Africa's government for a $30 billion high-speed rail project between ... (Source: Bloomberg 2010-08-24T17:58:47Z)

Apple Inc. Far Ahead In Talks With News Corp. on iTunes TV Show Rental Deal (AAPL,NWS ...

Aug 24, 2010 (SmarTrend News Watch via COMTEX) -- Apple Inc. (NASDAQ:AAPL) is reportedly far along in discussions with News Corp. (NASDAQ:NWS) in a deal that could allow iTunes users rent television shows for ... (Source: TMCnet 2010-08-24T22:09:19Z)

Bobby Bowden writes about being forced out by Florida State

Bobby Bowden's final season at Florida State was sold as a parting of the ways last December. The reality is that Bowden was fired by school president T.K. Wetherell and has left the long-time relationship ... (Source: USA Today 2010-08-24T23:06:35Z)

D-backs recall Ryan Roberts, release Bobby Crosby

PHOENIX - The Arizona Diamondbacks have recalled utilityman Ryan Roberts from Triple-A Reno and released infielder Bobby Crosby. The Diamondbacks made the move before Tuesday night's game at San Diego. The 30 ... (Source: KTAR.com 2010-08-24T22:23:38Z)

Brand Affinity Technologies Raises $20 Million for Celebrity Endorsement and ...

Brand Affinity Technologies (BAT), the company reinventing endorsement and celebrity marketing, has closed a $20 million Series C round led by Miramar Venture Partners, with existing investors Newport Coast Investments ... (Source: Newswiretoday.com 2010-08-24T20:36:16Z)

New film covers Michael Jordan's baseball years

The News & Observer of Raleigh reported that ESPN will air a new film called "Jordan Rides the Bus" on Tuesday about the basketball star's season with the Birmingham Barons. The film was made by director Ron Shelton of ... (Source: Blueridgenow.com 2010-08-24T20:50:35Z)

2 Tennesseans plead guilty to stealing more than $250,000 worth of Red Bull from Navy

MEMPHIS, Tenn. (AP) — Two men accused of stealing thousands of cases of Red Bull energy drink from a West Tennessee U.S. Navy installation have pleaded guilty to theft. William Henry Bartlett and Bobby O ... (Source: Kingsport Times-News 2010-08-24T18:05:56Z)

Q&A with "Jordan Rides the Bus" director Ron Shelton

Ron Shelton, known throughout the film industry as the director of "Bull Durham," directs the latest installment in ESPN 's 30-for-30 series, Jordan Rides the Bus. The film chronicles Michael Jordan's ... (Source: Daily Tar Heel 2010-08-20T16:59:06Z)

Brand Affinity Technologies Raises $20M To Match Celebs With Endorsement Deals

Brand Affinity Technologies (BAT), the company that creates a technology that matches celebrities with endorsement deals, has just raised $20 million in Series C funding led by Miramar Venture Partners , with ... (Source: TechCrunch 2010-08-24T05:20:00Z)

Bloomberg: Apple readying 99-cent TV show rentals

Bloomberg is reporting that Apple is in "advanced talks" with News Corp., CBS Corp., and Walt Disney Co. to allow iTunes users to rent their programming for 99-cents an episode. The report reads: "The content deals ... (Source: Ethiopian Review 2010-08-24T22:16:29Z)

S.Africa's Zuma in China for talks on growing ties

BEIJING (AFP) – South African President Jacob Zuma met his Chinese counterpart Hu Jintao in Beijing on Tuesday for talks aimed at broadening the relationship between Beijing and Africa's biggest economy. The ... (Source: YAHOO! 2010-08-24T17:37:18Z)

D'Backs recall Roberts, part ways with Crosby

San Diego, CA (Sports Network) - The Arizona Diamondbacks recalled infielder/outfielder Ryan Roberts from Triple-A Reno and released infielder Bobby Crosby on Tuesday. The 29-year-old Roberts will be making ... (Source: Seattle Post Intelligencer 2010-08-24T21:47:51Z)

South Africa, China Companies Agree On Banking, Energy Deals

BEIJING -(Dow Jones)- South African and Chinese companies are signing a range of deals Tuesday covering sectors including energy, banking and railways, according to a statement from a South African government ... (Source: FOXBusiness 2010-08-24T05:55:48Z)

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