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Deals of the Hour / August 30, 2010, 6:40 am

Genzyme rejects Sanofi-Aventis' $18.5 billion offer

BOSTON (Reuters) - Genzyme Corp rejected an $18.5 billion takeover offer from French drugmaker Sanofi-Aventis, saying it dramatically undervalues the company. The Cambridge, Massachusetts-based biotechnology company said ... (Source: Yahoo Finance 2010-08-30T12:51:01Z)

Iraqi official steals $2 mil worth of computers

An Iraqi official stole US-purchased computers worth almost two million dollars that were a US donation for Iraqi schoolchildren and sold them off for less than 50,000 dollars, the US army said on Friday. In a ... (Source: Ya Libnan 2010-08-28T06:26:51Z)

"Modern Family" & "Mad Men" Win Top Emmy Awards

The darkly intimate 1960s-era drama "Mad Men" and the comedy romp "Modern Family" were the top honorees at Sunday's Emmy Awards as American life past and present proved a winning formula. "To our fans, we are so grateful ... (Source: CBS 11 News 2010-08-30T12:51:01Z)

Budget cuts force ULM layoffs

State budget cuts forced the University of Louisiana at Monroe earlier this summer to lay off and offer early retirement to a significant number of maintenance and repair workers, the university confirmed ... (Source: News-Star 2010-08-28T06:12:32Z)

Genzyme says Sanofi-Aventis buyout offer is too low

NEW YORK (AP) — Biotechnology company Genzyme (GENZ) said Monday that it has rejected Sanofi-Aventis 's $18.5 billion buyout offer because it undervalues the company. On Sunday, French drug developer ... (Source: USA Today 2010-08-30T12:43:52Z)

AAA projects 10 percent increase in Labor Day holiday travel

AAA projects the number of Americans traveling this Labor Day holiday weekend will increase 9.9 percent from 2009, with about 34.4 million travelers taking a trip at least 50 miles away from home. Of that number, an ... (Source: Daily Times 2010-08-27T06:56:40Z)

Jim Zima column: Kewaunee men's team nets title

The Kewaunee Bowl team was the only entry from the Green Bay-Bay Area USBC Bowling Association to emerge with a title in the 108th annual Wisconsin State USBC Bowling Association 2010 championships in Neenah ... (Source: Green Bay Press-Gazette 2010-08-23T10:36:09Z)

'Mad Men,' 'Modern Family' top at Emmys

"To our fans, we are so grateful, we are so thrilled that families are sitting down together to watch a television show, and we're so happy that you have let us into your families," said Steven Levitan, "Modern ... (Source: Sheboygan Press.com 2010-08-30T12:58:11Z)

HP's $1.5B bid for 3Par tops Dell offer

NEW YORK - Hewlett-Packard Co. is bidding $1.5 billion for data storage provider 3Par Inc., offering 33 percent more than what rival Dell Inc. agreed to pay for the company just a week earlier. The tussle for ... (Source: Philadelphia Daily News 2010-08-24T07:00:13Z)

Southern system to lay off

Among the 13 who have already received their notices are Assistant Vice President for Academic and Student Affairs Melva Turner, who had been the chief of staff, and Assistant Vice President for Development Andrea ... (Source: Baton Rouge Advocate 2010-08-19T10:12:16Z)

Anthonys Donate Caylee's Shoes To Orphans

WESH.com George and Cindy Anthony gave up some of their granddaughters' things to give back to the community this weekend. The Anthonys donated shoes they said belonged to slain 2-year-old, Caylee. A non-profit group ... (Source: msnbc.com 2010-08-29T14:39:35Z)

Report: Cindy Anthony's offer to donate Caylee's shoes causes stir for nonprofit

A nonprofit has been flooded with hateful calls after news surfaced it would get Caylee Anthony 's shoes during an event Saturday, clickorlando.com is reporting. The slain toddler's grandmother, Cindy Anthony ... (Source: Orlando Sentinel 2010-08-26T11:58:30Z)

AAA: More people will hit the road this Labor Day weekend

AAA projects the number of Americans traveling this Labor Day holiday weekend will increase 9.9 percent from 2009, with about 34.4 million travelers taking a trip at least 50 miles away from home. Last year ... (Source: Vindy.com 2010-08-27T15:17:44Z)

Police arrest 24 in immigration crackdown

Fox Valley police assisted federal authorities this week in arresting 24 convicted felons who were in the country illegally. The northeastern Wisconsin arrests were among 370 in 10 states in a crackdown by U.S ... (Source: Fond du Lac Reporter 2010-08-29T22:10:33Z)

BHP Says Potash Offer Fair, Timing of Bid 'Opportune'

(Corrects time references in second and 10th paragraphs.) Aug. 30 (Bloomberg) -- BHP Billiton Ltd., seeking to acquire Potash Corp. of Saskatchewan Inc. for $40 billion, said the offer is fair and that it ... (Source: BusinessWeek 2010-08-30T11:46:36Z)

Air Quality Alert

...AIR QUALITY WATCH ISSUED FOR THE WISCONSIN LAKESHORE COUNTIES TODAY... A WARM AND HUMID AIR MASS IS EXPECTED ACROSS THE LAKE MICHIGAN REGION TODAY. THERE IS A POSSIBILITY THAT OZONE CONCENTRATIONS WILL ... (Source: Fox11online.com 2010-08-29T04:59:45Z)

No solution for BlackBerry in India 4 days before deadline; local groups dismiss company offer

MUMBAI, India (AP) — Efforts by Research In Motion Ltd., the maker of the BlackBerry, to broaden the debate over data encryption were dismissed by Indian industry groups as unnecessary Friday and appeared unlikely to ... (Source: Fort Lauderdale Sun-Sentinel 2010-08-27T14:56:16Z)

AAA Forecasts Labor Day Travel To Increase 10 Percent

AAA projects the number of Americans traveling this Labor Day holiday weekend will increase 9.9 percent from 2009, with approximately 34.4 million travelers taking a trip at least 50 miles away from home. Last year, 31.3 ... (Source: HuntingtonNews.Net 2010-08-28T09:54:26Z)

Casey Anthony: Shaken charity organizer getting threats

Could more little children suffer because of the Caylee Anthony story? That's a horrifying thought, but consider the latest TV reports in the Casey Anthony saga. Cindy Anthony's offer to donate granddaughter Caylee ... (Source: Orlando Sentinel (blog) 2010-08-27T00:01:29Z)

HP outbids Dell in offer to buy 3Par

SEATTLE (AP) -- Hewlett-Packard Co. boosted its bid for 3Par Inc. to $1.88 billion Friday, topping Dell Inc.'s offer by 11 percent and again raising the stakes in the bidding contest for the data-storage ... (Source: Berkshire Eagle 2010-08-28T03:56:31Z)

BHP Says Potash Offer Is Fair, Timing of Bid Is 'Opportune'

Aug. 30 (Bloomberg) -- BHP Billiton Ltd., seeking to acquire Potash Corp. of Saskatchewan Inc. for $40 billion, said the offer is fair and that it would abandon pursuit of the company if it's not in the best interests ... (Source: BusinessWeek 2010-08-29T13:56:38Z)

'Modern Family,' Jim Parsons and, yes, Edie Falco among Emmy comedy newcomers

Freshman hit " Modern Family " won best comedy series as well as supporting actor ( Eric Stonestreet ) and writing (Steven Levitan & Christopher Lloyd ) at this year's Emmy Awards . " Glee ," the other ... (Source: Los Angeles Times 2010-08-30T05:34:22Z)

ULM confirms budget cuts forced layoff of maintenance workers

State budget cuts forced the University of Louisiana at Monroe earlier this summer to lay off and offer early retirement to a significant number of maintenance and repair workers, the university confirmed ... (Source: News-Star 2010-08-27T22:48:43Z)

Genzyme Snubs Sanofi-Aventis' Acquisition Offer

(RTTNews) - Biopharmaceutical firm Genzyme Corp. (GENZ: News ) Monday confirmed the receipt of an unsolicited, non-binding proposal from French drug giant Sanofi-Aventis SA (SNY: News ) to acquire all the outstanding ... (Source: RTT News 2010-08-30T12:43:52Z)

No solution for BlackBerry dispute in India; 4 days to go

MUMBAI, India -- Efforts by Research In Motion, the maker of the BlackBerry, to broaden the debate over data encryption were dismissed by Indian industry groups as unnecessary Friday and appeared unlikely to ... (Source: San Jose Mercury News 2010-08-28T04:03:41Z)

As deadline looms, logjam remains in India for RIM

A list of countries considering BlackBerry bans over security concerns with data routed abroad: •India: The country of almost 1.2 billion people has threatened to block corporate email and messaging services unless RIM ... (Source: The Chronicle Herald 2010-08-28T09:04:19Z)

DJ BHP CFO: BHP Offer For Potash Fair, Only One On Table

SINGAPORE, Aug 29, 2010 (Dow Jones Commodities News Select via Comtex) -- BHP Billiton Ltd's ( BHP | PowerRating ) $38.6 billion offer for Potash Corp. of Saskatchewan Inc. (POT) is fair and the only offer on ... (Source: TradingMarkets.com 2010-08-29T11:19:09Z)

3Par's board says HP's offer better than Dell's

FREMONT, Calif. — Data storage company 3Par Inc. (NYSE: PAR ) says its board has determined that Hewlett-Packard Co.'s (NYSE: HPQ ) $2 billion, $30-per-share takeover bid is superior to a rival offer from Dell Inc ... (Source: Local Tech Wire 2010-08-29T12:45:03Z)

Iraq says sale of donated U.S. computers legal

BAGHDAD — Computer equipment worth $1.9 million which the U.S. military says was a gift for Iraqi schoolchildren but was auctioned off for less than $50,000 was sold legally, Iraq's customs authority said ... (Source: msnbc.com 2010-08-29T17:02:45Z)

Iraq official sells stolen computers

An Iraqi official stole US-purchased computers worth almost $US2 million destined for schoolchildren and sold them off for less than $US50,000. In a highly unusual press statement, the American military said on Friday an ... (Source: Skynews.com 2010-08-28T04:32:19Z)

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