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 / September 2, 2010, 2:40 am

The Allied Defense Group Announces Completion of Asset Sale to Chemring

Author : The Allied Defense Group, Inc. Houlihan Lokey acted as ADG's financial advisor on the asset sale and provided ADG's board of directors with a fairness opinion. Baxter, Baker, Sidle, Conn & Jones ... (Source: Earthtimes 2010-09-01T18:10:46Z)

Jordan Unearths 3,000-Year-Old Temple

AMMAN, Jordan -- Archaeologists in Jordan have unearthed a 3,000-year-old Iron Age temple with a trove of figurines of ancient deities and circular clay vessels used for religious rituals, officials said ... (Source: Denver Channel 2010-09-02T07:03:52Z)

Allied Defense Group Closes Sale Of Substantially All Of Its Assets To Chemring ...

(RTTNews) - Allied Defense Group Inc. (ADG: News ) said it completed the previously announced sale of substantially all of its assets to Chemring. Chemring paid approximately $59.6 million in cash and assumed certain ... (Source: RTT News 2010-09-01T18:32:15Z)

InterOil to pay $12 million to settle a dispute of an oil refinery sale

HOUSTON (AP) — Oil and gas producer InterOil Corp. said Tuesday that it has agreed to a $12 million settlement in a dispute over the sale of an oil refinery. InterOil said it will issue 199,667 shares of ... (Source: Chicago Tribune 2010-08-31T22:15:20Z)

The Russian/Armenian Axis

August 24, 2010: Armenia has signed a pact with Russia that, in effect, makes it a protectorate of Russia. The deal extends the lease on a Russian military base in Armenia from 2020 to 2044. The 3,000 man ... (Source: Strategy Page 2010-08-24T09:09:04Z)

Shelter offers adoption deals

Big, round, innocent eyes peer out from metal cages. Little fuzzy paws reach between the bars in hopes of snagging the heart of a kindly passer-by. Who wouldn't become smitten with each and every one of the 60 or so ... (Source: Ashland Daily Tidings 2010-08-24T09:01:55Z)

LifePoint completes Sumner deal

LifePoint Hospitals, a publicly traded health system based in Brentwood, Tenn., closed on its deal to acquire Sumner Regional Health Systems, a tax-exempt system that filed for bankruptcy in late April ... (Source: ModernHealthcare.com 2010-09-01T18:25:05Z)

Jordan announces the discovery of 3,000-year-old Iron Age temple

AMMAN, Jordan - The Jordanian antiquities department announced Wednesday the discovery of a 3,000-year-old Iron Age temple boasting a trove of figurines of ancient deities and circular clay vessels used in religious ... (Source: Canada East 2010-09-01T14:00:14Z)

Lifepoint finalizes purchase of Sumner health

BRENTWOOD, Tenn. (AP) - Hospital operator Lifepoint Hospitals has announced that its $145 million purchase of Sumner Regional Health Systems is complete. Under the terms of the final sales agreement, Brentwood, Tenn ... (Source: WAAY-TV 2010-09-01T16:30:33Z)

InterOil Announces Agreement to Settle Long-Standing Lawsuit

CAIRNS, Australia and HOUSTON , Aug. 31 /PRNewswire/ -- InterOil Corporation (NYSE: IOC - News ) (POMSoX: IOC) today announced that it has entered into an agreement to settle all claims against it and its subsidiaries ... (Source: Yahoo Finance 2010-08-31T13:47:06Z)

Stockholders approve ADG sale

VIENNA, Va., Sept. 1 (UPI) -- Stockholders of Virginia's Allied Defense Group have voted to sell about 71.7 percent of company assets to Britain's Chemring Group PLC. Stockholder approval of the asset sale ... (Source: United Press International 2010-09-01T15:18:58Z)

Russian Leader Says No Azeri Military Deal

YEREVAN (RFE/RL)—A senior Russian member of parliament on Tuesday expressed skepticism over reports that Russia plans to sell sophisticated air-defense systems to Azerbaijan despite serious concerns in Armenia. Citing ... (Source: Asbarez News 2010-08-16T23:59:01Z)

InterOil settles dispute over refinery sale

Oil and gas producer InterOil Corp. said Tuesday that it has agreed to a $12 million settlement in a dispute over the sale of an oil refinery. InterOil said it will issue 199,667 shares of stock, valued at roughly $ ... (Source: AP - msnbc.com 2010-08-31T22:08:11Z)

Delray Beach man ordered to pay $3,500 for care of six rescued dogs

DELRAY BEACH — Six pit bulls rescued from a Delray Beach backyard will not be returned to an owner who was ordered to pay for their care and who could face charges. A judge determined in a court hearing on Monday ... (Source: Palm Beach Interactive 2010-09-01T12:41:29Z)

Australian Independent Wilkie Will Support Gillard

(Updates with comment from Wilkie in fifth paragraph.) Sept. 2 (Bloomberg) -- Andrew Wilkie, an independent lawmaker from the Australian state of Tasmania, said he'll back Prime Minister Julia Gillard in ... (Source: BusinessWeek 2010-09-02T08:15:27Z)

Overcrowding, understaffing at Chicago's Animal Care & Control

One of the missions of Chicago's Animal Care and Control, the largest pound in the city, is to assure the humane treatment of animals. There is a strong push from many groups to make that shelter and others in ... (Source: WGNtv.com 2010-09-01T11:37:04Z)

Vocus Communications Selects Arbor Networks for Distributed Denial of Service ...

Arbor Networks, Inc., a leading provider of network security and management solutions for converged carrier networks and next-generation data centers, announced today that Vocus Communications, a provider of ... (Source: msnbc.com 2010-08-31T22:58:17Z)

2nd UPDATE: 3M Agrees To Acquire Cogent For About $943 Million

NEW YORK -(Dow Jones)- 3M Co. (MMM) agreed to acquire Cogent Inc. (COGT) in a deal valued at $943 million, although it will only pay $430 million to account for the fingerprint-identification systems maker's large ... (Source: NASDAQ 2010-08-30T15:42:49Z)

Cogent (COGT) Acquired By 3M (MMM) For $10.50/Share

Cogent Inc. (NASDAQ: COGT ) said Monday that it has agreed to be acquired by diversified manufacturer 3M Co. (NYSE: MMM ) in a deal worth more than $900 million. According to the terms of the deal, 3M will pay $10.50 ... (Source: StreetInsider.com 2010-08-30T13:19:39Z)

TECH STOCKS: M&A Deals Take Tech Sector Spotlight

Tech stocks were active Monday, with Hewlett-Packard Co. announcing a $10 billion stock buyback and holding the edge in the battle for 3Par Inc., while Intel Corp. slipped after unveiling its latest deal ... (Source: Smart Money 2010-08-30T15:14:11Z)

Tektronix Communications acquires Arbor Networks

Sep 01, 2010 (Datamonitor Financial Deals Tracker via COMTEX) -- Tektronix Communications, a provider of communications test and network intelligence solutions, has acquired Arbor Networks, Inc., a ... (Source: TMCnet 2010-09-01T20:55:24Z)

Gunman At Discovery Channel Dead; 3 Hostages Safe

SILVER SPRING, Md. (AP/WUSA) -- Police shot and killed an armed man who took three hostages at the Discovery Channel network's headquarters Wednesday. All of hostages escaped safely, officials said. Montgomery County ... (Source: WUSA 2010-09-02T07:46:49Z)

Jordan unearths Iron Age temple

THE Jordanian antiquities department announced overnight the discovery of a 3000-year-old Iron Age temple boasting a trove of figurines of ancient deities and circular clay vessels used in religious rituals ... (Source: News.com.au 2010-09-01T19:22:21Z)

Independent Lawmaker Supports Australian Leader

SYDNEY, Australia —Prime Minister Julia Gillard cleared another hurdle on Thursday in her bid to break Australia 's first parliamentary deadlock in 70 years, winning the tentative support of a key ... (Source: New York Times 2010-09-02T08:08:17Z)

Consortium of investors sells Arbor Networks to Tektronix Communications

Sep 01, 2010 (Datamonitor Financial Deals Tracker via COMTEX) -- A consortium of investors has sold Arbor Networks, Inc. to Tektronix Communications, a provider of communications test and network ... (Source: TMCnet 2010-09-01T20:55:24Z)

Mediating Powers 'Set To Oppose Pro-Azeri UN Resolution'

BRUSSELS (RFE/RL)–The United States, Russia and France will likely vote against a resolution on the Nagorno-Karabakh conflict which Azerbaijan is trying to push through the UN General Assembly, a Brussels-based pro ... (Source: Asbarez News 2010-09-01T19:15:12Z)

Gunman had long grudge against Discovery Channel

SILVER SPRING, Md. -- A gunman who police shot to death after he took hostages at Discovery Channel headquarters said he hated the company's television shows because he claimed they promoted population ... (Source: Forbes 2010-09-02T09:12:43Z)

LifePoint completes $145M Sumner Regional deal

BRENTWOOD, Tenn. — Hospital operator LifePoint Hospitals Inc. said Wednesday it completed its previously announced purchase of Sumner Regional Health Systems for $145 million plus working capital. Sumner ... (Source: msnbc.com 2010-09-02T06:49:33Z)

Discrepancy deals blow to Australian party's chances

CANBERRA, Australia • Australia's opposition Liberal Party had overstated national savings from its election promises by up to 10.6 billion Australian dollars ($9.7 billion), according to official ... (Source: St. Louis Post-Dispatch 2010-09-02T04:55:01Z)

Police shoot Discovery Channel gunman; 3 hostages escape

SILVER SPRING, Md. (AP)- A man who railed against the Discovery Channel's environmental programming for years burst into the company's headquarters with at least one explosive device strapped to his body ... (Source: Long Beach Press-Telegram 2010-09-02T08:44:05Z)

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