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 / October 13, 2010, 10:40 pm

Lions Gate Entertainment proposes to combine with MGM, gets financier Carl Icahn's support

NEW YORK (AP) — Lions Gate is offering to combine its business with MGM in a deal supported by billionaire investor Carl Icahn, who owns stakes in both studios. Lions Gate Entertainment Corp. said Tuesday it has sent a proposal for a combination with ... (Source: Chicago Tribune 2010-10-12T12:00:01Z)

Weakening Paula takes aim at Cuba

HAVANA, Cuba - Hurricane Paula weakened Wednesday afternoon on a rain-drenching crawl toward the lush tobacco-growing farmlands of western Cuba, threatening to inundate an area still seeking to recover from three major hurricanes in 2008. At 5 p.m., Paula ... (Source: Herald Tribune 2010-10-14T05:02:28Z)

Lions Gate execs call MGM merger 'natural fit'

SANTA MONICA, Calif. -- Lions Gate Entertainment Corp. executives on Wednesday called the company's proposed merger with struggling Metro-Goldwyn-Mayer Studios Inc. a "once-in-a-lifetime opportunity" that would cut costs as it neatly melds complementary ... (Source: Forbes 2010-10-14T02:03:31Z)

Henry-led group close to Liverpool deal after court clears way

LONDON -- Boston Red Sox owner John Henry arrived at a hastily called meeting of Liverpool's board of directors Wednesday, hoping to complete a takeover of the Premier League club after a British court cleared the way for a sale. The board meeting in ... (Source: CBS Sports 2010-10-14T05:23:57Z)

Associated Estates Realty Corp. buys apartment community near Dallas

Associated Estates Realty Corp. (NYSE: ACE) continues to enter new markets outside Ohio with its acquisition of San Raphael, a Class A apartment community located in Dallas, Texas. The real estate investment trust based in Richmond Heights said the 222 ... (Source: Crain's Cleveland Business 2010-10-13T12:41:47Z)

WSJ: Verizon's iPhone due early in 2011

The Wall Street Journal's online edition says that Apple's exclusive deal with AT&T will end by early next year, and that Verizon will start offering its own version of the iPhone: Apple Inc. plans to begin mass producing a new iPhone by the end of 2010 ... (Source: Philadelphia Daily News 2010-10-06T23:27:10Z)

O'Donnell, Coons square off in feisty Senate debate

NEWARK, Del.— Trailing by double-digits in most polls, Republican Senate candidate Christine O'Donnell went on the offensive Wednesday, attacking Democrat Chris Coons as a career politician with Marxist views who would raise taxes and rubber-stamp ... (Source: Boston Globe 2010-10-14T05:31:06Z)

Water Managers, U.S. Sugar Close On Land Deal

WPBF.com Florida is now the proud owner of U.S. Sugar land. The South Florida Water Management District on Tuesday closed on a deal to buy nearly 27,000 acres of land in Palm Beach and Hendry counties from U.S. Sugar for about $197.4 million. Land surveys ... (Source: msnbc.com 2010-10-13T00:45:57Z)

Christine O'Donnell, Chris Coons spar in Delaware debate

NEWARK, Del. - Republican Senate candidate Christine O'Donnell, the tea-party sensation, questioned Democratic opponent Chris Coons' patriotism in a nationally televised debate Wednesday evening, calling him a Marxist who would "rubber-stamp" the ... (Source: Philadelphia Daily News 2010-10-14T03:15:06Z)

Pfizer Buys King Pharmaceuticals for $3.6 Billion

NEW YORK—Pfizer Inc., the world's biggest pharmaceutical company, announced a $3.6 billion deal to purchase King Pharmaceuticals Inc., the Bristol, Tenn.-based maker of pain medicines. The deal valued King's shares at $14.25 per share, a 40 percent ... (Source: The Epoch Times 2010-10-12T20:35:25Z)

Soccer-Liverpool plan to complete sale to NESV

LONDON Oct 13 (Reuters) - Liverpool's board resolved to complete the sale of the Premier League club to New England Sports Ventures (NESV) on Wednesday, the club said in a statement. Owners Tom Hicks and George Gillett obtained a temporary restraining ... (Source: Reuters 2010-10-13T22:50:14Z)

Weakening Hurricane Paula's effect likely minimal in Tampa Bay area

Hurricane Paula weakened Wednesday on a rain-drenching crawl toward the lush tobacco-growing farmlands of western Cuba, threatening to inundate an area still seeking to recover from three major hurricanes in 2008. At 11 p.m. EDT, Paula remained a Category ... (Source: Tampa Bay Online 2010-10-14T03:07:56Z)

Pfizer to Buy King Pharmaceuticals for $3.6 Billion

Pfizer agreed on Tuesday to buy King Pharmaceuticals , a maker of pain medication, for $3.6 billion in cash, in the giant drug maker's first major deal since its blockbuster purchase of Wyeth last year. Under the terms of the deal agreement, Pfizer will ... (Source: New York Times Blogs 2010-10-12T12:21:30Z)

Hurricane Paula weakens as it heads toward Cuba

HAVANA — Hurricane Paula weakened Wednesday on a rain-drenching crawl toward the lush tobacco-growing farmlands of western Cuba, threatening to inundate an area still seeking to recover from three major hurricanes in 2008. Paula remained a Category 1 ... (Source: Seattle Times 2010-10-14T04:12:22Z)

Republic Airways CEO works as flight attendant in 'Undercover Boss'

While overseeing the merger of two airlines, Republic Airways Holdings Inc. CEO Bryan Bedford donned a toupee, put on a flight attendant's uniform, and went undercover to hear and see what his employees are saying. He got a close look at how some workers ... (Source: Milwaukee Journal Sentinel 2010-10-14T04:19:31Z)

Republic's Frontier May Seek Marketing Deal With Major Airline

Frontier Airlines, a unit of Republic Airways Holdings Inc. , may seek a marketing agreement with a major carrier as industry collaboration expands, Republic Chief Executive Officer Bryan Bedford said. Bedford declined to offer specifics during a telephone ... (Source: Bloomberg 2010-10-11T18:34:55Z)

Apple Readies Verizon iPhone

AT&T Inc. is about to lose its lock on the iPhone. Apple Inc. is making a version of its iPhone that Verizon Wireless will sell early next year, according to people familiar with the matter, ending an exclusive deal with AT&T and sharpening the competition ... (Source: Wall Street Journal 2010-10-07T03:37:43Z)

$197 million Everglades restoration land deal with U.S. Sugar completed

Done deal. A $197 million taxpayer-funded deal to buy U.S. Sugar Corp. farmland for Everglades restoration went through Tuesday after more than two years of economic hurdles and legal fights. Supporters hail the latest scaled-down version of the deal as a ... (Source: Orlando Sentinel 2010-10-13T10:18:37Z)

Icahn supports Lions Gate, MGM merger

NEW YORK (Reuters) - Lions Gate Entertainment Corp has proposed merging with Metro-Goldwyn-Mayer, in a deal that would combine two Hollywood studios that have thrilled audiences with hits including "Mad Men" and "James Bond". The proposal immediately won ... (Source: Reuters 2010-10-12T14:44:40Z)

Associated Estates expands to Dallas with apartment deal

RICHMOND HEIGHTS, Ohio -- Associated Estates Realty Corp. has acquired its first property in Texas, a 222-unit apartment community in Dallas. The apartment owner and manager, based in Richmond Heights, said it has closed on the acquisition of San Raphael ... (Source: Cleveland Plain Dealer 2010-10-12T20:21:06Z)

Poll shows Democrat Coons leads GOP's O'Donnell by 19 points before their Del. Senate debate

NEWARK, Del. - A poll released just before their nationally televised debate in Delaware's Senate race shows Democrat Chris Coons with a big lead over Republican tea party favorite Christine O'Donnell. The CNN/Time poll released Wednesday shows Coons ... (Source: Minneapolis Star Tribune 2010-10-14T03:00:47Z)

Verizon's Android Success Augurs Well for Its iPhone

Verizon Wireless's embrace of Google Inc.'s Android operating system did more than provide the carrier with devices to compete with the iPhone. It also gave the company experience dealing with the data hogs who can hobble a wireless network. That ... (Source: Wall Street Journal 2010-10-13T21:38:39Z)

Addison's San Raphael acquired

Real estate investment trust Associated Estates Realty Corp. has acquired San Raphael, a Class A apartment complex located near the Galleria in Addison. The 222-unit property is 11 years old. Richmond Heights, Ohio-based Associated Estates did not disclose ... (Source: Dallas Business Journal 2010-10-12T23:12:54Z)

USC Drops the Second Straight Week by Last Second Field Goal

For the second straight week, USC's defense couldn't keep their opponents from a last minute drive down and a game ending field goal. And, of course, they couldn't help from shooting themselves repeatedly in the foot along the way. Nate Whitaker, Stanford ... (Source: msnbc.com 2010-10-10T23:15:16Z)

USC versus Stanford....What is Your deal???

So Stanford Cardinal is 10 point favorites against our Trojans.. no problem... expect USC to be ready for the third best QB in the Pac 10 (the Conference of quarterbacks!) Matt Barkley, the nation's top I'll have to check the stats to be sure, but I don't ... (Source: CBS Sports 2010-10-09T20:24:40Z)

King Pharmaceuticals bought by Pfizer for $3.6B in Cash

Tuesday, Pfizer Inc., the world's largest drug maker in sales, agreed to buy King Pharmaceuticals Inc. for $3.6 billion in cash. The proposal was $14.25 a share which has a 40% premium to Monday's closing price. Tuesday's market price for King rose 39.5% ... (Source: Gather.com 2010-10-12T19:09:31Z)

Frontier Airlines to Provide Travelers With Flexibility in Advance of Hurricane Paula

DENVER-- (BUSINESS WIRE) -- In response to the potential impact of Hurricane Paula, Frontier Airlines has put the following travel policy guidelines into place for customers scheduled to travel to or from Cancun (CUN) on Oct. 13-14, 2010, and who purchased ... (Source: SmartBrief 2010-10-12T20:13:57Z)

Everglades Land Deal Closes Important Step to Store and Treat Everglades Water

Tallahassee, FL - October 13 - The South Florida Water Management District today closed on the initial River of Grass land acquisition with U.S. Sugar. The deal will set aside nearly 27,000 acres of former Everglades land, now used for agriculture, for ... (Source: Common Dreams 2010-10-13T16:16:32Z)

USC adds Stanford loss to the waste line

USC hung tough. The Trojans matched No. 16 Stanford blow for blow. But with a chance to perhaps change the course of the season, and maybe the program, the Trojans' defense again failed to finish Saturday night. Stanford quarterback Andrew Luck engineered ... (Source: Chicago Tribune 2010-10-11T00:48:20Z)

Liverpool sale headed for another court battle

L ONDON — Liverpool's proposed sale to the owners of the Boston Red Sox [ team stats ] was stymied Wednesday when its current American owners obtained an injunction in Texas blocking the deal — just as it was about to be approved. Co-owners Tom Hicks ... (Source: Boston Herald 2010-10-14T04:05:12Z)

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