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, 7:40 pm

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 and ... (Source: Boston Herald 2010-10-14T00:30:27Z)

AEG explores downtown plan for NFL

The president and CEO of AEG, the company that owns LA Live and Staples Center, said Tuesday that he is exploring a deal for the company to manage the adjacent Los Angeles Convention Center as part of a plan to bring an NFL team downtown. Tim Leiweke said ... (Source: Los Angeles Daily News 2010-10-13T06:15:14Z)

AOL looking into deal for Yahoo, report says

AOL executives are in discussions with several private equity firms over the possibility of trying to buy rival Internet portal Yahoo Inc., The Wall Street Journal reported Wednesday. The talks are preliminary and so far have not involved anyone from Yahoo ... (Source: msnbc.com 2010-10-14T00:01:49Z)

Done deal: Chargers will pay LT McNeill $48.5M over five years

There are no hard feelings between the San Diego Chargers and Marcus McNeill , just a contract extension. The Chargers officially announced Wednesday night that had agreed to a new deal with the two-time Pro Bowl left tackle, who missed training camp and ... (Source: NFL 2010-10-14T02:17:50Z)

163 Haitians to arrive in Senegal

DAKAR, Senegal — Senegal is one of the poorest countries in the world and its GDP is only marginally higher than Haiti's, but that hasn't stopped the government from going ahead with a plan to offer a new home to 163 victims of Haiti's catastrophic ... (Source: AP - msnbc.com 2010-10-14T00:08:59Z)

UPDATE 1-Lundbeck and Genmab sign research deal

COPENHAGEN, Oct 13 (Reuters) - Danish drugmaker Lundbeck ( LUN.CO ) and biotech company Genmab ( GEN.CO ) have entered a research collaboration agreement on developing antibody therapeutics, the companies said on Wednesday. Under the deal, Genmab will ... (Source: Reuters 2010-10-13T07:33:59Z)

AOL, buyout firms mulling bid for Yahoo

SUNNYVALE, Calif. -- Yahoo's inability to snap out of a financial funk may be about to turn the Internet company into a takeover target for the second time in less than three years. That prospect lifted Yahoo's shares by more than 10 percent in Wednesday's ... (Source: KABC 2010-10-14T00:51:56Z)

Lions Gate offers to combine with MGM

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 financially troubled ... (Source: AP - msnbc.com 2010-10-12T21:11:13Z)

Genmab, Lundbeck Ink Deal To Develop Antibody Therapeutics - Quick Facts

(RTTNews) - Genmab A/S (GEN: News ) announced an agreement to create and develop human antibody therapeutics for disorders of the central nervous system or CNS with H. Lundbeck A/S. Genmab would create novel human antibodies to three targets identified by ... (Source: RTT News 2010-10-13T06:58:11Z)

Pfizer's $3.6 Billion Deal for King Boosts Pain Focus

(Adds closing share prices in sixth paragraph.) Oct. 12 (Bloomberg) -- Pfizer Inc.'s $3.6 billion purchase of King Pharmaceuticals Inc. adds abuse-resistant narcotics to help the drugmaker expand its share of the $22 billion market for painkillers ... (Source: BusinessWeek 2010-10-12T20:21:06Z)

Lions Gate seeks MGM deal, gets Icahn's support

LOS ANGELES/NEW YORK (Reuters) - Lions Gate Entertainment Corp has proposed merging with Metro-Goldwyn-Mayer in a deal valuing one of Hollywood's oldest movie studios at $1.6 billion to $1.8 billion, a source familiar with Lions Gate's strategy said. The ... (Source: Reuters 2010-10-13T05:10:49Z)

AEG chief says company would manage LA convention centre in NFL stadium plan

LOS ANGELES, Calif. - The president and CEO of AEG, the company that owns LA Live and Staples Center, said Tuesday that he is exploring a deal for the company to manage the adjacent Los Angeles Convention Center as part of a plan to bring an NFL team to ... (Source: Prince Edward Island Guardian 2010-10-13T01:14:35Z)

Lions Gate - MGM deal in the works

NEW YORK — 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 today that it has sent a proposal for a combination with ... (Source: Oregonian 2010-10-12T14:44:40Z)

Yahoo focus of takeover rumor by AOL -- report

Persistent reports that AOL and several private equity firms are preparing a bid to buy Yahoo and take it private may indicate that the independence of one of Silicon Valley's most famous brands is in question once again, although experts said there are ... (Source: San Jose Mercury News 2010-10-14T02:10:40Z)

Liverpool sale to Red Sox owners headed for another court battle

LONDON (AP) — Liverpool 's proposed sale to the owners of the Boston Red Sox 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 and George ... (Source: USA Today 2010-10-14T00:08:59Z)

Lundbeck and Genmab Team up in €7.5 Up Front Antibody Therapeutics Deal

Lundbeck is paying Genmab €7.5 million (roughly $10.5 million) up front as part of a collaboration agreement to develop antibody therapeutics for CNS disorders. Under terms of the collaboration Genmab will generate antibodies against three Lundbeck ... (Source: Genetic Engineering News 2010-10-13T12:27:28Z)

Chargers holdout McNeill agrees to five-year deal

SAN DIEGO -- Chargers left tackle Marcus McNeill has agreed to a five-year contract extension through 2015 believed to be worth $48.5 million, with $24.5 million guaranteed. McNeill said after practice Wednesday that the sides were still tweaking the deal ... (Source: CBS Sports 2010-10-14T02:03:31Z)

Yahoo shares surge on report that AOL, buyout firms may mount takeover bid

Yahoo's inability to snap out of a financial funk may be about to turn the Internet company into a takeover target for the second time in less than three years. That prospect lifted Yahoo's shares by more than 10 percent in Wednesday's after-hours trading ... (Source: Silicon Valley 2010-10-14T00:23:18Z)

AOL, Private-Equity Firms Mulling Deal to Buy Yahoo

AOL ( AOL ) executives and executives from several private-equity firms are in preliminary discussions about a potential purchase of Yahoo ( YHOO ), according to a report published late Wednesday in The Wall Street Journal that cited people with the matter ... (Source: FOXBusiness 2010-10-13T23:33:11Z)

Pfizer will buy King Pharmaceuticals for $3.6 billion

Pfizer Inc. said Tuesday it would buy King Pharmaceuticals Inc. , which specializes in pain drugs, in a $3.6-billion deal meant to shore up the portfolio of the world's largest drug company. The deal is Pfizer's largest since it bought rival Wyeth for $68 ... (Source: Los Angeles Times 2010-10-12T21:18:22Z)

163 Haitians to Arrive in Senegal, AF

DAKAR, Senegal Senegal is one of the poorest countries in the world and its GDP is only marginally higher than Haiti's, but that hasn't stopped the government from going ahead with a plan to offer a new home to 163 victims of Haiti's catastrophic ... (Source: WNCT 2010-10-14T02:10:40Z)

AOL, Firms Explore an Offer for Yahoo

AOL Inc. and several private-equity firms are exploring making an offer to buy Yahoo Inc., according to people familiar with the matter, devising a bold plan to marry two big Internet brands facing steep challenges. Silver Lake Partners and Blackstone ... (Source: Wall Street Journal 2010-10-14T02:03:31Z)

U.S. Says Israel, Palestinian Deal Still Possible Within a Year

Oct. 12 (Bloomberg) -- Israelis and Palestinians can still reach a final peace agreement, even with the current impasse over extending an Israeli settlement moratorium, a U.S. official said today. "We believe this can be resolved in a year's time ... (Source: BusinessWeek 2010-10-12T20:21:06Z)

Israel, Palestinian Peace Deal Possible Within Year, U.S. Says

Oct. 13 (Bloomberg) -- Israel and Palestinians can still reach a peace agreement, even with the current impasse over extending a moratorium on Israeli settlements, a U.S. official said. "We believe this can be resolved in a year's time," State ... (Source: BusinessWeek 2010-10-13T01:36:04Z)

Chargers' McNeill agrees to 5-year extension

SAN DIEGO – Chargers left tackle Marcus McNeill has agreed to a five-year contract extension through 2015 believed to be worth $48.5 million, with $24.5 million guaranteed. McNeill said after practice Wednesday that the sides were still tweaking the deal ... (Source: FOX News 2010-10-14T02:03:31Z)

Palestinians Respond to Israeli Offer on Settlements

JERUSALEM | Responding to an offer by Israeli Prime Minister Benjamin Netanyahu to extend a freeze on building in West Bank settlements if the Palestinians recognize Israel as the Jewish state, a top Palestinian official said Wednesday that such ... (Source: The Ledger 2010-10-14T01:56:21Z)

AEG would manage LA convention center in NFL plan

LOS ANGELES -- The president and CEO of AEG , the company that owns LA Live and Staples Center, said Tuesday that he is exploring a deal for the company to manage the adjacent Los Angeles Convention Center as part of a plan to bring an NFL team to downtown ... (Source: Forbes 2010-10-13T12:13:09Z)

Pfizer will buy King for $3.6B

NEW YORK -- Pfizer Inc. said Tuesday it would buy a company specializing in pain drugs in a $3.6 billion deal meant to shore up the portfolio of the world's largest drug company. The deal to buy King Pharmaceutical Inc. is Pfizer's largest since it bought ... (Source: Miami Herald 2010-10-13T04:56:30Z)

Haitian students to arrive in Senegal to take up offer of new home for quake survivors

DAKAR, Senegal - Senegal's president says he's honoring a promise to offer a home to Haitians recovering from January's catastrophic earthquake. The West African nation has chartered a special flight to bring 160 Haitian students to Senegal on Tuesday. The ... (Source: Minneapolis Star Tribune 2010-10-08T15:03:43Z)

Liverpool owners block sale with US court order

LONDON (AFP) – Liverpool's American owners have blocked the sale of the English football giants to the owners of baseball's Boston Red Sox with a temporary restraining order granted by a US court, their lawyers said. Tom Hicks and George Gillett revealed ... (Source: YAHOO! 2010-10-14T02:32:09Z)

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