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 27, 2010, 6:40 am

Airgas says it's worth more than $5.86 billion

NEW YORK (Reuters) - Industrial gas supplier Airgas Inc ( ARG.N ) said it is willing to negotiate a buyout by rival Air Products and Chemicals Inc ( APD.N ) at a price greater than $70 per share, or $5.86 billion, more than 7 percent higher than the offer ... (Source: Reuters UK 2010-10-26T22:13:21Z)

Officer: Student Slaying Seemed 'Far Out'

NEW YORK -- The suspect in a small-scale theft had something he wanted police to know, they say: He happened to be the mystery attacker who'd killed a college student, and he'd done it while watching the horror movie "Saw." But Jeromie Cancel's story ... (Source: Boston Channel 2010-10-27T10:44:58Z)

CORRECTED - UPDATE 3-Airgas says it's worth more than $70/share

NEW YORK, Oct 26 (Reuters) - Airgas Inc ( ARG.N ) signaled it is willing to negotiate a buyout by rival Air Products and Chemicals Inc ( APD.N ) for more than $70 per share, more than 7 percent higher than the offer on the table. The news came as Airgas ... (Source: Reuters India 2010-10-26T21:51:52Z)

Icahn Launches Additional Offer For MGM Debt

Activist investor Carl Icahn launched another offer to buy debt from Metro-Goldwyn-Mayer Inc. holders as he moves to further build his stake, potentially allowing him to block a deal between the company and Spyglass Entertainment. Icahn, who holds a one ... (Source: Wall Street Journal 2010-10-26T17:55:39Z)

30 Congolese deportees 'gang-raped by Angolan officials in dungeon'

Lusaka (Angola), Oct. 27 : At least 30 women were kept as prisoners in a dungeon-like structure and gang-raped over several weeks at the Congo and Angola border before being left naked in scrubland. According to The Scotsman, the United Nations Office for ... (Source: New Kerala 2010-10-27T12:03:42Z)

Smartmatic Appoints Gilles Souche as New President for Europe, Middle East and Africa

"We are very pleased to have added Gilles to our managerial team. His strong sales knowledge, as well as his experience working in the region, make him a valuable asset to help us succeed in our strategic objectives which include attaining a stronger ... (Source: PR Inside 2010-10-27T00:57:59Z)

Icahn increases pressure on MGM, launches new tender offer to take control of company

Carl Icahn is turning up the heat on Metro-Goldwyn-Mayer's creditors to reject the Spyglass Entertainment management plan and merge the financially hobbled studio with Lions Gate Entertainment. The billionnaire investor on Tuesday launched a new tender ... (Source: Los Angeles Times 2010-10-26T19:50:11Z)

Prison official: Conn. killer tried to murder jail guard

N EW HAVEN, Conn. — A man convicted of killing a woman and her two daughters in a 2007 home invasion threatened to kill a correction officer in March, saying he had nothing to lose, a former prison official testified Monday. Frederick Levesque testified ... (Source: Boston Herald 2010-10-26T17:12:42Z)

Man Could Be Connected To Robbery Spree

Lexington is hit with five armed robberies, all within hours of each other. And now, Lexington police say they believe one man is responsible for all five of those robberies. Police have released a surveillance picture. It was taken from a discount tobacco ... (Source: WTVQ 2010-10-27T10:09:10Z)

Putin in Ukraine to discuss energy and trade

Kiev - Russian Prime Minister Vladimir Putin praised Ukraine's Moscow-leaning president in Kiev Wednesday, whilst in the capital for talks on energy and trade with the former Soviet republic. Putin met with Ukrainian President Viktor Yanukovych to discuss ... (Source: Earthtimes 2010-10-27T12:46:39Z)

EMEA debt restructurings surge, U.S. deals dry up

LONDON, Oct 11 (Reuters) - Debt restructuring deals across Europe, the Middle East and Africa (EMEA) have surged this year as long-running negotiations came to fruition, just as specialists predict a new wave of such deals in the region. The pick-up in ... (Source: Reuters 2010-10-11T14:45:51Z)

Officer: Account of NYC slaying while watching 'Saw' seemed 'far out'

NEW YORK — A New York City police officer says he initially thought a man was just bragging by saying he'd killed a college student from Massachusetts while watching the horror movie "Saw." The man was a theft suspect at the time but was charged with ... (Source: Grand Forks Herald 2010-10-27T01:48:06Z)

Defense for Conn. horror slayer use partner's jail journals in attempt to mititgate Hayes' responsibility

NEW HAVEN, Conn. -- The other guy is worse, home invasion monster Steven Hayes is arguing on day two of proceedings to determine if he is put to death. Hoping their client will look good by comparison -- and thereby dodge the needle -- lawyers for the ... (Source: New York Post 2010-10-19T18:18:16Z)

Airgas Still Against Air Products Offer Despite New Directors

NEW YORK (Dow Jones)--Airgas Inc. (ARG), in repeating its case against a hostile bid from Air Products & Chemicals Inc. (APD), emphasized the solidarity of its board, which includes three new directors whom Air Products got elected last month. The new ... (Source: Wall Street Journal 2010-10-26T18:09:58Z)

U.N.: Women held, raped for weeks

Kinshasa, Congo -- At least 30 women were kept as prisoners in a dungeon-like structure and gang-raped over multiple weeks at the Congo and Angola border before being left in the bush without their clothes, an international aid agency said Tuesday. The ... (Source: News-Leader.com 2010-10-27T10:52:07Z)

Man Arrested Wednesday Suspect In 5 Robberies

LEX 18 has confirmed that the man arrested early Wednesday morning was in fact the suspect in five robberies on Tuesday. Police arrested Larry E. Harless, 39, around 3 a.m. at the Terrace View apartments off Versailles Road. Police charged him with five ... (Source: msnbc.com 2010-10-27T12:39:30Z)

Jerry A. Greenberg Rejoins Board of Directors at Sapient

BOSTON - (Business Wire) Sapient (NASDAQ: SAPE) announced today that the company's board of directors has re-appointed Jerry A. Greenberg as a director. Greenberg served as co-chief executive officer and co-chairman of the board from 1990 to 2006 ... (Source: Earthtimes 2010-10-27T13:15:17Z)

Officer: I didn't initially believe man's account of killing NYC student during horror film

NEW YORK - A police officer says he initially thought a man was just bragging by saying he'd killed a New York City college student while watching the horror movie "Saw." The man was a theft suspect at the time but was charged with murder after the officer ... (Source: Minneapolis Star Tribune 2010-10-26T19:43:01Z)

Cyanotech Chairman Gregg Robertson Resigns

Cyanotech Corporation (Nasdaq Capital Market: CYAN) today announced that Gregg Robertson, age 76, Chairman of the Board of Directors, has resigned. Mr. Robertson has been a director of the company since 2004. David I. Rosenthal, Interim President and CEO ... (Source: PR Inside 2010-10-27T12:10:52Z)

Distressed Deals Alluring for Shariah Funds: Islamic Finance

Oct. 27 (Bloomberg) -- Islamic private equity funds in the Persian Gulf plan to take advantage of lower asset prices after the property market in Dubai tumbled as much as 50 percent from its peak in 2008. "We want to take advantage of massive ... (Source: BusinessWeek 2010-10-27T12:46:39Z)

Police Release Photo of Robbery Suspect

Not once, not twice, but five times Tuesday police say the same man robbed different stores across the city. In fact, he hit up Discount Tobacco on North Broadway twice, once in the morning and again around 7 p.m. The unusual crime spree started at an ... (Source: msnbc.com 2010-10-27T09:11:54Z)

Witness: Jail violence unlikely from Conn. convict

Even though he threatened to kill a correction officer seven months ago, a Connecticut man convicted in a deadly home invasion is unlikely to commit serious violence if he spends his life in prison, a defense expert testified Tuesday. A New Haven jury ... (Source: AP - msnbc.com 2010-10-26T21:51:52Z)

Russia-Ukraine trade reaches pre-crisis level - Putin

KYIV. Oct 27 (Interfax) - The normalization of Ukrainian-Russian relations has had a positive impact on business cooperation between the neighboring countries, Russian Prime Minister Vladimir Putin said. "As a result of this policy, which you [the ... (Source: Interfax Information Agency 2010-10-27T12:10:52Z)

Congo rape dungeon horror

At least 30 women were kept as prisoners in a dungeon-like structure and gang-raped over multiple weeks at the Congo and Angola border before being left in the bush without their clothes, an international aid agency says. The United Nations Office for the ... (Source: Stuff 2010-10-26T21:08:55Z)

Former gas deals with Russia contradict Ukrainian laws

KIEV, Oct. 27 (Xinhua) -- Ukraine wants to renegotiate gas agreements struck by a previous government with Russia due to changed circumstances that make the deal inconsistent with current Ukrainian law. "The market realities have changed, so the basic ... (Source: Xinhua News Agency 2010-10-27T12:25:11Z)

NHL talks for new television deals look promising

NEW YORK -- The NHL capped last season with its best television rating for a game in 36 years. League officials think they can do even better. That conviction will help guide the NHL's negotiations for its next TV contracts. Deals with NBC and Versus ... (Source: CBS Sports 2010-10-26T23:03:27Z)

NHL officials are optimistic entering talks for new TV deals

NEW YORK — The NHL capped last season with its best television rating for a game in 36 years. League officials think they can do even better. That conviction will help guide the league's negotiations for its next TV contracts. Deals with NBC and Versus ... (Source: Seattle Times 2010-10-27T04:54:13Z)

NHL enters negotiations for new TV deals flying high, hoping to climb higher

NEW YORK — The NHL capped last season with its best television rating for a game in 36 years. League officials think they can do even better. That conviction will help guide the NHL's negotiations for its next TV contracts. Deals with NBC and Versus ... (Source: Washington Examiner 2010-10-27T04:11:16Z)

2nd UPDATE: Icahn Launches Additional Offer For MGM Debt

NEW YORK (Dow Jones)--Billionaire investor Carl Icahn launched a tender offer to buy out bondholders of Metro-Goldwyn-Mayer Inc. for 53 cents on the dollar, sweetening a previous offer he had made in an effort to block a deal that would turn over ... (Source: Wall Street Journal 2010-10-26T20:47:27Z)

CommScope Announces Third Quarter 2010 Results

CommScope, Inc., a global leader in infrastructure solutions for communications networks, reported sales of $821.9 million and net income of $50.6 million, or $0.49 of earnings per diluted share, for the quarter ended September 30, 2010. The reported net ... (Source: MSN Money 2010-10-27T11:06:26Z)

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