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 29, 2010, 1:40 am

Anti-hunger campaign to sponsor Jeff Gordon

CHARLOTTE, N.C. -- Four-time NASCAR champion Jeff Gordon will be sponsored next season by an anti-hunger campaign coordinated through the AARP Foundation. The multiyear deal will be announced Wednesday by Hendrick Motorsports. A person familiar with ... (Source: Delaware Online 2010-10-26T16:29:45Z)

Resident Evil Dude Joins Bethesda

ZeniMax / Bethesda have announced that game designer and director, Shinji Mikami, has joined ZeniMax in a deal where ZeniMax has acquired Mikami's Tango Gameworks. Shinji Mikami is best known as the creator of the Resident Evil series, and he's a 20-year ... (Source: Ve3d.com 2010-10-28T19:40:39Z)

Walmart rethinks $4.6bn Massmart deal

Walmart , the world's biggest retailer by sales, is reconsidering a planned $4.6bn takeover offer for Massmart , in a bid to win over major shareholders of South Africa's third-biggest retailer. The US retailer last month made a non-binding offer to ... (Source: Financial Times 2010-10-28T14:04:13Z)

South Africa : Massmart Takeover 'Safe' Despite Wal-Mart's Pull-Back

Johannesburg — US MASS retailer Wal-Mart yesterday suggested it might make a partial offer rather than a total take-out bid for local retailer Massmart, in a move that suggests shareholders are reluctant to part entirely with the company, which has high ... (Source: AllAfrica.com 2010-10-29T07:43:38Z)

Montgomerie says Portuguese weather could suit 2018 Ryder

Victorious Ryder Cup captain Colin Montgomerie said that Portugal's fine weather could suit the event when it comes to Europe in 2018, after heavy rain marred this year's edition. Monty's men narrowly triumphed over the United States in soggy conditions at ... (Source: Big Hollywood 2010-10-29T07:36:29Z)

MGM Studio Said to Support Spyglass Plan Over Lions Gate Deal

Metro-Goldwyn-Mayer Inc. recommended creditors back a plan for Spyglass Entertainment to run the film studio over a competing bid from Lions Gate Entertainment Corp. , a person with knowledge of the situation said. The Spyglass plan, which would include a ... (Source: Bloomberg 2010-10-26T01:27:48Z)

AP briefs: High-Speed Rail-Upstate | NY Governor's Race | NY Budget Hearings | Bat Die-off ...

NYS getting another $28M for upstate rail projects. Cuomo up 20 points in poll. Paterson administration plans budget hearings after election. Feds: Coordinate efforts to battle bat disease. Elks Lodge officer admits stealing more than $25K. ALBANY, N.Y ... (Source: North Country Public Radio 2010-10-28T13:42:44Z)

Person familiar with deal tells AP: Anti-hunger campaign to sponsor Gordon's car next season

CHARLOTTE, N.C. - Four-time NASCAR champion Jeff Gordon will be sponsored next season by an anti-hunger campaign coordinated through the AARP Foundation. The multiyear deal will be announced Wednesday by Hendrick Motorsports. A person familiar with ... (Source: Minneapolis Star Tribune 2010-10-28T09:32:12Z)

Citigroup banker explains memory lapse in EMI deal

A Citigroup banker who went to the opera with the founder of a British private equity firm long after it purchased music company EMI in 2007 said Wednesday he was shocked when the firm sued him last year over the deal, claiming he was tricked into ... (Source: AP - msnbc.com 2010-10-27T22:47:57Z)

Gordon drives to 'end hunger'

CONCORD, N.C. — Rick Hendrick never panicked as the season stretched on and he still didn't have a sponsorship deal for Jeff Gordon. Why? Because he always had a contingency plan to fall back on. It gave him the ability to be discerning when it came to ... (Source: News-Sentinel 2010-10-28T13:49:54Z)

Bat roundup: Relocating in Cocoa Beach, and a federal proposal to deal with fatal white-nose ...

Now comes this news from the U.S. Fish and Wildlife Service , about a fatal bat ailment: White-nose syndrome has killed more than a million bats in the Northeast and has spread to 11 or more states in less than four years since its discovery near Albany, N ... (Source: Orlando Sentinel (blog) 2010-10-28T20:23:36Z)

Fight bat die-off, plan urges

ALBANY — Federal wildlife officials are proposing a coordinated national effort to fight a disease decimating bat populations before there are "irreversible losses." The draft plan outlining ways officials can work together to check the spread of ... (Source: Daily Freeman 2010-10-28T06:26:05Z)

Lululemon moves to bigger store in Hill Center

A dozen women wearing stretchy black pants and tank tops with scarves and cowboy boots have taken root in the Green Hills Hill Center and are inspiring a sense of community. Yoga-inspired apparel company lululemon athletica celebrated the grand opening of ... (Source: Nashville Tennessean 2010-10-28T18:21:55Z)

Massmart takeover 'safe' despite Wal-Mart's pull-back

US MASS retailer Wal-Mart yesterday suggested it might make a partial offer rather than a total take- out bid for local retailer Massmart , in a move that suggests shareholders are reluctant to part entirely with the company, which has high growth ... (Source: Business Day South Africa 2010-10-29T04:16:03Z)

First Quantum To Buy Antares For $451M

First Quantum Minerals is planning to acquire Canadian exploration company, Antares Minerals , for about $450.8 million. A wholly-owned subsidiary of First Quantum will buy all of the outstanding securities of Antares in a cash and stock deal, expected to ... (Source: Emii.com 2010-10-19T18:25:25Z)

Chavez signs green energy deal with Portugal

LISBON, Portugal— Venezuelan President Hugo Chavez signed agreements with Portugal on Sunday for the development of renewable energy projects which he expects will one day replace his country's dominant oil industry. Portugal, which has no oil or coal ... (Source: Boston Globe 2010-10-25T02:40:34Z)

UPDATE 1-Citigroup banker denies giving EMI bid detail

NEW YORK, Oct 27 (Reuters) - Citigroup Inc ( C.N ) banker David Wormsley denied on Wednesday giving bid details for EMI to Terra Firma buyout house chief Guy Hands, who accuses the banker of lies that led him to pay too much for the music company in 2007 ... (Source: Reuters 2010-10-27T20:24:47Z)

Portuguese police bust British cannabis ring

Lisbon - Portuguese police have detained four Britons suspected of cultivating cannabis in Portugal and smuggling it to northern Britain, media reports Thursday quoted police sources as saying. The four, all of whom had criminal records, were between 24 ... (Source: Earthtimes 2010-10-28T15:51:35Z)

Iverson to announce deal with Turkish team

Allen Iverson is officially bound for Turkey. A media advisory sent last night said the former 76ers star agreed in principle to a 2-year, $4 million contract with Besiktas, a professional team in Turkey. He is expected to sign his contract this weekend ... (Source: Philadelphia Daily News 2010-10-29T08:12:16Z)

ZeniMax acquired Tango Gameworks - Celebrated Game Developer Shinji Mikami Joins ...

ZeniMax Media Inc., parent company of noted game publisher Bethesda Softworks, today announced acclaimed game designer and director, Shinji Mikami, has joined ZeniMax in a deal where ZeniMax acquired Tango Gameworks, the development shop founded and run by ... (Source: Game Info Wire 2010-10-28T22:18:08Z)

Report: Iverson set to sign with Turkish team

Former NBA star Allen Iverson has reportedly agreed in principle to a contract to play in Turkey and is expected to sign the deal this weekend. The Philadelphia Daily News reported that a media release said Iverson has agreed to a two-year, $4 million ... (Source: Kansas City Star 2010-10-29T07:36:29Z)

Iverson agrees deal with Turkey's Besiktas

Allen Iverson has agreed in principle to a $4 million, two-year contract with the Turkish professional basketball team Besiktas. Iverson is expected to officially sign with the club this weekend and will begin his overseas career the week of Nov. 8. His ... (Source: USA Today 2010-10-29T07:00:41Z)

Jeff Gordon in AARP sponsorship deal for 'Drive to End Hunger' campaign

CONCORD, N.C. - Rick Hendrick never panicked as the season stretched on and he still didn't have a sponsorship deal for Jeff Gordon. Why? Because he always had a contingency plan to fall back on. It gave him the ability to be discerning when it came to the ... (Source: Minneapolis Star Tribune 2010-10-28T09:32:12Z)

J. Gordon gets AARP as sponsor for next three years

CONCORD, N.C. -- Rick Hendrick never panicked as the season stretched on and he still didn't have a sponsorship deal for Jeff Gordon . Why? Because he always had a contingency plan to fall back on. It gave him the ability to be discerning when it came to ... (Source: CBS Sports 2010-10-27T23:09:26Z)

Stryker Corp. to buy Boston Scientific division for up to $1.5 billion

The Kalamazoo, Mich., company plans to pay $1.4 billion at the deal's closing and then up to $100 million in milestone payments. The deal is expected to close in the fourth quarter. Boston Scientific's neurovascular division had $348 million in sales last ... (Source: ModernHealthcare.com 2010-10-28T03:55:45Z)

Stryker Corp. to buy Boston Scientific division

Stryker Corp. said Thursday it will pay up to $1.5 billion to buy the neurovascular division of fellow medical device maker Boston Scientific. Boston Scientific shares jumped in pre-market trading on the news. Stryker plans to pay $1.4 billion at the deal ... (Source: AP - msnbc.com 2010-10-28T13:28:25Z)

Jeff Gordon has 3-year sponsorship deal

CONCORD, N.C. -- Jeff Gordon will be sponsored next season by the AARP Foundation's "Drive To End Hunger" campaign. The four-time NASCAR champion said the sponsorship agreement is for three years. The cause-related sponsorship is the first of its kind to ... (Source: ESPN.com 2010-10-27T16:28:34Z)

Kalamazoo company Stryker Corp. to buy Boston Scientific division

KALAMAZOO, Mich. (AP) -- Stryker Corporation says it will pay up to $1.5 billion to buy the neurovascular division of fellow medical device maker Boston Scientific. The Kalamazoo, Mich., company plans to pay $1.4 billion at the deal's closing and then up ... (Source: WZZM 13 2010-10-28T17:03:10Z)

Citigroup executive testifies in NYC he can't recall many details about his work on EMI deal

NEW YORK (AP) — A Citigroup banker accused of tricking a British private equity firm into paying too much for music company EMI had a forgetful day on the witness stand in New York City as he tried to recall his role in the acquisition. Citigroup ... (Source: Chicago Tribune 2010-10-27T00:22:12Z)

'Resident Evil' creator joins Bethesda Softworks

The father of the Resident Evil series has reached a deal to develop games for Fallout publisher Bethesda Softworks, parent company ZeniMax announced. As part of the deal, ZeniMax will acquire Tango Gameworks, the studio started by game designer Shinji ... (Source: USA Today 2010-10-28T10:15:09Z)

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