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Deals of the Hour / November 10, 2010, 3:41 pm

Chevron to buy Atlas Energy for $3.2 billion in cash and stock

Chevron will buy natural gas producer Atlas Energy Inc. in a cash-and-stock deal worth $3.2 billion, the companies said Tuesday. Including debt of about $1.1 billion, the deal is worth $4.3 billion in all. Chevron Corp., based in San Ramon, Calif., is the ... (Source: Los Angeles Times 2010-11-09T14:40:05Z)

ExpressJet shareholders agree to SkyWest merger

ExpressJet Holdings shareholders have voted to approve the carrier's merger with SkyWest Inc., ExpressJet said Wednesday. It said it expects the merger to close on Friday. ExpressJet and SkyWest announced Aug. 4 that SkyWest would buy ExpressJet for $6.75 ... (Source: Dallas Morning News (blog) 2010-11-10T21:55:33Z)

With Plea Deal, Sex Offender Admits to Killing Riley Fox

A convicted sex offender arrested in May after DNA evidence linked him to the death of a little girl was sentenced to life without parole Tuesday after negotiating a plea deal with prosecutors. Scott Eby's plea deal, accepted by Will County Judge Richard ... (Source: msnbc.com 2010-11-10T22:45:40Z)

ExpressJet holders approve purchase by SkyWest

ATLANTA (Reuters) - ExpressJet Holdings Inc ( XJT.N ) on Wednesday said its shareholders approved its proposed acquisition by rival SkyWest Inc ( SKYW.O ), a deal that would make the combined carrier a top provider of regional flights to the world's ... (Source: Reuters 2010-11-10T22:45:40Z)

BRIEF: Dollar Financial unit buys 9 Canadian stores

Nov 10, 2010 (The Philadelphia Inquirer - McClatchy-Tribune Information Services via COMTEX) -- Dollar Financial Corp. of Berwyn said its Canadian subsidiary, National Money Mart, has acquired nine franchised stores in the province of Alberta for $130 ... (Source: MENAFN 2010-11-10T22:45:40Z)

Sara Lee to sell bakery unit to Grupo Bimbo for $959 million

Sara Lee Corp. is cutting the apron strings on its struggling North American bread-making business, agreeing to sell it to Mexican baking giant Grupo Bimbo for $959 million. The deal would make Grupo Bimbo the largest baker in the U.S. It also marks Sara ... (Source: Los Angeles Times 2010-11-10T00:27:04Z)

State deal to create 4,755 retirees

LANSING (AP) — More state workers than expected have chosen to retire by year-end, so the state will be saving more than the expected $60 million. A state spokesman said 4,755 workers will be gone by Jan. 1. About 20 percent already have left. The state ... (Source: Traverse City Record-Eagle 2010-11-10T12:22:54Z)

Chevron makes big natural gas move: Plans to buy Atlas Energy in deal worth $3.2 billion

NEW YORK (AP) — Chevron will buy natural producer Atlas Energy Inc. in a cash-and-stock deal worth $3.2 billion, the companies said Tuesday. Including debt of about $1.1 billion, the deal is worth $4.3 billion in all. Chevron Corp., based in San Ramon ... (Source: Los Angeles Times 2010-11-09T13:35:40Z)

Eisner's Vuguru to make Web videos for AOL

NEW YORK -- Internet portal site AOL Inc. said Wednesday that Vuguru, the made-for-Web production company founded by former Disney CEO Michael Eisner, will develop at least six original scripted series for the site. The company said the partnership is part ... (Source: Forbes 2010-11-10T20:43:58Z)

Deal possible in slaying of 3-year-old Riley Fox, attorney says

The man charged with the brutal 2004 rape and murder of 3-year-old Riley Fox is in negotiations with prosecutors about a deal that could have him pleading guilty Wednesday, his attorney said. Convicted sex offender Scott Eby was arrested in May after DNA ... (Source: Chicago Tribune 2010-11-10T02:28:45Z)

Meticulous Asian Games planners have to deal with 1 minor blemish to preparations

GUANGZHOU, China - Asian Games organizers have planned meticulously, ordering cars off the road to improve air quality, bombarding citizens with crowd etiquette expectations and enforcing a rigorous anti-doping campaign to avoid scandals. But somebody ... (Source: Minneapolis Star Tribune 2010-11-10T20:29:39Z)

Dollar Financial's Canadian unit buys 9 stores

Dollar Financial Corp., which provides check cashing and payday lending services, said Wednesday its Canadian subsidiary has purchased nine stores in Alberta. The company said the deal reached by National Money Mart is worth $13 million Canadian, or $12.9 ... (Source: AP - msnbc.com 2010-11-10T14:53:13Z)

Feds reopen late man's deportation case

DETROIT (AP) — The government has agreed to reopen the case of an asylum seeker who came to the U.S. from war-torn Yugoslavia 16 years ago and who was ordered deported after he was 40 minutes late to an immigration hearing, his lawyer said Tuesday. The ... (Source: Traverse City Record-Eagle 2010-11-10T12:22:54Z)

U.S. Army Corps 
to study Asian carp, other invasives

CHICAGO – The U.S. Army Corps of Engineers released a plan Tuesday to study how to prevent invasive species – including the voracious Asian carp – from migrating between the Great Lakes and Mississippi River watersheds, calling it a "massive and ... (Source: Northwest Herald 2010-11-10T11:18:28Z)

Sara Lee slims down with $959M bread sale to Bimbo

PORTLAND, Ore.— Sara Lee Corp. is cutting the apron strings on its struggling North American bread-making business, selling it to Mexican baking giant Grupo Bimbo for $959 million. The deal makes Grupo Bimbo the largest baker in the U.S. It also marks ... (Source: Boston Globe 2010-11-09T20:45:10Z)

Demi Lovato Reportedly Dating Lindsay Lohan's Ex-Boyfriend

New York, NY, United States (AHN) - Demi Lovato wasn't so alone after her split from Joe Jonas. The Disney star, who is currently in rehab to deal with her "emotional and physical" issues, has been dating "That '70s Show" star Wilmer Valderrama after her ... (Source: All Headline News 2010-11-09T16:13:09Z)

Judge cuts Oracle's SAP claim $500M

The federal judge hearing Oracle Corp.'s copyright theft claim against SAP AG has cut the potential damages the German software company could be forced to pay by $500 million, according to Information Week . U.S. District Court Judge Phyllis Hamilton 's ... (Source: Birmingham Business Journal 2010-11-10T20:29:39Z)

Ellison said Oracle had 'grave risk' from SAP deal

OAKLAND, Calif. -- Oracle CEO Larry Ellison says he was deeply worried about bleeding customers because of what seemed like a masterstroke of an acquisition by archenemy SAP in 2005. SAP has admitted that the company it bought, TomorrowNow, stole customer ... (Source: Forbes 2010-11-08T19:06:08Z)

UPDATE 1-ExpressJet holders approve purchase by SkyWest

ATLANTA Nov 10 (Reuters) - ExpressJet Holdings Inc ( XJT.N ) on Wednesday said its shareholders approved its proposed acquisition by rival SkyWest Inc ( SKYW.O ), a deal that would make the combined carrier a top provider of regional flights to the world's ... (Source: Reuters 2010-11-10T22:24:11Z)

Mexican firm buys Sara Lee's baking unit

In a deal of local interest, Sara Lee Corp. has announced the sale of its struggling North American bread-making business to Mexican baking giant Grupo Bimbo for $959 million, "Sara Lee slims down with bread sale." Sara Lee operates two metro area ... (Source: Sioux City Journal 2010-11-10T18:13:39Z)

Fashion's Sexualization of Tweens

Jaws dropped when she emerged from the dressing room wearing a sheer black sheath with a single strap. "You look absolutely fabulous," her mother said, then gasped, after eyeing the stunning head-turner. "She did look good in it ... but it wasn't age ... (Source: ABC News 2010-11-10T22:24:11Z)

National Money Mart buys Canadian stores

Payday lender Dollar Financial Corp. said Wednesday its Canadian subsidiary, National Money Mart, has bought nine franchise stores in Alberta. Dollar (NASDAQ:DLLR) of Berwyn, Pa., said the deal reached by National Money Mart is worth $13 million Canadian ... (Source: Birmingham Business Journal 2010-11-10T20:51:08Z)

Vuguru to make Web videos for AOL

Internet portal site AOL Inc. said Wednesday that Vuguru, the made-for-Web production company founded by former Disney CEO Michael Eisner, will develop at least six original scripted series for the site. The company said the partnership is part of its ... (Source: AP - msnbc.com 2010-11-10T20:51:08Z)

'Missing' Hewlett-Packard CEO, tracked by Oracle, turns up in Japan

The whereabouts of new Hewlett-Packard Co . CEO Leo Apotheker has been of intense interest since the start of a multi-billion trial in California. Oracle Corp. has been trying to subpoena the former SAP AG CEO to testify in an intellectual property theft ... (Source: Birmingham Business Journal 2010-11-10T17:09:14Z)

ABC7 Sources: Eby plea deal may remove death penalty

November 10, 2010 (JOLIET, Ill.) (WLS) -- A guilty plea is expected Wednesday in the murder of 3-year-old Riley Fox, who was taken from her Wilmington home and killed in 2004. Convicted sex offender Scott Eby, 38, is expected to enter a guilty plea at ... (Source: KABC 2010-11-10T22:31:21Z)

AOL Does Video Deal With Eisner

AOL announced today it has joined forces with former Disney CEO Michael Eisner's Vuguru to develop video content for distribution by AOL. Vuguru will develop and produce at least six original scripted series, of about 19 minutes in length but with breaks ... (Source: Forbes 2010-11-10T17:37:52Z)

China expects to top Asian Games medals tally

GUANGZHOU, China: Senior Chinese sports officials don't envisage much change to the status quo at the Asian Games amid initial moves to overhaul the state-run sports system that has propelled the country to the top. Xiao Tian (she-ow tee-yan), vice ... (Source: Arab News 2010-11-10T20:01:01Z)

$4 billion deal will give Chevron Pennsylvania stake

Chevron Corp.'s planned acquisition of Atlas Energy Inc. gives the nation's second-biggest oil company a direct route to the gas-rich Marcellus shale formation in Western Pennsylvania. The $4.3 billion deal announced Tuesday means that Atlas, based in Moon ... (Source: Pittsburgh Tribune-Review 2010-11-10T21:26:55Z)

China: Japan will be cheered, not jeered

 Sino-Japan ties have deteriorated sharply since the Japanese coast guard detained a Chinese trawler captain in September after their boats collided near disputed isles in the East China Sea. Japan has warned its athletes at the Nov. 12-27 Asian Games not ... (Source: Today's Zaman 2010-11-10T22:59:59Z)

Demi Lovato Goes to Rehab: Demi Lovato Added to the List of Troubled Disney Stars

Demi Lovato, Disney star, has entered a rehab center to deal with "emotional and physical issues" according to TMZ. Eighteen year old Demi Lovato had been touring with her band when she left for the facility. Many theories and rumors on the exact nature of ... (Source: Associated Content 2010-11-04T16:40:33Z)

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