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 / November 17, 2010, 11:41 pm

WR Derek Hagan returns

The Giants are bringing back wide receiver Derek Hagan . According to ESPN NFL insider Adam Schefter, Hagan is signing a one-year deal with the Giants on Tuesday for the minimum. Hagan was with the team until the start of the season when the Giants ... (Source: ESPN.com 2010-11-16T17:09:16Z)

Dollar Tree completes $52M purchase of Canada's Dollar Giant stores

CHESAPEAKE, Va. (AP) — Discount retailer Dollar Tree says it has completed the purchase of Canada's Dollar Giant stores for about $52 million in cash. The Chesapeake -based company said Wednesday the deal includes 86 Dollar Giant Stores, including ... (Source: Chicago Tribune 2010-11-17T14:01:58Z)

Giants report: Strategy and personnel

The Giants boosted their thinning receiving corps by signing Derek Hagan to a one-year deal on Tuesday. Hagan will take the roster spot that became available when the team placed WR Ramses Barden on IR with an ankle injury suffered last Sunday. Hagan, 6-2 ... (Source: CBS Sports 2010-11-18T04:13:48Z)

Pa.-based ATI to acquire Milwaukee-area Ladish Co.

Pittsburgh-based Allegheny Technologies Inc. is acquiring Milwaukee-area Ladish Co. Inc. for $778 million. The deal combines companies with expertise in specialty-metal production. Ladish shareholders must still approve the deal. ATI said Wednesday that ... (Source: AP - msnbc.com 2010-11-18T00:24:44Z)

Dynegy board accepts sweetened $603M takeover bid by Blackstone, delays shareholder vote

NEW YORK (AP) — Dynegy 's board has accepted a sweetened $603 million takeover bid by Blackstone Group LP, but the deal still faces opposition from two prominent shareholders. The private equity group on Tuesday increased its offer for the Houston power ... (Source: Chicago Tribune 2010-11-17T21:47:15Z)

UI parent closes on $885M acquisition of 3 utilities

NEW HAVEN — UIL Holdings, corporate parent of The United Illuminating Co., has closed on its $885 million acquisition of three natural gas utilities, two in Connecticut and one in Massachusetts. Tuesday's announcement that the deal with Spanish energy ... (Source: New Haven Register 2010-11-17T07:13:57Z)

Vanguard to acquire interest in Encore Partners

Vanguard Natural Resources LLC said Wednesday that it has signed an agreement to acquire the ownership interest in Encore Energy Partners LP held by Denbury Resources Inc. The deal is valued at $380 million. After the transaction closes by Dec. 31, Vanguar ... (Source: Birmingham Business Journal 2010-11-17T17:36:43Z)

Dollar Tree completes Dollar Giant stores purchase

Discount retailer Dollar Tree says it has completed the purchase of Canada's Dollar Giant stores for about $52 million in cash. The Chesapeake-based company said Wednesday the deal includes 86 Dollar Giant Stores, including substantially all assets ... (Source: AP - msnbc.com 2010-11-17T14:09:08Z)

Out clause in Donovan McNabb deal

N othing is straightforward about Donovan McNabb these days. It turns out the $40 million he is supposed to be guaranteed in his new contract could turn out to be a mere $3.5 million. McNabb's agent, Fletcher Smith, clarified some of the details of ... (Source: Boston Herald 2010-11-17T05:33:44Z)

UIL Holdings acquires three gas distribution companies from Iberdrola SA subsidiary

UIL Holdings Corporation ( NYSE:UIL ) has completed the acquisition of three New England-based gas distribution companies – The Southern Connecticut Gas Company, Connecticut Natural Gas Corporation and The Berkshire Gas Company. UIL acquired the three ... (Source: PennEnergy 2010-11-17T13:04:42Z)

Vanguard Natural to Buy Encore Stake for $380 Million

Vanguard Natural Resources LLC said it will buy Denbury Resources Inc. 's stake in Encore Energy Partners LP for $380 million, giving Vanguard full ownership of Encore's general partner. Encore, an oil and natural-gas producer with proven reserves ... (Source: Bloomberg 2010-11-17T21:18:37Z)

Best Buy Catches the Free-Shipping Wave

Mega-retailer Best Buy (NYSE: BBY) announced on Wednesday it will offer free shipping on a number of specific items through December 21. Products with free shipping include CDs , DVDs and Blu-ray discs, as well as gaming software and accessories. iPods ... (Source: E-Commerce Times 2010-11-17T22:15:53Z)

Travel site Kayak.com files for IPO, cites Google's pending ITA acquisition as a risk

NEW YORK (AP) — Kayak Software Corp., whose site Kayak.com is a popular aggregator of flight and hotel deals, filed for an initial public offering Wednesday, with hopes of raising up to $50 million. The Norwalk, Conn., company did not say in its filing ... (Source: Fort Lauderdale Sun-Sentinel 2010-11-17T22:58:50Z)

Dynegy delays vote tally on Blackstone deal

HOUSTON (Reuters) - A shareholder meeting to vote on Blackstone Group's (BX.N: Quote , Profile , Research , Stock Buzz ) proposed takeover of Dynegy Inc (DYN.N: Quote , Profile , Research , Stock Buzz ) was recessed on Wednesday, indicating the power ... (Source: Yahoo Finance 2010-11-17T22:15:53Z)

Dollar Tree buys Dollar Giant stores

Discount retailer Dollar Tree said it has completed the purchase of Canada's Dollar Giant stores for about $52 million in cash. The Chesapeake-based company said Wednesday that the deal includes 86 Dollar Giant Stores, including substantially all assets ... (Source: HamptonRoads.com 2010-11-18T04:56:45Z)

Falcon High allows gay-marriage T-shirt after ACLU heat

Falcon High School senior Kate Cohn was called into the principal's office at the end of classes Tuesday and told that she and other students could, after a two-week ban, wear a T-shirt saying: "Marriage is so gay." Kate, 17, had worn the shirt Nov. 2 ... (Source: Denver Post 2010-11-17T07:56:54Z)

Kayak website operator files for IPO

NEW YORK (Reuters) - The operator of the popular Kayak.com website that aggregates airline, hotel and rental car deals, filed on Wednesday to raise as much as $50 million in an initial public offering. Kayak Software Corp's filing with the U.S. Securities ... (Source: Reuters 2010-11-17T23:13:09Z)

McNabb's deal has out clause, but Redskins unlikely to use it

Very little has been straightforward about Washington Redskins quarterback Donovan McNabb this season, including his new five-year, $78 million contract. McNabb's deal includes a $3.5 million signing bonus, paid in 2010, bringing his total compensation ... (Source: NFL 2010-11-16T23:50:08Z)

UIL Holdings becomes parent of CNG, SCG

About 800 Connecticut-based employees at two gas companies reported to work for a local corporation Wednesday, ending a decade of laboring for out-of-state and foreign entities. The actual cash value of the deal was $918 million, including assumption of ... (Source: Stamford Advocate 2010-11-18T02:19:16Z)

New deal no guarantee McNabb will stay in D.C.

Turns out Donovan McNabb's deal with the Redskins isn't nearly as good as it first seemed. McNabb's agent, Fletcher Smith, confirmed Tuesday that McNabb's new contract extension has an out clause built into it that allows the Redskins to cut ties with the ... (Source: Burlington County Times 2010-11-17T11:10:10Z)

UPDATE 2-Allegheny Tech to buy Ladish for $778 mln

BANGALORE, Nov 17 (Reuters) - Specialty metals producer Allegheny Technologies Inc ( ATI.N ) agreed to buy aerospace parts maker Ladish Co Inc ( LDSH.O ) for about $778 million in cash and stock in its largest ever deal, positioning itself for a recovery ... (Source: Reuters 2010-11-17T18:26:49Z)

Denbury selling its stake in Encore Energy Partners for $380 million

Denbury Resources Inc. will sell its stake in a master limited partnership after the two companies failed to complete a deal together. The Dallas oil company will sell its 46 percent stake in Encore Energy Partners LP to Vanguard Natural Resources for $380 ... (Source: Dallas Morning News 2010-11-18T04:49:36Z)

Falcon High OKs gay-marriage T-shirt

Falcon High School senior Kate Cohn was called into the principal's office at the end of classes Tuesday and told that she and other students could, after a two-week ban, wear a T-shirt saying: "Marriage is so gay." Kate, 17, had worn the shirt Nov. 2 ... (Source: msnbc.com 2010-11-17T18:41:08Z)

Dynegy accepts Blackstone Group's sweetened takeover offer

Dynegy Inc. 's board has accepted a sweetened $603-million takeover bid by Blackstone Group , but the deal still faces opposition from two prominent shareholders. The private equity group increased its offer Tuesday for the Houston power plant owner 11% to ... (Source: Los Angeles Times 2010-11-17T22:01:34Z)

Pa.-based Allegheny Technologies to acquire Wis.-based Ladish for $778M; Ladish shares soar

CUDAHY, Wis. (AP) — Pittsburgh-based Allegheny Technologies Inc. is acquiring Milwaukee-area Ladish Co. Inc. for $778 million. The deal combines companies with expertise in specialty-metal production. Ladish shareholders must still approve the deal. ATI ... (Source: Chicago Tribune 2010-11-17T17:43:52Z)

School Relents, Kate Cohn Can Wear 'Marriage Is So Gay' T-Shirt

High school officials in Colorado have agreed to lift their ban on a student wearing a pro-gay marriage t-shirt. Kate Cohn, a senior at Falcon High School, was told she could no longer wear a "Marriage is so gay" t-shirt because it violated the school ... (Source: On Top Magazine 2010-11-17T16:32:17Z)

UPDATE 1-Kayak website operator files for IPO

NEW YORK Nov 17 (Reuters) - The operator of the popular Kayak.com website that aggregates airline, hotel and rental car deals, filed on Wednesday to raise as much as $50 million in an initial public offering. Kayak Software Corp's filing with the U.S ... (Source: Reuters 2010-11-17T23:06:00Z)

Consumer Confidential: T-Day shopping, Best Buy free shipping, Google unveils Boutiques.com

Here's your wailin' Wednesday roundup of consumer news from around the Web: --Black Friday is so last year. The trend this year is for retailers to throw open their doors on Thanksgiving itself so that discount-nutty shoppers can get their fix as others ... (Source: Los Angeles Times 2010-11-17T19:38:24Z)

Target, Best Buy, Toys R Us, Walmart hatch Black Friday deals

Big news for Black Friday shoppers! Target will sell $3 appliances and Best Buy is planning to offer Sony laptops for $399.99 and a Blu-Ray disc player by Toshiba for $59.99, according to Black Friday ads posted on gottadeal.com. Toys R Us will have Mega ... (Source: Sacramento Bee 2010-11-16T20:08:14Z)

Giants bring back Derek Hagan

According to ESPN NFL insider Adam Schefter, Hagan is signing a one-year deal with the Giants on Tuesday for the minimum. Hagan was with the team until the start of the season when the Giants released him during final cuts. The Giants are down to three ... (Source: ESPN.com 2010-11-16T18:06:32Z)

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