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 18, 2010, 12:42 pm

Samsung Galaxy Tab is on sale from Verizon, Sprint on Sunday

After about seven months with the nascent tablet computer market largely to itself, Apple's iPad has a new challenger arriving in stores Thursday: the Samsung Galaxy Tab . The much hyped Galaxy Tab is available from Verizon for $599.99. The mobile carrier ... (Source: Los Angeles Times 2010-11-11T18:26:47Z)

Minnesota Twins sign Ron Gardenhire to two-year extension

The Minnesota Twins have signed newly anointed American League manager of the year Ron Gardenhire to a two-year contract extension, the team announced today. The deal will last through the 2012-13 season. The Twins also signed pitching coach Rick Anderson ... (Source: Pioneer Press 2010-11-18T17:28:22Z)

Genzyme to sell business for $265M

CAMBRIDGE, Mass. - Biotechnology company Genzyme Corp. said Thursday it will sell its diagnostic products business to Sekisui Chemical Co. Ltd. for $265 million in a deal the companies expect to close by the end of the year. Genzyme's business provides raw ... (Source: Philadelphia Daily News 2010-11-18T15:05:12Z)

Whitman, Maid Settle in $5,500 Deal

Former gubernatorial candidate Meg Whitman has agreed to pay her former housekeeper $5,500 in unpaid wages to settle a dispute that erupted in the final month of the campaign. The settlement was reached Wednesday during a closed meeting at the California ... (Source: KGO-AM810 2010-11-17T20:14:12Z)

Meg Whitman settles for $5,500 with former housekeeper

SAN JOSE, Calif. - Former California gubernatorial candidate Meg Whitman has agreed to pay her former housekeeper $5,500 in unpaid wages to settle a dispute that erupted in the final month of the campaign. Whitman's campaign began to lose public support ... (Source: AZCentral.com 2010-11-18T07:19:55Z)

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)

Zacks Analyst Blog Highlights: Dynegy Inc., The Blackstone Group, NRG Energy, Dick's ...

Houston-based merchant generator, Dynegy Inc. (NYSE: DYN : ) just got dearer for Private Equity firm The Blackstone Group (NYSE: BX : ) its suitor. Faced with a lukewarm response from shareholders for the deal, Blackstone on Tuesday raised its bid for ... (Source: PR Inside 2010-11-18T15:26:41Z)

Thursday Deals: Walter Energy Bids on Western Coal; Verigy Merges With LTX

Coking coal producer Walter Energy (NYSE: WLT ) said today it has submitted a proposal to acquire Western Coal (TSE: WTN.CA ) for $11.50 Canadian per share in cash and stock. The companies have signed an exclusivity agreement to negotiate a deal for up to ... (Source: MarketNewsVideo.com 2010-11-18T16:09:38Z)

UPDATE 1-Ariba to buy privately held rival for up to $150 mln

Nov 18 (Reuters) - Supply-management software maker Ariba Inc ( ARBA.O ) said it would buy privately held Dutch rival Quadrem in a cash and stock deal worth up to $150 million, to add customers like Alcoa ( AA.N ) and Nestle ( NESN.VX ) to its portfolio ... (Source: Reuters UK 2010-11-18T15:48:09Z)

Software maker Ariba agrees to buy Quadrem

Spending-management software maker. Ariba Inc. announced Thursday that it will buy Quadrem, a privately held supply chain management company, for $150 million. Ariba, based in Sunnyvale, Calif., will pay $75 million in cash up front for Amsterdam-based ... (Source: AP - msnbc.com 2010-11-18T16:45:25Z)

University parking attendants ticket illegally parked vehicle 3 times without seeing body

ALBUQUERQUE, N.M. - University of New Mexico parking attendants ticketed a rental vehicle parked on campus three times without noticing a dead woman slumped in the front seat. Police found the body of the 47-year-old woman in the sport utility vehicle on ... (Source: Minneapolis Star Tribune 2010-11-17T20:35:40Z)

Gardenhire given contract extension

MINNEAPOLIS, Nov. 18 (UPI) -- Minnesota Twins Manager Ron Gardenhire, one day after winning American League manager of the year honors, has been given a two-year contract extension. The Twins announced Thursday that Gardenhire, 53, is under contract ... (Source: United Press International 2010-11-18T19:30:04Z)

Closing Arguments Set To Begin In Leyritz DUI Case

Closing arguments are scheduled to begin Thursday afternoon in the DUI manslaughter trial of former major league baseball player Jim Leyritz. After ten days of testimony, the jury must sort through conflicting expert testimony about whether Leyritz was ... (Source: CBS 4 South Florida 2010-11-18T17:35:32Z)

UNM parking attendants ticket SUV with dead body 3 times

ALBUQUERQUE — University of New Mexico parking attendants ticketed a rental vehicle parked on campus three times without noticing a dead woman slumped in the front seat. University police found the body of 47-year-old Rochelle Cremona-Simmons of Virginia ... (Source: Carlsbad Current-Argus 2010-11-17T21:40:06Z)

Charge Dropped in Leyritz Trial

One of the manslaughter charges against Yankees World Series hero Jim Leyritz was dropped Thursday, as his attorney is set to give closing arguments in his fatal DUI case in Fort Lauderdale. A charge of manslaughter while impaired was dropped against the ... (Source: msnbc.com 2010-11-18T18:39:57Z)

Whitman to pay housekeeper $5,500

Former eBay CEO and gubernatorial candidate Meg Whitman has agreed to pay $5,500 to Nicky Diaz Santillan , an undocumented former housekeeper, following wage disputes, the San Francisco Chronicle reports. The deal may close the chapter that shook up ... (Source: Birmingham Business Journal 2010-11-18T15:19:31Z)

UPDATE 1-Verigy to buy LTX-Credence for $422 mln

Nov 18 (Reuters) - Semiconductor testing company Verigy Ltd (VRGY.O: Quote , Profile , Research , Stock Buzz ) plans to acquire smaller rival LTX-Credence Corp (LTXC.O: Quote , Profile , Research , Stock Buzz ) in a deal, valued at about $422 million, that ... (Source: Yahoo Finance 2010-11-18T09:07:17Z)

Entry into a Material Definitive Agreement, Unregistered Sale of Equity Securities, Fin

Item 1.01. Entry into a Material Definitive Agreement. Overview of Acquisition. On November 18, 2010, Ariba, Inc. ("Ariba"), Quadrem International Holdings, Ltd ("Quadrem") and Charlotte, Ltd., as stockholders' representative, entered into a Stock Purchase ... (Source: YAHOO! 2010-11-18T12:34:53Z)

Marlins sign Buck to $18M, 3-year deal

All-Star catcher John Buck and the Florida Marlins have finalized an $18 million, 3-year contract. Buck passed his physical yesterday and the deal was completed, a day after the sides agreed to terms. He gets a $1.5 million signing bonus, $4.5 million next ... (Source: Philadelphia Daily News 2010-11-18T08:02:52Z)

Google And Hachette Ink Digital Book Deal

Google has signed a deal with Hachette Livre of France to scan around a million out-of-print French books. The books will then be made available for purchase as ebooks from the Google Books platform. The deal is being hailed by Google as a template for ... (Source: Itproportal 2010-11-18T17:06:54Z)

Genzyme Divests Diagnostics Business to Sekisui Chemical for $265M

Genzyme is selling its diagnostic products business to Sekisui Chemical for $265 million in cash. The deal is part of Genzyme's plan to concentrate on drug R&D for rare diseases, advancing its product pipeline, and manufacturing. Under the terms of the ... (Source: Genetic Engineering News 2010-11-18T15:12:22Z)

Genzyme plans sale of diagnostic products business to Sekisui Chemical for $265 million

CAMBRIDGE, Mass. (AP) — Biotechnology company Genzyme says it will sell its diagnostic products business to Sekisui Chemical Co. for $265 million. The companies expect to close the deal by the end of the year. Genzyme's business provides raw materials ... (Source: Chicago Tribune 2010-11-18T13:24:59Z)

Dynegy Says It Bargained With Blackstone for Higher Offer Price

Dynegy Inc. squeezed more money from Blackstone Group LP and negotiated a lower breakup fee in the hours leading up to a scheduled shareholder vote on the private- equity firm's $604.5 million takeover bid, the Houston-based power producer said today in ... (Source: Bloomberg 2010-11-18T12:56:21Z)

UPDATE 2-Verigy to buy rival LTX-Credence for $424 mln

BANGALORE, Nov 18 (Reuters) - Semiconductor testing company Verigy Ltd ( VRGY.O ) said it agreed to buy smaller rival LTX-Credence Corp ( LTXC.O ) in a deal valued at about $424.4 million to add customers like Atmel Corp ( ATML.O ) and Texas Instruments ... (Source: Reuters 2010-11-18T16:16:47Z)

Google Strikes Deal With French Publisher

PARIS — Google said Wednesday that it had reached a deal with the publisher Hachette Livre, which has broken ranks with its French rivals and agreed to allow Google to scan thousands of out-of-print books for its digital library project. Under the ... (Source: New York Times 2010-11-18T07:05:36Z)

FT Gives All Its Staff A $480 Bonus To Buy An iPad; CEO's Memo

The Financial Times says it will give a £300 or $480 rebate to any of its 1,800 staff against the purchase of an iPad or other tablet. Newspaper publishers are clearly getting bullish about the prospects of a post-web future in which editions of their ... (Source: Yahoo Finance 2010-11-18T11:51:56Z)

Google and Hachette in landmark deal

Google and Hachette Livre have struck a groundbreaking deal allowing the world's second largest retail book publisher to control the scanning and electronic sale of its out-of-print French language titles. The agreement, covering about 50,000 mostly ... (Source: Financial Times 2010-11-18T04:35:17Z)

Tech review: Samsung Galaxy Tab is good, but not good enough

SAN FRANCISCO -- When Apple released the iPad in April, it set a high bar for tablet computers. The first real competitor has arrived in Samsung's Galaxy Tab. With a screen that measures 7 inches diagonally, two shorter than the iPad, the Tab is good ... (Source: San Jose Mercury News 2010-11-17T23:56:06Z)

Albuquerque nixes alcohol sale at UNM games (8:43 a.m.)

ALBUQUERQUE - Albuquerque city councilors have rejected a bid by the University of New Mexico to sell alcohol at basketball and football games and at certain events at the Student Union Building. The university had sought a waiver to allow alcohol sales ... (Source: Las Cruces Sun-News 2010-11-16T15:36:13Z)

Minnesota Twins give manager Ron Gardenhire 2-year extension

MINNEAPOLIS (AP) — The Minnesota Twins have signed newly minted American League Manager of the Year Ron Gardenhire to a two-year contract extension through the 2013 season. The Twins announced the deal Thursday, the day after Gardenhire was voted the ... (Source: Chicago Tribune 2010-11-18T18:25:38Z)

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