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Deals of the Hour / November 19, 2010, 11:42 am

AstraZeneca confirms eyeing Astra Tech spin-off

LONDON, Nov 19 (Reuters) - AstraZeneca confirmed on Friday it was considering spinning off its Astra Tech dental implants and medical devices business and had hired JP Morgan Chase to help with a strategic review of the unit. A source familiar with the ... (Source: The Guardian 2010-11-19T09:34:44Z)

Obama campaign gets approval to help Biden pay off presidential primary debts

WASHINGTON (AP) — Vice President Joe Biden's effort to pay off campaign debt is getting a hand from his boss and former rival, President Barack Obama . The Federal Election Commission said Thursday that Obama for America, Obama's presidential campaign ... (Source: WHNT-TV 2010-11-18T22:29:01Z)

Groupon Said to Weighs Sale to Google Versus Raising More Funds

Nov. 19 (Bloomberg) -- Groupon Inc. is weighing whether to sell itself to Google Inc. or to proceed with a round of fundraising that may value the daily coupon company at more than $3 billion, said two people with knowledge of the matter. Google and ... (Source: BusinessWeek 2010-11-19T16:44:14Z)

CAW President Urges Canadian Government to Keep Share of GM

TORONTO , Nov. 18 /PRNewswire/ - While calling the General Motors IPO "a good-news story" for the company and the whole auto industry, CAW President Ken Lewenza is cautioning against the quick sell-off of the company's shares by the federal and Ontario ... (Source: Earthtimes 2010-11-18T15:26:41Z)

Groupon Said to Weigh Sale to Google, Raise Funding

Nov. 19 (Bloomberg) -- Groupon Inc. is weighing whether to sell itself to Google Inc. or to proceed with a round of fundraising that may value the daily coupon company at more than $3 billion, said two people with knowledge of the matter. Google and ... (Source: BusinessWeek 2010-11-19T19:21:43Z)

Golden State Warriors barely hold off Detroit Pistons

The Warriors celebrated the first official home game of the Joe Lacob-Peter Guber ownership by promptly spoiling their new bosses with a first half for the ages. It was a fitting game for the half-price night the Lacob-Guber group gave to the fans as a ... (Source: FOXSports.com 2010-11-18T14:07:56Z)

GM stock sale could top $30 a share

D ETROIT — Investor demand for General Motors' shares is so high that the automaker will raise the price range of its common stock to $32 to $33 when its initial public stock offering begins on Thursday, a person briefed on the sale said Monday night ... (Source: Boston Herald 2010-11-15T23:58:29Z)

Titans' Young gets start, says he's tough enough

Even though Tennessee Titans QB Vince Young said his ankle had healed by last week, veteran backup Kerry Collins got Week 10's start against the Miami Dolphins. That led some to question whether Young was tough enough to play at less than 100 percent. "I ... (Source: Sporting News 2010-11-19T06:14:18Z)

Verizon Brings Back Kin Phones — for a Lot Less

Verizon Wireless is bringing back the Kin, Microsoft Corp.'s attempt at a youth-oriented phone that fell flat earlier this year and was yanked off the market after only two months on the shelf. But don't call them Kin Three and Kin Four. In July, both ... (Source: Wall Street Journal 2010-11-18T18:47:07Z)

Verizon happy to offer Windows Phone 7 devices 'as soon as Microsoft has 'em ready'

Yes, Verizon's calling them "Windows 7 mobile devices," but the underlying message is clear -- Verizon's tossing the Windows Phone 7 CDMA ball squarely into Microsoft's court. There are no CDMA-ready smartphones running Microsoft's latest mobile operating ... (Source: engadget 2010-11-14T22:40:55Z)

Obagi Medical Products Announces Pricing of Secondary Offering by, and Repurchase of Shares from, Selling ...

Obagi Medical Products, Inc. (NASDAQ: OMPI), a leader in topical aesthetic and therapeutic skin health systems, today announced the pricing of the secondary public offering of 2,690,244 shares of its common stock by the Stonington Capital Appreciation 1994 ... (Source: PR Inside 2010-11-19T13:16:39Z)

Senate Dems want deal on 'don't ask' debate

WASHINGTON ---- Senate Democrats on Thursday pressured Majority Leader Harry Reid to strike a deal with Republicans to aid passage of a bill that would let gays serve openly in the military. A dozen Democrats and Sen. Joe Lieberman, an independent from ... (Source: North County Times 2010-11-19T05:24:12Z)

Mass. to restrict Four Loko sales

B OSTON - The Massachusetts Alcoholic Beverages Control Commission is restricting sales of popular stimulant-packed alcoholic drinks, including Four Loko that has been banned in four states. Commission head Kim Gainsboro said Monday that her agency will ... (Source: Boston Herald 2010-11-16T05:13:26Z)

Senate Dems pressure Majority Leader Harry Reid to strike deal with GOP on military-gay debate

WASHINGTON (AP) — Senate Democrats on Thursday pressured Majority Leader Harry Reid to strike a deal with Republicans to aid passage of a bill that would let gays serve openly in the military. A dozen Democrats and Sen. Joe Lieberman , an independent ... (Source: Los Angeles Times 2010-11-19T05:59:59Z)

UPDATE 2-AstraZeneca confirms eyeing Astra Tech spin-off

LONDON, Nov 19 (Reuters) - AstraZeneca ( AZN.L ) confirmed on Friday it was considering spinning off its Astra Tech dental implants and medical devices business and had hired JP Morgan Chase ( JPM.N ) to help with a strategic review of the unit. A source ... (Source: Reuters UK 2010-11-19T09:34:44Z)

Treasury's GM sell-off bigger than expected

Washington — When the U.S. government became the majority owner of General Motors Co., President Barack Obama gave his auto team two missions: Get the government out of the auto business quickly and repay taxpayers as much money as possible. But the ... (Source: Detroit News 2010-11-18T12:49:12Z)

Mass. moves to restrict Four Loko sales

BOSTON -- Massachusetts liquor regulators are preparing to file an emergency regulation to redefine malt beverages in an effort to restrict sales of stimulant-packed alcoholic drinks, including Four Loko and its variants that have been banned in four ... (Source: msnbc.com 2010-11-16T12:08:37Z)

NBA approves sale of Warriors to Joe Lacob and Peter Guber

NEW YORK, Nov. 12, 2010 -- The sale of the NBA's Golden State Warriors to a group led by Joe Lacob and Peter Guber has been completed following unanimous approval from the NBA's Board of Governors. "We are delighted to welcome Joe Lacob and Peter Guber as ... (Source: NBA 2010-11-12T18:39:55Z)

New Warriors owners Joe Lacob and Peter Guber preach patience

The backdrop at the introduction of new Warriors owners Joe Lacob and Peter Guber was a picturesque view of the Bay: clear skies, the Bay Bridge, the foliage of Treasure Island. The setting: an upscale luncheon at the Epic Roasthouse, intricate in details ... (Source: FOXSports.com 2010-11-18T14:07:56Z)

Aeroflex Holding Corp. Announces Pricing of Its Initial Public Offering

PLAINVIEW, N.Y.--(BUSINESS WIRE)-- Aeroflex Holding Corp. (the "Company") (NYSE: ARX - News ) announced today the pricing of the initial public offering of 17,250,000 shares of its common stock, all of which are being issued and sold by the Company, at a ... (Source: Yahoo Finance 2010-11-18T23:40:36Z)

Hey look, Verizon is selling Kin phones again

The Kin phones, the ones Microsoft killed this summer after seven weeks on the market, are back on the Verizon Wireless website today as feature phones. That confirms last week's report that the ill-fated smart phones social phones would be returning to ... (Source: Seattle Post Intelligencer 2010-11-19T01:56:37Z)

FEC Approves Obama Bailout for Joe Biden

The Federal Election Commission will allow President Barack Obama's campaign committee to pay for campaign finance penalties left over from Vice President Joe Biden's 2008 White House run. As we reported earlier , the FEC was considering today whether ... (Source: Roll Call Online 2010-11-18T20:20:10Z)

Google to Make More Deals Like YouTube, DoubleClick

Google is likely to buy more companies about the size of YouTube and DoubleClick, its two largest acquisitions, to help offer more online services, said the company's head of mergers and acquisitions. "The world changes really quickly, and companies that ... (Source: San Jose Mercury News 2010-11-06T04:28:02Z)

Senate Democrats pressure Harry Reid to strike a deal with GOP on gays in the military

WASHINGTON (AP) - Senate Democrats on Thursday pressured Majority Leader Harry Reid to strike a deal with Republicans to aid passage of a bill that would let gays serve openly in the military. A dozen Democrats and Sen. Joseph Lieberman, an independent ... (Source: Reno Gazette 2010-11-19T09:34:44Z)

New York Jets offer to host boy who allegedly was tackled by Browns fan

Television viewers in southwest Ohio and northern Kentucky won't see Sunday's game between the 2-7 Cincinnati Bengals and 1-8 Buffalo Bills — even if they want to. The Bengals announced Thursday that they failed to sell out a game 72 hours in advance for ... (Source: Los Angeles Times 2010-11-19T02:18:05Z)

Fisher says Kerry Collins will be No. 3 QB behind Young, rookie Rusty Smith vs Redskins

NASHVILLE, Tenn. (AP) — Kerry Collins is healing up quickly enough from a strained left calf that he will be Tennessee's emergency third quarterback Sunday against the Washington Redskins . Coach Jeff Fisher said Monday that Collins would be out and ... (Source: Chicago Tribune 2010-11-18T23:19:08Z)

AIG Extends Offer To Exchange Its Equity Units

American International Group, Inc. (AIG) announced today that it has extended its offer to exchange up to 74,480,000 of its Equity Units consisting of Corporate Units for consideration per Corporate Unit equal to 0.09867 shares of its common stock plus $3 ... (Source: Street.Com 2010-11-17T22:08:44Z)

Four Loko sales banned in Massachusetts

The Massachusetts Alcoholic Beverages Control Commission (ABBC) today filed an emergency regulation prohibiting the sale of alcoholic beverages that contain caffeine as an added ingredient. The regulation, which goes into effect immediately, means that ... (Source: MyFox Houston 2010-11-19T03:51:08Z)

Obama helps Biden cover campaign debts

WASHINGTON -- Vice President Joe Biden's effort to pay off campaign debt is getting a hand from his boss and former rival, President Barack Obama. The Federal Election Commission said Thursday that Obama for America, Obama's presidential campaign with ... (Source: Forbes 2010-11-19T15:11:11Z)

AstraZeneca ponders $2bn sale of dental subsidiary

Astra Tech and the dental implant market have been badly hit by the financial crisis. Photograph: Peter Dennen/Getty Images/Aurora Creative AstraZeneca is considering spinning off a Swedish business that makes dental implants and medical devices for $2bn ... (Source: The Guardian 2010-11-19T18:38:46Z)

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