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Deals of the Hour / November 20, 2010, 6:41 am

Sargento to Expand Operations

PLYMOUTH, Wis. (AP) -- Cheesemaker Sargento has signed an agreement with the city of Plymouth to expand its operations in eastern Wisconsin. Sargento plans to spend $12 million to $15 million to build a new headquarters that will connect with existing ... (Source: WSAW 2010-11-19T21:44:53Z)

Poulter's 64 good for 2-stroke lead in Hong Kong

(AP) — Ian Poulter shot a 6-under 64 Saturday for a two-stroke lead through three rounds at the Hong Kong Open. The Englishman followed up his second-round 60 by sinking birdies on the final two holes, pulling clear of U.S. Open champion Graeme McDowell ... (Source: Newsday 2010-11-20T14:19:53Z)

Kan. judge anticipates issuing final ruling approving a $200M settlement in Kinder Morgan case

TOPEKA, KAN. — A class action lawsuit against gas pipeline company Kinder Morgan is nearing a settlement. A Shawnee County judge considered a $200 million settlement offer during a hearing Friday. Both sides have agreed to the deal. Judge David E. Bruns ... (Source: Washington Examiner 2010-11-12T21:24:33Z)

TJ Maxx Selling Apple iPads for $100 Off, Today

Discount retailer TJ Maxx is offering discounted Apple iPads for $100 off, the company confirmed via its Twitter acccount on Thursday night. The black, 16-Gbyte Wi-Fi iPads are on sale now at selected TJ Maxx stores, but the stores aren't being advertised ... (Source: PC Magazine 2010-11-19T19:57:31Z)

Wells Fargo will pay Citigroup $100 million to settle lawsuit over Wachovia deal

NEW YORK (AP) — Wells Fargo has agreed to pay $100 million to Citigroup to settle all claims in a dispute related to its 2008 acquisition of Wachovia Corp. Wachovia nearly collapsed in October 2008, at the height of the financial crisis, under the weight ... (Source: Chicago Tribune 2010-11-19T17:34:21Z)

Baseball Notes: Owner puts the Astros up for sale

Houston Astros owner Drayton McLane says he's retained the New York investment firm Allen and Company to help him sell the team he purchased in November 1992 for about $117 million, a move first reported by KRIV-TV. Steve Greenberg, the son of Hall of Fame ... (Source: Philadelphia Daily News 2010-11-20T08:00:30Z)

Historic Delta Queen for sale; group wants to revive cruises

LITTLE ROCK, Ark -- The historic Delta Queen riverboat, now a floating hotel docked in Tennessee, is up for sale, and a group of Delta-region leaders hopes it gets tugged back into service carrying tourists on the big rivers in the nation's midsection. The ... (Source: News-Democrat 2010-11-20T13:29:47Z)

Shawnee County judge approves $200 million lawsuit settlement against Kinder Morgan

The class action lawsuit accuses the managers of breaching their fiduciary duty by offering an "inadequate and unfair" price when they took the company private in a $13.4 billion deal in 2006. The case was consolidated and heard in Kansas because the ... (Source: KTKA 2010-11-19T21:23:24Z)

Dillinger's 'death mask' for sale

John Dillinger's "death mask" -- a cast of the outlaw's face made surreptitiously by an amateur criminologist -- is among Chicago memorabilia to be auctioned Nov. 18 at Leslie Hindman Auctioneers. The mask was made when Kenneth "Doc" Coffman and his ... (Source: Chicago Sun-Times 2010-11-09T10:00:55Z)

MLB Capsules: McLane puts Astros up for sale

HOUSTON (AP) — Houston Astros owner Drayton McLane is putting his franchise up for sale. The 74-year-old McLane said he's retained the New York investment firm Allen and Company to help him unload the team he purchased in November 1992 for about $117 ... (Source: Brownsville Herald 2010-11-19T23:46:34Z)

Pirates parting ways with Duke, LaRoche, Young

PITTSBURGH (AP) -- The Pittsburgh Pirates won't offer contracts to left-hander Zach Duke and infielders Andy LaRoche and Delwyn Young , designating them for assignment in moves that effectively make them free agents. The Pirates chose to create roster ... (Source: CNN Sports Illustrated 2010-11-20T06:56:04Z)

Ian Poulter shoots 2nd-round 60 to take lead at Hong Kong Open; McIlroy drops to 3rd

HONG KONG - Ian Poulter shot a spectacular 60 on Friday to take a one-shot lead over Anthony Kang through two rounds at the Hong Kong Open. The Englishman's performance eclipsed by one stroke the Fanling course record held by countryman Simon Yeats — but ... (Source: Minneapolis Star Tribune 2010-11-19T13:38:07Z)

Dillinger death mask sold

Chicago businessman Ed Hirschland coveted the face of a gangster. He got it by buying John Dillinger's "death mask," the cast of the infamous bank robber's face. It was made after Dillinger was gunned down in an FBI ambush outside the Biograph Theater in ... (Source: Post-Tribune 2010-11-20T09:55:02Z)

Wells Fargo will pay Citigroup $100 million to settle Wachovia lawsuit

Two banks that clashed over dueling deals to buy Wachovia Corp. announced a $100-million legal settlement Friday. Wells Fargo & Co. will pay Citigroup Inc. to resolve all claims in the dispute, the banks said in a joint statement. The payment caps a feud ... (Source: Los Angeles Times 2010-11-20T01:55:25Z)

ALL BUSINESS: Clues on economy, by way of the mall

NEW YORK — Attention armchair economists: You don't need spreadsheets to get a handle on how this year's holiday shopping season is going. Just keep an eye on sales of push-up bras. You read that right. Retail analyst John Morris says that if we see ... (Source: Idaho Statesman 2010-11-19T18:45:56Z)

Jobs: TJ Maxx not authorized iPad dealer

TJ Maxx is "not an authorized reseller" of the iPad, an e-mail from Apple CEO Steve Jobs is quoted as saying. The message comes in response to a person asking why a near $100 price difference exists between TJ Maxx's iPads and those sold by Apple and other ... (Source: MacNN 2010-11-19T18:24:27Z)

Apple iPad on sale at TJ Maxx, and reportedly Marshalls, for $400

The iPad has landed at TJ Maxx for about $400, and according to various tech and Apple blogs, Marshalls is selling it for the same price. The two bargain retailers, both owned by The TJX Companies , are reportedly selling the entry level iPad, which is Wi ... (Source: Los Angeles Times 2010-11-19T23:03:37Z)

Drayton McLane puts Astros up for sale

Drayton McLane is putting the Houston Astros up for sale. The 74-year-old owner has retained the New York investment firm Allen and Company to help him unload the team he purchased in November 1992 for about $117 million. McLane met with team employees ... (Source: San Francisco Gate 2010-11-20T10:09:21Z)

Sears 3Q loss widens; appliances, clothing weaken

NEW YORK — Sears Holdings Corp.'s third-quarter loss nearly doubled, dragged down by weak sales of appliances and clothing at its long-suffering Sears chain. Business at its Kmart discount stores held up better, but a key revenue measure edged downward ... (Source: msnbc.com 2010-11-18T22:57:39Z)

Historic Delta Queen riverboat up for sale

LITTLE ROCK, Ark. (AP) - The historic Delta Queen riverboat is up for sale, and although it's now a floating hotel docked in Tennessee, some are hoping it gets back to its roots by carrying tourists along the nation's large rivers. The 84-year-old Delta ... (Source: WTVF 2010-11-20T02:24:03Z)

Sargento will build new headquarters

PLYMOUTH — Cheesemaker Sargento has signed an agreement with the city to expand its operations. Sargento plans to spend $12 million to $15 million to build a new headquarters that will connect with existing office and production space. The city will ... (Source: Green Bay Press-Gazette 2010-11-20T09:47:52Z)

Former White Sox Scout Jorge Rivera Pleads Innocent of Kickback Plot Charges

CHICAGO -- A former Chicago White Sox scout has pleaded not guilty to charges he took kickbacks from Latin American baseball prospects. Jorge Oquendo Rivera of Puerto Rico entered his plea Friday in U.S. District Court in Chicago. He declined to comment ... (Source: NESN.com 2010-11-20T02:59:51Z)

Wells Fargo to pay Citigroup $100 million over Wachovia deal

Wells Fargo agreed to pay $100 million for scuttling Citigroup's takeover of Wachovia with a higher bid during the depths of the financial crisis. The payment to New York-based Citigroup resolves ``all claims related to this dispute,'' Citigroup and San ... (Source: Miami Herald 2010-11-19T21:23:24Z)

BASEBALL NOTEBOOK: Ex-Sox scout Rivera says he's not guilty

Former White Sox scout Jorge Oquendo Rivera has pleaded not guilty to charges he took kickbacks from Latin American baseball prospects. Rivera entered his plea Friday in U.S. District Court in Chicago. Along with Oquendo, the Sox' former senior director of ... (Source: Chicago Sun-Times 2010-11-20T05:51:39Z)

Sears' Third-Quarter Loss Doubles

NEW YORK | Sears Holdings Corp.'s third-quarter loss nearly doubled, dragged down by weak sales of appliances and clothing at its long-suffering Sears chain. Business at its Kmart discount stores held up better, but a key revenue measure edged downward ... (Source: The Ledger 2010-11-20T05:01:32Z)

Dillinger 'death mask' sells for $3,600

CHICAGO -- A Chicago businessman is now the proud owner of John Dillinger's "death mask." Businessman Ed Hirschland on Thursday bought the cast of the famed Depression-era bank robber's face at an auction in Chicago. The Chicago Sun-Times reports that the ... (Source: News-Democrat 2010-11-20T13:29:47Z)

Ian Poulter takes 2-stroke lead into final round of UBS Hong Kong Open

Ryder Cup star Ian Poulter produced a barnstorming finish for a six-under-par 64 to open up a two-shot lead after the third round of the US$2.5 million UBS Hong Kong Open on Saturday. The flamboyant Englishman, who carded a blistering 60 on Friday, sank ... (Source: The sport campus 2010-11-20T09:19:14Z)

Sargento, Plymouth ink expansion deal

The city of Plymouth and Sargento Foods management have signed a development agreement to support the company's effort to build a new corporate headquarters. The deal is expected to cement the cheese manufacturer's long-term presence in the community. (Source: Birmingham Business Journal 2010-11-19T13:52:26Z)

$200M settlement sought in Kinder Morgan case

TOPEKA, Kan. -- A class action lawsuit against gas pipeline company Kinder Morgan is nearing a settlement. A Shawnee County judge considered a $200 million settlement offer during a hearing Friday. Both sides have agreed to the deal. Judge David E. Bruns ... (Source: Forbes 2010-11-12T21:24:33Z)

Historic Delta Queen riverboat for sale, some want it to again carry tourists along US rivers

LITTLE ROCK, Ark. (AP) — The historic Delta Queen riverboat is up for sale, and although it's now a floating hotel docked in Tennessee , some are hoping it gets back to its roots by carrying tourists along the nation's large rivers. The 84-year-old Delta ... (Source: WHNT-TV 2010-11-20T02:09:44Z)

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