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 8, 2010, 9:40 pm

HIGHLIGHTS-White House panel on BP oil spill

WASHINGTON Nov 8 (Reuters) - The following are highlights from the White House oil spill commission's latest hearing on the causes of the BP ( BP.L ) offshore drilling disaster. For a story on the panel's hearing, see [ID:nN08212171] OIL SPILL PANEL ON BP ... (Source: Reuters 2010-11-08T21:22:08Z)

Tech blog: AT&T and Scripps reach deal to keep HGTV, Food Network other Scripps networks ...

Editor's note: This item originally appeared on dallasnews.com's Technology blog . Friday, AT&T and Scripps Networks jabbed and poked at each other in dueling news releases , each company blaming the other for the breakdown in negotiations that led to ... (Source: Dallas Morning News 2010-11-08T15:38:32Z)

UPDATE 4-BP, firms did not shirk safety for money-panel

WASHINGTON, Nov 8 (Reuters) - The White House oil spill commission said on Monday it found no evidence to support accusations that the largest offshore oil spill in U.S. history happened because workers for BP Plc ( BP.L ) ( BP.N ) and its partners cut ... (Source: Reuters 2010-11-08T23:30:59Z)

Amazon buys Diapers.com in $545 mln deal

SAN FRANCISCO (MarketWatch) — Amazon.com Inc. said Monday that it will buy Quidsi Inc. — the parent company of Diapers.com and Soap.com — in its second largest acquisition since last year's purchase of Zappos.com. Amazon (NASDAQ:AMZN)  will pay $ ... (Source: Marketwatch 2010-11-08T16:57:17Z)

Eli Lilly plans to buy Pa. company

INDIANAPOLIS – Drugmaker Eli Lilly and Co. will spend up to $800 million to buy Avid Radiopharmaceuticals, a development-stage company that created an agent that may help diagnose Alzheimer's disease. The Indianapolis company said Monday the privately ... (Source: Fort Wayne Journal Gazette 2010-11-09T04:53:07Z)

Google looking for more acquisitions like YouTube

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 Francisco Gate 2010-11-07T01:06:25Z)

Goodell: Active players won't have say in fines for flagrant hits

CINCINNATI (AP) -- Sorry, Troy Polamalu . Commissioner Roger Goodell says active NFL players won't be deciding punishment for flagrant hits that merit fines. Goodell wants to hear their opinions, though. The commissioner said Monday the league has been ... (Source: CNN Sports Illustrated 2010-11-09T05:14:35Z)

North Carolina's leading rusher Johnny White out for season

CHAPEL HILL, N.C. (AP) — North Carolina has lost leading rusher Johnny White for the season with a broken collarbone. The senior was hurt in the first half of the weekend win at Florida State. White earned a leading role in the offense when tailbacks ... (Source: USA Today 2010-11-08T03:57:02Z)

Amazon reportedly near deal to buy Quidsi

SAN FRANCISCO — Amazon.com Inc. is closing in on an agreement to buy Quidsi Inc., the owner of Diapers.com and Soap.com , for $540 million, two people with knowledge of the matter said. An announcement may be made as soon as today, said one of the people ... (Source: Boston Globe 2010-11-08T05:08:37Z)

Genzyme Reiterates Sanofi-Aventis Takeover Offer Still Too Low

(RTTNews) - In response to a letter sent by Sanofi-Aventis (SNY: News ) earlier on Monday, Genzyme Corp. (GENZ: News ) reiterated that the French drug maker's $69 per share takeover bid "dramatically undervalues" the company. In a letter to Christopher ... (Source: RTT News 2010-11-09T01:18:22Z)

Goodell says players won't decide fines

Sorry, Troy Polamalu . Commissioner Roger Goodell says active NFL players won't be deciding punishment for flagrant hits that merit fines. Check out the best action from around the league in our Week 9 photo gallery . Goodell wants to hear their opinions ... (Source: FOXSports.com 2010-11-08T22:12:15Z)

Lilly deal boosts Alzheimer's focus

The drugmaker will spend up to $800 mil to buy Avid Radiopharmaceuticals, a development-stage company that created an agent that may help diagnose Alzheimer's disease. Eli Lilly (NYSE: LLY - News ) said the privately held Pa.-based company has no products ... (Source: Yahoo Finance 2010-11-08T23:45:18Z)

North Carolina's Johnny White out for the season

ASHEVILLE — A five-year college football career marked by position changes and the refusal to quit even when he felt discarded ended with a painful exit on the Tallahassee turf Saturday afternoon. Former Asheville High standout Johnny White will miss the ... (Source: Asheville Citizen-Times 2010-11-08T05:08:37Z)

AOL Exploring Financial Options To Boost Revenue

The Wall Street Journal reported on Sunday that AOL Inc. may be exploring new options like a possible deal with Yahoo Inc. The Journal said that AOL has not reached out to Yahoo with a proposal, but that AOL's advisers have been showing company officials ... (Source: Redorbit.com 2010-11-08T17:40:14Z)

Lilly to buy Avid Radiopharmaceuticals in deal worth up to $800 million

INDIANAPOLIS (AP) — Drugmaker Eli Lilly says it will buy Avid Radiopharmaceuticals in a deal that could be worth up to $800 million. Lilly says the privately held Philadelphia company has no products on the market. But it is seeking regulatory approval ... (Source: Chicago Tribune 2010-11-08T13:51:10Z)

Google to Make More Deals Like YouTube, DoubleClick

Nov. 5 (Bloomberg) -- Google Inc. 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 ... (Source: BusinessWeek 2010-11-05T21:47:10Z)

Deal Struck: Food Network, HGTV Back on AT&T Air

The latest cable dispute has another happy ending. Scripps Networks and AT&T agreed to a deal late Sunday, ending a blackout that left AT&T's 2.7 million U-verse customers without access to the Food Network, HGTV and other Scripps programming over the ... (Source: TheWrap 2010-11-08T15:02:45Z)

Genzyme Should Swear Off Defensive Measures, Sanofi Says

Nov. 8 (Bloomberg) -- Genzyme Corp. should forgo defensive measures such as staggering the terms of its directors to allow shareholders to decide whether they want to accept an $18.5 billion takeover offer from Sanofi-Aventis SA, Sanofi said. Sanofi is ... (Source: BusinessWeek 2010-11-08T15:52:51Z)

Amazon to buy Diapers.com owner Quidsi for $500 million

Amazon plans assume about $45 million in debt and other obligations as part of the deal, which has been approved by Quidsi's shareholders. Soap.com sells health, beauty and cleaning products online, while Diapers.com sells baby-care items, including food ... (Source: Cleveland Plain Dealer 2010-11-08T19:20:27Z)

Amazon Adds Diapers.com In $500M Deal

Law360, New York (November 08, 2010) -- Internet retail giant Amazon.com Inc. announced Monday that it had reached an agreement to purchase Quidsi Inc., the parent company for Diapers.com and Soap.com, for $500 million in a bid to increase its presence in ... (Source: site.law360.com 2010-11-08T20:10:33Z)

Why Talk of an AOL-Yahoo Merger Is Overblown

WASHINGTON, DC – The Wall Street Journal roused more excitement over a potential merger/buyout between AOL and Yahoo today. According to the Journal, AOL "has hired financial advisers to explore various strategic options for the company, one of which ... (Source: YAHOO! 2010-11-08T18:44:39Z)

Sanofi Says Genzyme Should Swear Off Defensive Steps

Nov. 8 (Bloomberg) -- Genzyme Corp. should forgo defensive measures such as staggering the terms of its directors to allow shareholders to decide whether they want to accept an $18.5 billion hostile takeover offer from Sanofi-Aventis SA, Sanofi said ... (Source: BusinessWeek 2010-11-08T17:40:14Z)

Amazon aims to woo women with Quidsi acquisition

Jeff Bezos, founder and chief executive of Amazon, on Monday confirmed his company's $545m deal to acquire Quidsi, the largest US online retailer of diapers, or nappies, and other baby products. While praising the speed and low costs of Quidsi's ... (Source: Financial Times 2010-11-09T00:28:15Z)

BP, firms did not shirk safety for money: oil spill panel

The White House oil spill commission said on Monday it found no evidence to support accusations that the largest offshore oil spill in U.S. history happened because workers for BP Plc and its partners cut corners to save money, mostly blaming the accident ... (Source: msnbc.com 2010-11-08T23:23:50Z)

Google eyes other YouTube-sized deals

Google Inc. is ready to do more deals the size of YouTube and DoubleClick, according to its chief dealmaker. "The world changes really quickly, and companies that were small two years ago are huge today," corporate development vice president David Lawee ... (Source: Birmingham Business Journal 2010-11-08T15:45:42Z)

AT&T, Scripps Networks reach deal to return HGTV, other channels to U-verse

After a brief outage over the weekend, Scripps Networks channels are back on the air with AT&T Inc.'s U-verse video service. Negotiations on a new agreement broke down Friday after the two sides couldn't agree on how AT&T would be allowed to distribute ... (Source: Dallas Morning News 2010-11-09T05:14:35Z)

AOL ponders Yahoo

AOL Inc. has hired financial advisers to explore various strategic options for the company, one of which includes a possible tie-up with bigger rival Yahoo Inc., The Wall Street Journal reported. A deal between AOL and Yahoo would be complex because of the ... (Source: Birmingham Business Journal 2010-11-08T13:22:32Z)

Tar Heels' RB White done for the season

CHAPEL HILL — North Carolina has lost leading rusher Johnny White for the season with a broken collarbone. The senior was hurt in the first half of the weekend win at Florida State. White earned a leading role in the offense when tailbacks Shaun Draughn ... (Source: Asheboro Courier-Tribune 2010-11-08T05:30:05Z)

Amazon To Purchase Diapers.com For $545 Million

Amazon.com said today it has reached an agreement to acquire Quidsi, which operates Diapers.com and Soap.com. Under the terms of the deal, which was approved by Quidsi's stockholders, Amazon will purchase all outstanding shares of Quidsi for $500 million ... (Source: WebProNews 2010-11-09T04:24:29Z)

Is Troy Polamalu onto something?

Troy Polamalu is not a big talker. But when the Pittsburgh Steelers' do-it-all safety speaks it's usually with a purpose, as Polamalu is one of the NFL's most thoughtful players. Furthermore, Polamalu's suggestion this week of adding a governing body to ... (Source: ESPN.com 2010-11-05T14:37:40Z)

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