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Deals of the Hour / June 1, 2011, 4:46 pm

Spurrier proposes new way to pay athletes

Phillips said the idea was well received by the coaches, but he wasn't ready to sign off on it because it wasn't a standard deal. The importance of the proposal, Phillips said, is that it should stir the debate about helping student-athletes financially. (Source: ESPN.com 2011-06-01T23:16:56Z)

Stocks to Watch: Dollar General, Daktronics and More

BankUnited Inc. is nearing an agreement to buy New York-based Herald National Bank , Bloomberg News reported Tuesday, citing a person with direct knowledge of the matter. A deal might be announced as soon as this week, the person said. (Source: Wall Street Journal 2011-06-01T12:54:10Z)

Lenovo buys German computer seller Medion for $900 million

The acquisition, Lenovo's biggest since its purchase of IBM's PC business six years ago, comes four months after Lenovo signed a joint venture deal with NEC Corp to sell ... it started cooperating with German discount retail chain Aldi almost two decades ... (Source: Reuters 2011-06-01T13:01:19Z)

Casey Anthony Trial: Taped Conversation Shows Casey Anthony Building Elaborate Lie

The only time Anthony showed any emotion while listening to the tape was when she described Caylee's "very distinctive features…dark hazel eyes…she has a birth mark on her left shoulder…it's just like a small line, it almost looks like a small beauty mark." (Source: ABC News 2011-06-01T23:24:05Z)

Miramax reaches deal to put its films on Hulu

Miramax announced a similar deal ... offer any recently made movies from big Hollywood studios as Netflix does, although its collection of television shows is more extensive. Miramax, meanwhile, is pursuing a range of non-exclusive digital distribution ... (Source: Los Angeles Times 2011-06-01T23:16:56Z)

Spurrier, others propose paying football players

Steve brought a proposal in that opened up some dialogue. ... Just us having a dialogue was important. It wasn't a real standard deal, so I wasn't willing to put my name on anything that wasn't set in stone." Miles signed it without hesitation, saying it's ... (Source: Times and Democrat 2011-06-01T23:16:56Z)

Steve Spurrier has payment idea

Steve brought a proposal in that opened up some dialogue. ... Just us having a dialogue was important. It wasn't a real standard deal, so I wasn't willing to put my name on anything that wasn't set in stone." Miles signed it without hesitation, saying it's ... (Source: ESPN.com 2011-06-01T23:16:56Z)

In Their Own Words? Maybe

Hilary Duff released her first novel, "Elixir," last year. Lauren Conrad, the blond reality starlet, just landed a deal with HarperCollins to write a trilogy about a scheming, backstabbing Hollywood princess named Madison. Nicole Polizzi, otherwise ... (Source: New York Times 2011-06-01T23:24:05Z)

Explosions and street fighting grip Yemen capital

Global powers have been pressing Saleh to sign a Gulf-led deal to end his three-decade rule and stem spreading chaos in unstable Yemen, a haven for al Qaeda militants and neighbor to the world's biggest oil exporter, Saudi Arabia. Kuwait, a member of the ... (Source: NEXT 2011-06-01T23:24:05Z)

Lenovo Offers to Acquire Medion in Biggest Purchase Since IBM

J Sainsbury, Aldi Medion, based in Essen, Germany, supplies home- entertainment equipment and PCs to retailers including Aldi, Europe's biggest discount ... in the official offer document, he said. Van Duijl said he expects the deal to close in early ... (Source: BusinessWeek 2011-06-01T12:54:10Z)

Plea deal talks break down in Ind. school shooting

WISH-TV and The Indianapolis Star quote defense attorney Steven Litz as saying he proposed a plea deal for 16-year-old Michael Phelps of Martinsville, but prosecutors rejected it. Litz didn't disclose the proposed terms. Phelps is charged as an adult with ... (Source: St. Louis Post-Dispatch 2011-06-01T23:09:46Z)

Hulu to offer Miramax films to its subscribers

LOS ANGELES (AP) -- Hulu said Wednesday that it will offer hundreds of Miramax films ... rival Netflix has been spending heavily on deals to add more movies and TV shows to its streaming. With the Hulu deal, Hulu Plus subscribers will have access to ... (Source: Yahoo Finance 2011-06-01T12:04:03Z)

UPDATE 2-Vimpelcom Q1 profit rises 55 pct, beats forecasts

We hope to capitalise on that," he added. Izosimov said last month he would hand over the reins as CEO to Chairman Jo Lunder having led the company's disputed $6 billion deal to buy overseas telecoms businesses owned by the Egyptian tycoon Naguib Sawiris. (Source: Reuters 2011-06-01T11:56:54Z)

Miramax brings ad-free films to Hulu Plus

Miramax and Hulu have signed a multiyear deal that will see some of the studio's top films come to the streaming-video service. Starting today, Hulu Plus subscribers will have access to hundreds of ad-free Miramax films. Many of the titles will be ... (Source: CNET News 2011-06-01T13:29:57Z)

KKR Is King of the (Shale) World!

KKR took a $400 million capital commitment in the Eagle Ford shale in Texas into a $1.13 billion windfall, based on the valuation of the Marathon Oil deal. Kevin Kingsbury of Dow Jones Newswires writes: "KKR is showing why it's become a famed investor ... (Source: Wall Street Journal 2011-06-01T13:01:19Z)

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