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Deals of the Hour / June 28, 2011, 12:45 pm

Dodgers Go to Court for Bankruptcy Loan as McCourt Seeks Television Deal

The Dodgers, which need cash to make payroll in two days, have a $150 million financing commitment to support operations while trying to complete a television-rights deal, according to ... The Dodgers will pursue a sale of the TV rights while in bankruptcy ... (Source: Bloomberg 2011-06-28T05:55:36Z)

Shia LaBeouf On Hooking Up With Megan Fox And 5 Other Quotables From Details Profile

The "Transformers: Dark of the Moon" star, whose new movie hits theaters tomorrow, opened up to the magazine about fame, family and future projects, but it's his comments about ex co-star Megan Fox (trust us, we were just as shocked as you) that are ... (Source: MTV.com 2011-06-28T19:24:29Z)

Shia LaBeouf spills on Megan Fox hookup in new Details interview

In the new issue of Details, conveniently timed to coincide with the Friday (July 1) of his new movie, "Transformers: Dark of the Moon," star Shia LaBeouf dishes on his extremely busy love life and finally admits that he did indeed hook-up with Megan Fox ... (Source: Hartford Courant 2011-06-28T19:31:38Z)

Greek police clash with austerity protesters

Labour unions launched a 48-hour strike to protest the measures and more than 5,000 police were deployed to the center of the capital to deal with the protests, with most attention focused on Syntagma Square in front of the parliament. The rally was ... (Source: msnbc.com 2011-06-28T19:24:29Z)

Dodgers Slide Into Chapter 11

In a final effort to convince Mr. Selig to approve the Fox deal, Mr. McCourt offered to put all of the proceeds ... MLB spokesman Pat Courtney said the commissioner has the right to approve television deals, adding "The commissioner didn't get Frank ... (Source: Wall Street Journal 2011-06-28T05:55:36Z)

Supreme Court will rule on nudity, profanity in prime-time TV

WASHINGTON -- The Supreme Court on Monday struck down a California law that limited the sale of violent video games to minors ... Roberts Jr. , applauded California's effort to deal with a "serious social problem: the effect of exceptionally violent ... (Source: Los Angeles Times 2011-06-27T17:16:49Z)

Bachmann: 'Scare Tactics' in Debt Ceiling Issue

The three-term congresswoman from Minnesota said the U.S. could avoid a default by paying only the interest on U.S. obligations while lawmakers work on a deal to cut spending dramatically as part of a new debt ceiling. Such an approach has been derided as ... (Source: FOX News 2011-06-27T00:41:49Z)

UPDATE 2-China's Sun Art to raise up to $1.1 bln in HK IPO-term sheet

Nine cornerstone investors, including sovereign wealth fund Government of Singapore Investment Corp (GIC), will take up 40 percent of the IPO, paying a combined $420 million, sources with direct knowledge of the deal said. They said the offer was fully subscribed. (Source: Reuters 2011-06-28T05:26:58Z)

Supreme Court says Calif. can't ban violent video game sales

The Supreme Court says California cannot ban the rental or sale of violent video games to children. The high court agreed Monday with a federal court's decision to throw out California's ban on the sale or rental of violent video games to minors. (Source: Los Angeles Times 2011-06-27T15:50:55Z)

Egypt spy trials sour links with Israel

Cairo has already cut off supplies of natural gas to Israel and demanded it renegotiate a 2005 deal made with Mubarak that critics ... The Pentagon said June 11 U.S. arms deals made with Mubarak's regime remain in place -- for now, anyway. (Source: United Press International 2011-06-28T19:38:48Z)

Treasury Sells 5-yr Debt At 1.615%; Bonds Decline

Indirect bidders, a group that includes foreign central banks, purchased 37.6% of the sale, versus an average of 40.9%. Direct bidders, a group which includes domestic money managers, bought another 10.5%, compared to 9.8% on average. After the buyback ... (Source: FOXBusiness 2011-06-28T19:31:38Z)

Lady Gaga sued over Japan earthquake charity bracelets

Michigan legal network 1800LAWFIRM also alleges that Gaga and other companies involved in the sale and marketing of the $5 white and red "We Pray for Japan" wristbands overcharged buyers on shipping costs and "artificially inflated reports of total donations". (Source: KWCH.com 2011-06-28T19:38:48Z)

GSV investment values Facebook at $70 billion

GSV did not disclose how it acquired the shares, but exchanges like SharesPost and its larger rival, SecondMarket, facilitate private deals between those who own stock in private ventures -- often early employees and investors -- and eligible buyers. (Source: CNN Money 2011-06-27T20:58:43Z)

New Investor for Facebook, at a Discount.

As if Facebook needs the money. Investment firm GSV Capital Corp. has paid $6.6 million to acquire 225,000 shares of privately-held Facebook, a move that values the social networking giant at close to $30 a share, our Dow Jones Newswires colleagues are ... (Source: Wall Street Journal 2011-06-27T12:37:39Z)

Court rejects ban on violent games

WASHINGTON – States cannot ban the sale or rental of ultraviolent video games to children, the Supreme Court ruled Monday, rejecting such limits as a violation of young people's First Amendment rights and leaving it up to parents and the multibillion ... (Source: The Spokesman-Review 2011-06-28T19:31:38Z)

Bachmann Opens Campaign as Expectations Grow

The Iowa Straw Poll on Aug. 13, which she described as "a big deal" to an audience of admirers here, will be the first test of the depth of Mrs. Bachmann's support. She has brought on a team of new strategists, several of whom were at the side of ... (Source: New York Times 2011-06-28T19:17:19Z)

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