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 / June 6, 2011, 2:49 am

Daimler, Rolls-Royce take majority in Tognum

Daimler said there is still two more weeks for remaining shares to be tendered under the €26 per share offer. Daimler and jet engine maker Rolls-Royce made a public takeover offer for Tognum on April 6. Tognum, located in Friedrichshafen, Germany ... (Source: Oregonian 2011-06-06T08:23:22Z)

UPDATE 3-Moncler drops IPO plans after Eurazeo buys stake

The European IPO market has had a difficult year, with many deals being pulled and most of those that have been completed trading below their offer price -- making investors increasingly unwilling to buy new offerings unless they are cheaply priced. (Source: Reuters 2011-06-06T09:13:29Z)

South Korea's President Request North to End Policy of Confrontation

In remarks on Monday, he repeated an offer to pursue a path towards peace with Pyongyang. In a Memorial Day address, President Lee Myung-bak called on North Korea to peacefully engage with the South. The president says North Korea should stop pursuing ... (Source: Voice of America 2011-06-06T09:20:38Z)

Plosser Says Stimulus Exit Plan Would Give Stability

Federal Reserve Bank of Philadelphia President Charles Plosser said a plan to withdraw the central bank's record monetary stimulus and "normalize" interest-rate policy would help avert confusion in financial markets. "By articulating a systematic ... (Source: Bloomberg 2011-06-06T08:44:51Z)

Diageo in $225m Kenya deal with SAB

In turn, East African Breweries will sell its 20 per cent stake in SABMiller's neighbouring Tanzania Breweries through a public offer as part of a broader move to unwind marketing, brewing and distribution agreements in the region. The two rival drinks ... (Source: Financial Times 2011-06-06T08:37:41Z)

MTV Movie Awards offer sneak peeks at anticipated 'Super 8,' new 'Twilight' and 'Potter' films

UNIVERSAL CITY, Calif. (AP) — This year's MTV Movie Awards came with a preview of next year's possible winners. Pattinson was the star of this year's Movie Awards, dropping an F-bomb , locking lips with Lautner and collecting awards for best kiss, best ... (Source: Orlando Sentinel 2011-06-06T08:52:00Z)

Some worry D-Day vets' heroism will be forgotten

Dickson said that the Virginia complex, which features 88 acres devoted to the Normandy invasion, can help explain D-Day and offer context for three generations of visitors. The first phase is the group of veterans who participated in the invasion. (Source: Post-Crescent 2011-06-06T09:13:29Z)

Clean up at your yard sale while clearing out clutter

Have a power strip and batteries at the ready to show people that electrical items work. Remember to offer your shoppers bags: plastic, paper, even old tote bags you never use, Ricci says. And think competitively. Set your event at a time and on a day when ... (Source: Delaware Online 2011-06-06T09:27:48Z)

Guest column: Teacher merit pay will move districts forward

Kasich in March - deals with these matters, too. (It is, of course, expected to be on the November ballot for voter consideration.) But they're wrong. The House budget bill's provisions are very different -and much better. SB 5 largely defines teacher ... (Source: Cincinnati.com 2011-06-06T09:20:38Z)

Peak District Online launches new exclusive 2011 Chatsworth House Video

You are invited to walk at your own pace through the house, absorbing the atmosphere of its beautiful rooms and the story that they tell of the family's history over the last 450 years. Looking out through the huge windows, with their gilded frames ... (Source: PRLog (free press release) 2011-06-06T09:13:29Z)

Daimler, Rolls-Royce win control of Tognum

FRANKFURT, Germany (AP) — Germany's Daimler AG and Britain's Rolls-Royce have won control of Tognum AG after their joint takeover offer gave them control of a 59.87 percent stake in the German-based maker of heavy-duty engines. Daimler said Tuesday there ... (Source: CBS MoneyWatch.com (blog) 2011-06-06T09:13:29Z)

Rolls-Royce, Daimler Jointly Hold 59.87% Of Tognum; Extends Offer Period

The offer period has been extended by two weeks in accordance with German law, the company said. Following expiry of the acceptance period of the public takeover offer, which was through Rolls-Royce and Daimler's 50:50 joint venture Engine Holding GmbH ... (Source: RTT News 2011-06-06T09:20:38Z)

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