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 / September 18, 2010, 5:39 am

Argentina's Congress To Debate Employee Profit Sharing Bill

BUENOS AIRES -(Dow Jones)- Argentine companies would be required to ... and that has also received the cautious backing of President Cristina Fernandez's administration. If passed into law, profit sharing would ... (Source: Smart Money 2010-09-17T22:02:20Z)

TDC confirms Sunrise sale for $3.3 billion

COPENHAGEN (Reuters) - Denmark's TDC ( TDC.CO ) agreed to sell its Swiss unit Sunrise for 3.3 billion Swiss francs ($3.3 billion) in a deal seen by analysts as readying TDC for a stock offering and ... (Source: Reuters 2010-09-17T10:49:27Z)

Tennessee Titans, coach always get fired up for Pittsburgh Steelers

... Titans General Manager Mike Reinfeldt to recall the frigid temperatures, freezing rains and wicked hits that marked his Houston Oilers' back-to-back losses to the Pittsburgh Steelers in AFC ... receiver Hines Ward (Source: Nashville Tennessean 2010-09-17T20:43:35Z)

Fire tears through Guinea election security force office, 2nd blaze to hit ...

Guinea (AP) — A second fire has broken out in Guinea ... supporters of leading presidential candidate Cellou Dalein Diallo accused the government of sabotage following the first fire and of attempting to derail the ... (Source: Daily Press 2010-09-18T10:48:16Z)

Two top Drive Products execs make takeover bid that would see company go private

... Drive Products statement said 2256479 Ontario Inc., a company controlled by its CEO ... The offer is conditional on "the offeror, together with its affiliates, owning at least 66 and two-thirds per cent of the ... (Source: Brandon Sun 2010-09-17T22:38:07Z)

Cypress Bioscience Board of Directors to Review Unsolicited Tender Offer from Ramius LLC

SAN DIEGO , Sept. 15 /PRNewswire-FirstCall/ -- Cypress Bioscience, Inc. (Nasdaq: CYPB - News ) ("Cypress") today confirmed that Ramius LLC ("Ramius") has commenced an unsolicited tender offer to acquire all ... (Source: Yahoo Finance 2010-09-15T13:36:28Z)

Oktoberfest kicks off in Munich

Mayor Christian Ude used two swift taps of his hammer ... This year's Oktoberfest marks 200 years since it was first held to celebrate the wedding of Crown Prince Ludwig of Bavaria. It is also the first year that ... (Source: AP - msnbc.com 2010-09-18T10:48:16Z)

Microsoft pins hopes on 'Halo: Reach'

(Updates with closing stock price in seventh paragraph.) Sept. 14 (Bloomberg) -- At midnight, a line formed outside the GameStop store in New York's Herald Square. Shoppers were eager to get their hands on ... (Source: San Francisco Gate 2010-09-14T23:31:47Z)

PHI, Inc. Prices $300 Million Senior Notes Due 2018

... institutional buyers in accordance with Rule 144A under the Securities Act of 1933, as amended (the ... announcement shall not constitute an offer to sell or a solicitation of an offer to buy any securities, (Source: PR Inside 2010-09-17T07:29:01Z)

Shareholders approve UAL, Continental deal

... United parent UAL Corp. will own 55 percent of the new company, to be called United Continental Holdings Inc. and based in United's hometown of Chicago. It will be led by Continental Airlines Inc. CEO Jeff Smisek. (Source: Desert Sun 2010-09-18T08:17:57Z)

UPDATE: Argentina To Buy Back $2.2B Of GDP Warrants

BUENOS AIRES (Dow Jones)--Argentina President Cristina Fernandez plans to buy back more than $2 billion of government debt whose coupon is tied to the performance of the economy as her administration faces hefty ... (Source: Wall Street Journal 2010-09-17T20:29:16Z)

Drive Products Enters into Letter of Intent For Privatization Transaction

TORONTO, ONTARIO--(Marketwire - Sept. 17, 2010) - Drive Products Income Fund (the " Fund ") (TSX:DPI.UN) and 2256479 Ontario Inc. (the " Offeror "), a company controlled by Greg Edmonds, Chief Executive Officer of ... (Source: Market Wire 2010-09-17T17:16:00Z)

Ramius Goes Hostile In Bid For Cypress Bioscience, Raises Offer

Hedge-fund operator Ramius LLC boosted its takeover offer for Cypress Bioscience Inc. (CYPB) and took it directly to shareholders, launching a hostile bid that values the company at about $163 million. The ... (Source: Wall Street Journal 2010-09-15T11:27:37Z)

Germany Rolls Out Oktoberfest Barrel

Mayor Christian Ude used two swift taps of his hammer ... This year's Oktoberfest marks 200 years since it was first held to celebrate the wedding of Crown Prince Ludwig of Bavaria. It is also the first year that ... (Source: San Diego Channel 2010-09-18T11:16:54Z)

Guinea vote delays may stoke ethnic divisions

2010 | 12:36 a.m. Election officials on Thursday confirmed that a critical presidential runoff in Guinea has ... presidential candidate Cellou Dalein Diallo immediately accused the government of sabotage and of ... (Source: Las Vegas Sun 2010-09-18T07:42:09Z)

Fire hits Guinea election security force office

A second fire has broken out in Guinea's capital, only a day after a ... supporters of leading presidential candidate Cellou Dalein Diallo accused the government of sabotage following the first fire and of attempting ... (Source: AP - msnbc.com 2010-09-18T10:41:07Z)

UPDATE 2-TDC confirms Sunrise sale for $3.3 bln; shares jump

COPENHAGEN, Sept 17 (Reuters) - Denmark's TDC ( TDC.CO ) agreed to sell its Swiss unit Sunrise for 3.3 billion Swiss francs ($3.3 billion) in a deal seen by analysts as readying TDC for a stock offering ... (Source: Reuters 2010-09-17T08:26:17Z)

GameStop Announces Halo: Reach Launch Plans

GameStop Corp. (NYSE: GME) today announced plans to kick-off the highly anticipated Halo: Reach in a manner befitting the best-selling Xbox franchise of all time . Sept. 13 midnight launch events in almost ... (Source: Street.Com 2010-09-09T21:28:52Z)

Shareholders at United parent UAL, Continental approve deal to create world's ...

... United parent UAL Corp. will own 55 percent of the new company, to be called United Continental Holdings Inc. and based in United's hometown of Chicago. It will be led by Continental Airlines Inc. CEO Jeff Smisek. (Source: FOX News 2010-09-18T12:21:20Z)

Continental shareholders approve sale to UAL

It will be run by Continental CEO Jeff Smisek. Shareholders of United parent UAL Corp. are scheduled to meet Friday morning in Chicago, while Continental shareholders will gather in Houston. UAL would acquire ... (Source: Huffingtonpost.com 2010-09-17T15:14:19Z)

Steelers, Titans offer crucial early season test

... in the old AFC ... the Steelers play? "They have big-name guys like (Troy) Polamalu and Hines Ward and (Ben) Roethlisberger. It's not like this is their first time seeing those guys play," Hope said. The Titans (Source: TheInterMountain.com 2010-09-18T06:09:06Z)

FTI Consulting, Inc. Prices Upsized Offering of $400 Million Senior Notes Due 2020

... institutional buyers in reliance on the exemption from registration set forth in Rule 144A under the Securities Act of 1933, as amended (the "Securities ... or the solicitation of an offer to buy, any securities, (Source: CNBC 2010-09-17T11:25:15Z)

Cypress Bioscience Board To Review Unsolicited Tender Offer From Ramius - Quick Facts

(RTTNews) - Cypress Bioscience, Inc. (CYPB: News ) Wednesday confirmed that Ramius LLC initiated an unsolicited tender offer to buy all outstanding common shares of Cypress at a $4.25 per share in cash. Cypress said ... (Source: RTT News 2010-09-15T13:22:09Z)

Norfolk Southern Announces Private Exchange Offer

... institutional buyers and outside the United States pursuant to applicable exemptions from registration under the Securities Act of 1933 ... constitute an offer to sell or the solicitation of an offer to buy ... (Source: Yahoo Finance 2010-09-16T20:37:37Z)

Microsoft Pins its Hopes on "Halo: Reach," on Sale Today

Sept. 14 (Bloomberg) -- At midnight, a line formed outside the GameStop store in New York's Herald Square. Shoppers were eager to get their hands on "Halo: Reach," the first update of Microsoft Corp ... (Source: BusinessWeek 2010-09-14T15:03:33Z)

Drive Products executives make takeover bid

... Drive Products statement said 2256479 Ontario Inc., a company controlled by its CEO ... The offer is conditional on "the offeror, together with its affiliates, owning at least 66 and two-thirds per cent of the ... (Source: Metronews.ca 2010-09-17T20:29:16Z)

NFL Capsules - AFC: Manning, Wayne, Clark chase milestones vs. Giants

Titans, Buccaneers and Ravens while Roethlisberger sat out ... That's enough to show wide receiver Hines Ward, the Steelers' most experienced starter on offense, that he's capable of handling the job. "The more reps ... (Source: Brownsville Herald 2010-09-17T23:35:23Z)

Argentina's Markets Rise As Investors Cheer Budget, Ratings

BUENOS AIRES (Dow Jones)--Argentina's government bonds and stocks rallied Friday ... President Cristina Fernandez's budget ... (Source: Wall Street Journal 2010-09-17T21:33:42Z)

Munich re-enacts century-old horse race that began Oktoberfest

... Oktoberfest was quite different: it was a galloping race that was arranged as free public entertainment for the people of Munich to mark the 1810 royal wedding of Crown Prince Ludwig of Bavaria ... Christian Ude. (Source: Earthtimes 2010-09-17T13:55:34Z)

TDC confirms Sunrise sale for $3.3 bln; shares jump

COPENHAGEN, Sept 17 (Reuters) - Denmark's TDC agreed to sell its Swiss unit Sunrise for 3.3 billion Swiss francs ($3.3 billion) in a deal seen by analysts as readying TDC for a stock offering and boosting ... (Source: FOXBusiness 2010-09-17T11:10:56Z)

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