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 20, 2010, 1:40 am

Kuwait's Kipco To Sell Stake In Gulf Insurance To Fairfax

RIYADH (Zawya Dow Jones)--Kuwait Projects Co. (KPROJ.KW), or Kipco, said Sunday that it signed a deal with Fairfax Financial Holdings Ltd. (FFH.T) to sell a 39.2% stake in Gulf Insurance Gulf Insurance Co., or GIC ... (Source: Zawya.com 2010-09-19T14:36:09Z)

TDC to Sell Swiss Telecom Unit to CVC Funds

TDC Group ... investment funds advised by CVC Capital Partners , the private equity group, for 3.3 billion Swiss francs. The $3.25 billion deal, which comes after an attempt to merge Sunrise with France Telecom 's ... (Source: New York Times Blogs 2010-09-17T08:11:58Z)

United, Continental airline deal approved

... the planes ... Delta, Air France-KLM and American Airlines to become the world's biggest airline. Shareholders of United parent UAL Corp. will own 55 percent of the new company, to be called United Continental ... (Source: KABC 2010-09-19T02:11:41Z)

Doctor shot at Johns Hopkins hospital in Baltimore

Baltimore police say they're setting up a tactical operation to deal with a gunman who is holed up on the eighth floor of Johns Hopkins hospital after shooting a doctor. A spokesman for Johns Hopkins hospital in ... (Source: AP - msnbc.com 2010-09-16T16:27:05Z)

Court sale of Philly newspapers collapses

... newspapers says creditors ... auction block — again — as lenders struggle to complete their $139 million purchase by Tuesday's deadline. The bankruptcy sale of The Philadelphia Inquirer and Philadelphia ... (Source: Allentown Morning Call 2010-09-14T16:50:56Z)

CVC Capital To Buy TDC's Swiss Arm Sunrise For About US$3.26 Bln - Update

RTTNews) - Private equity firm CVC Capital Partners Friday said it reached a definitive deal ... TDC terminated a deal with France Telecom, following Swiss Competition Commission 's prohibition of the combination of ... (Source: RTT News 2010-09-17T15:35:47Z)

Telstra expects to profit from SouFun sale

... expects to receive $US433 million ($A462.2 million) from the sale of its stake in Chinese real estate website ... public offer (IPO). The company said on Friday that 2.93 million American depositary shares (ADS ... (Source: Business Spectator 2010-09-17T08:33:27Z)

Telstra expects $US433 from SouFun sale

... expects to receive $US433 million ($A462.2 million) from the sale of its stake in Chinese real estate website ... public offer (IPO). The company said on Friday that 2.93 million American depositary shares (ADS ... (Source: ninemsn 2010-09-17T07:50:30Z)

Tigers-White Sox Preview

The Tigers have outscored the White Sox 29-7 over the winning streak with Verlander (16-8, 3.48 ERA) picking up the ... Manager Jim Leyland said Coke will be the club's closer while Jose Valverde works out some ... (Source: ESPN.com 2010-09-18T14:58:48Z)

Shurtleff joins fight against Calif. video game law

SALT LAKE CITY -- Utah Attorney General Mark Shurtleff has decided to join a legal fight against a California law prohibiting the sale of violent video games to children. The Salt Lake Tribune reports that Shurtleff ... (Source: Daily Herald 2010-09-19T07:05:11Z)

Utah blaze sparked at firing range burns 2 homes

A Utah National Guard spokesman told the Salt Lake Tribune that dry brush caught fire during an artillery training session. (Source: Arizona Daily Star 2010-09-20T06:06:43Z)

Johns Hopkins Hospital: Gunman Shoots Doctor, Then Kills Self and Mother

A gunman upset over news about his mother's medical condition opened fire inside Baltimore's Johns Hopkins Hospital Thursday morning, wounding a doctor before fatally shooting his mom and then turning the ... (Source: ABC News 2010-09-16T19:47:31Z)

Court sale of Philly newspapers nears collapse

Philadelphia's two largest newspapers could go on the auction block _ again _ as lenders ... Philadelphia Inquirer and Philadelphia Daily News appears near collapse over the drivers' pension plan.Creditors have until ... (Source: msnbc.com 2010-09-14T13:16:11Z)

KIPCO sells stake in Kuwait's largest insurer to Canada's Fairfax

KUWAIT CITY, Sept. 19 (Xinhua) -- Kuwait Projects Co. (KIPCO), the Gulf state's biggest investment company by assets, announced Sunday it has an agreement to sell a 39.2 percent stake in Gulf Insurance Co. (GIC), the ... (Source: Xinhua News Agency 2010-09-19T19:08:10Z)

Flurry of Acquisitions at Toronto Film Festival

... week as the Toronto International Film Festival comes to a close.  Here's a rundown of the acquisitions: Lionsgate and Roadside Attractions joined forces to pick up the U.S. rights to Robert Redford's ... (Source: News in Film 2010-09-16T17:24:21Z)

Canada's Fairfax buys stake in Kuwait insurer

AFP - Kuwait Projects Co. (KIPCO) said on Sunday it has agreed to sell Canada-based Fairfax Financial Holdings Limited a 39.2-percent stake in Gulf Insurance Co. for 208.6 million dollars. The deal will ... (Source: France 24 2010-09-19T15:26:15Z)

Israeli PM: Palestinian recognition of Israel's Jewish character crucial for peace deal

JERUSALEM (AP) — Days ahead of a crucial peacemaking session, Israel's prime minister touched a raw nerve with the Palestinians on Sunday by demanding they recognize Israel as a Jewish state ... (Source: Orlando Sentinel 2010-09-12T14:58:46Z)

Awards and More Film Sales Close 2010 TIFF

The Toronto International Film Festival (TIFF) has come to a close with the announcement of the annual ... Lionsgate and Roadside Attractions picked up Dan Rush's indie dramedy Everything Must Go starring Will ... (Source: Coming Soon! 2010-09-19T20:05:26Z)

SouFun soars 73% on NYSE debut

The company raised $125 million by selling shares at the top end of an indicated range in the US IPO. SouFun is the first of ... SouFun sold 2.933 million ADSs (American depositary shares) which each represent four ... (Source: Finance Asia 2010-09-20T02:31:58Z)

Utah AG joins fight against Calif. law that restricts sale of violent video games ...

SALT LAKE CITY (AP) — Utah Attorney General Mark Shurtleff has decided to join a legal fight against a California law aimed at restricting the sale of violent video games to children. The Salt Lake Tribune reports ... (Source: Fox 13 Now - Salt Lake City 2010-09-18T18:47:52Z)

Duo close deal on 'Conspirator'

Robert Redford added: "Being invited to the Toronto International Film Festival was a pleasure, and now also to partner with distinguished distributors, Lionsgate and Roadside Attractions, is an even greater pleasure." (Source: Variety 2010-09-15T17:47:00Z)

Former Israeli PM's Stunning Claim... 100,000 Palestinians Were To Get U.S ...

... the building of Jewish settlements in East Jerusalem, and doesn't even want to start the discussions with borders, he wants the core issues of the talks to be Israel's security and his desire for Palestinian ... (Source: DAILY KOS 2010-09-20T07:39:47Z)

TDC confirms Sunrise sale for $3.3 bln; shares jump

... Reuters) - Denmark's TDC ... firm CVC Capital Partners, confirming what sources told Reuters on Thursday. The deal followed an attempt by the Danish telecom operator to sell Sunrise to France Telecom's Swiss ... (Source: FOXBusiness 2010-09-17T11:10:56Z)

UAL, Continental shareholders approve airline deal

... the planes ... Delta, Air France-KLM and American Airlines to become the world's biggest airline. Shareholders of United parent UAL Corp. will own 55 percent of the new company, to be called United Continental ... (Source: Denver Post 2010-09-17T21:26:32Z)

Israeli FM wants all Arabs out

Lieberman said that Tel Aviv had to redraw what he referred to as 'Israel's borders' to transfer Palestinians out, while incorporating residents of Jewish settlements in the West Bank. (Source: OpEdNews.com 2010-09-20T05:16:37Z)

United, Continental shareholders OK airline deal

... planes ... Airlines in 2008 — which made Delta the biggest airline, for a while — the combined company reduced the supply of seats on U.S. flights. He expects the same to happen when United and Continental ... (Source: TheDay 2010-09-17T18:41:54Z)

Police: Doctor shot at Johns Hopkins hospital in Baltimore; suspect holed up inside

BALTIMORE (AP) — Baltimore police say they're setting up a tactical operation to deal with a gunman who is holed up on the eighth floor of Johns Hopkins hospital after shooting a doctor. A spokesman for Johns ... (Source: Cleveland News - Fox 8 2010-09-16T16:19:55Z)

White Sox lose fourth in row, 9-2 to Tigers

... Tigers manager Jim Leyland is starting to see some benefits from an important ... Leyland said Phil Coke will take over the closer duties as Jose Valverde deals with unspecified issues. Leyland refused to get ... (Source: Peoria Journal Star 2010-09-18T06:30:34Z)

Scherzer strikes out 11, Tigers beat White Sox

... Tigers manager Jim Leyland is starting to see some benefits from an important ... Leyland said Phil Coke will take over the closer duties as Jose Valverde deals with unspecified issues. Leyland refused to get ... (Source: Times Union 2010-09-18T04:57:31Z)

Price may drop at 2nd auction for Philly newspapers; creditors walked away from $139M deal

The Philadelphia Inquirer and Philadelphia Daily News go back on the auction block next week, after creditors walked away from a planned $139 ... "My secured lenders are saying to me, 'The economics have changed. This is ... (Source: Washington Examiner 2010-09-16T23:15:06Z)

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