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 21, 2010, 9:42 am

Shareholder Alert: The Briscoe Law Firm Investigates Nu Horizons Electronics Corp ...

sale of Nu Horizons to Arrow Electronics, Inc. ("Arrow Electronics"). The definitive acquisition agreement announced on September 20, 2010 involves a transaction valued at approximately $130 million under which ... (Source: PR Inside 2010-09-21T14:55:15Z)

PTC (PMTC) Names Jeffrey Glidden as CFO

PTC (Nasdaq: PMTC ) announced that ... CFO at Airvana, Inc. from 2005 through 2010. Prior to Airvana, Mr. Glidden was senior vice president, finance and operations and CFO at RSA Security from 2002 to 2005. (Source: StreetInsider.com 2010-09-20T11:00:13Z)

Entry into a Material Definitive Agreement, Regulation FD Disclosure

RAE Systems Inc ... for a cash payment per share equal to the excess, if any, of the Merger Consideration over the exercise price of such Company Option. Pursuant to a Guarantee Agreement among Battery Ventures VIII, (Source: YAHOO! 2010-09-20T21:30:08Z)

Red Roof® Launches Sleep Cheaper!™

To take advantage of Sleep Cheaper! savings travelers must book through 800.RED.ROOF (800.733.7663) or redroof.com : . Not much of an early bird? If you are 50+ years of age, Red Roof has a deal for you, too! (Source: PR Inside 2010-09-20T12:18:57Z)

France's Safran to buy US biometrics and security firm L-1 Identity Solutions for ...

... Monday it will pay $1.1 billion to buy Stamford, Connecticut ... contractor BAE Systems for $296 million, BAE said earlier Monday. BAE says the group is a provider of security and counter-threat capabilities to ... (Source: FOX43.com 2010-09-20T11:36:00Z)

POLITICAL INSIDER: McMahon avoids Social Security

But she's refusing to talk specifics about entitlement programs such as Social Security or Medicare while seeking the seat ... When asked about President Barack Obama's bipartisan deficit commission, which is due to ... (Source: CNBC 2010-09-17T08:11:58Z)

Obama talk focuses on economics

WASHINGTON — President Barack Obama said Monday he doesn't care that the Great Recession ... I'm willing to cut veterans' benefits or Social Security benefits or I'm willing to see these taxes go up.'" (Source: New Haven Register 2010-09-21T06:41:20Z)

PG&E tells San Jose and other cities they have high-risk gas line segments

As PG&E prepares to release its list ... San Jose Mayor Chuck Reed said Pacific Gas & Electric Co. told his staff that the list includes one pipeline near the intersection of Tasman Drive and North First Street and ... (Source: San Jose Mercury News 2010-09-21T02:59:25Z)

PTC Names Jeffrey Glidden EVP, CFO - Quick Facts

or PTC (PMTC: News ) announced the ... CFO at Airvana Inc. from 2005 through 2010. Prior to Airvana, Mr. Glidden was senior vice president, finance and operations and CFO at RSA Security from 2002 to 2005. (Source: RTT News 2010-09-20T10:38:44Z)

Silver Lake Takes Stake in Brazil's Locaweb

Private a equity firm Silver Lake has bought a minority stake in Brazil's largest provider of hosting and cloud computing services, the companies said today. Silver Lake Sumeru, the middle-market ... (Source: Data Center Knowledge 2010-09-20T12:54:45Z)

Safran to buy U.S. biometrics firm for $1.1 billion

BAE says the group is a provider of security and counter-threat capabilities to the U.S. government. Both deals are subject to approval by U.S. regulators. (Source: Cleveland Plain Dealer 2010-09-20T18:24:02Z)

Steals & Deals: Red Roof hotel savings

... with limited availability at participating Red Roof properties across the U.S. If you book 10 days in advance, you can save up to 15 percent. To take advantage of Sleep Cheaper savings, travelers must book ... (Source: St. Louis Post-Dispatch 2010-09-20T18:38:21Z)

Nigeria: President reinstates trip to US after unexplained cancellation

Nigeria (AP) — Nigeria's president has reinstated a planned trip to the U.S. after abruptly canceling it without explanation. President Goodluck Jonathan ... National Security Adviser Aliyu Gusau resigned his ... (Source: Fort Lauderdale Sun-Sentinel 2010-09-21T14:26:37Z)

Recession pain still real, Obama says

WASHINGTON — President Barack Obama said Monday he doesn't care that the Great Recession ... I'm willing to cut veterans' benefits or Social Security benefits or I'm willing to see these taxes go up.'" The ... (Source: Post-Tribune 2010-09-21T09:04:30Z)

Nigeria security adviser quits, plans vote run: aide

... Gusau has resigned and plans to seek the ruling party nomination to run in presidential elections in January, a senior aide said on Sunday. The move means he will run against President Goodluck Jonathan ... Nigeria (Source: msnbc.com 2010-09-19T09:35:30Z)

Noble Group Buys Sempra-RBS Unit

... represents the second phase of asset sales that Sempra owns through its RBS-Sempra Commodities ... The Royal Bank of Scotland, aka RBS, has been Sempra's joint venture partner. Sempra Energy and RBS are in ... (Source: San Diego Business Journal 2010-09-20T18:45:30Z)

UPDATE 3-Deals of the day -- mergers and acquisitions

ID:nLDE68J0ZK] ** RAE Systems Inc ( RAE.A ), a provider of gas detection systems, said it agreed to be bought by venture capital firm Battery Ventures for about $95.1 million in a cash deal. [ID:nSGE68J0IR ... (Source: Reuters 2010-09-20T20:11:24Z)

Parametric Technology Names Jeffrey Glidden As CFO - Update

PMTC ... company Airvana Inc. He joined Airvana in 2005. Before that, Glidden served as the Senior Vice President and CFO of RSA Security. Commenting on the appointment, James Heppelmann, CEO-elect and president of PTC (Source: RTT News 2010-09-20T14:13:29Z)

Silver Lake Sumeru Announces Investment in Locaweb

Locaweb"), Brazil's leading provider of webhosting and cloud computing services. Silver Lake Sumeru's minority stake in the company marks the firm's first investment in Latin America. Locaweb, a pioneer in ... (Source: PR Inside 2010-09-20T11:14:32Z)

PG&E Releases Top 100 Pipeline List

The San Jose Mercury News remade ... Mayor Chuck Reed said one of the dangerous pipelines lies beneath the surface near the intersection of Tasman Drive and North First Street. Reed said PG&E told him the Tasman ... (Source: msnbc.com 2010-09-21T13:50:50Z)

UPDATE 1-RAE Systems to sell itself for $95 mln

Sept 20 (Reuters) - RAE Systems Inc ( RAE.A ), a provider of gas detection systems, said it agreed to be bought by venture capital firm Battery Ventures for about $95.1 million in a cash deal. Battery ... (Source: Reuters 2010-09-20T12:47:35Z)

Deals of the day -- mergers and acquisitions

Buyout firm Silver Lake agreed to buy a minority stake in Brazilian Web hosting company Locaweb for an undisclosed sum, to tap explosive growth in the world's fifth-largest Internet market. (Compiled by Tina Kwan in ... (Source: The Guardian 2010-09-20T04:05:02Z)

Arrow Electronics to buy Nu Horizons Electronics in deal valued at about $130 million

MELVILLE, N.Y. — Electronics and computer products distributor Arrow Electronics Inc. said Monday it will buy semiconductor distributor Nu Horizons Electronics Corp. in a deal valued at nearly $130 million. Arrow ... (Source: San Francisco Examiner 2010-09-21T06:27:01Z)

New Red Roof promotion offers multiple savings opportunities

... with limited availability at participating Red Roof properties across the U.S. Guests who book 10 days in advance can save up to 15 percent. To take advantage of Sleep Cheaper! savings travelers must book ... (Source: Palm Beach Post (blog) 2010-09-20T13:09:04Z)

Fitch keeps Sempra Energy on negative watch

... Sempra Energy ... RBS Sempra Commodities said the joint venture was being sold for $317 million in cash. The deal also includes $265 million in debt. Sempra Commodities is a joint venture of The Royal Bank of ... (Source: AP - msnbc.com 2010-09-20T19:14:08Z)

Arrow Electronics to buy Nu Horizons for $130 mln

The Asia-Pacific region, which is driving global sales of electronics products, accounted for about a quarter of Arrow's revenue in 2009, up from 18 percent in the prior year. Arrow will pay $7 per share for Nu ... (Source: Inside Fidelity 2010-09-20T15:10:45Z)

High-Risk Gas Lines Run Under San Jose, Milpitas

PG&E will release a list of 100 high-risk natural gas line segments as early as Monday. San Jose ... Mayor Chuck Reed said one of the dangerous pipelines lies beneath the surface near the intersection of Tasman Drive (Source: msnbc.com 2010-09-21T13:50:50Z)

BAE Systems buying US intelligence services unit of L-1 Identity Solutions for $ ...

BAE says the group is a provider of security and counter-threat capabilities to the U.S. government. L-1 is based in Stamford , Connecticut . The deal is subject to approval by U.S. regulators. (Source: Chicago Tribune 2010-09-20T10:45:54Z)

RBS Sempra Near N Amer Electric Retail Operations Sale To Noble-Sources

Royal Bank of Scotland Group PLC (RBS) and Sempra Energy (SRE) are nearing a deal to sell their joint venture's North American electricity retail business ... RBS Sempra Commodities, sold its European and Asian parts ... (Source: Smart Money 2010-09-17T18:06:07Z)

Nigeria: President reinstates trip to US

Nigeria— Nigeria's president has reinstated a planned trip to the U.S. after abruptly canceling it without explanation. President Goodluck Jonathan is ... National Security Adviser Aliyu Gusau resigned his position ... (Source: Boston Globe 2010-09-21T15:02:24Z)

Blog Archive