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 27, 2010, 10:43 am

Chris Bosh drops $12.5 million on Miami dream pad

Chris Bosh has purchased a 12,000-square-foot home on North Bay Road in Miami Beach. The 7-bedroom, 8-bath mansion just south of La Gorce Island sold for $12.5 million, said listing agent Lourdes Alatriste, of real estate firm Engel & Voelkers. Bosh's home ... (Source: Hoop Vibes 2010-09-25T20:34:06Z)

Is Comcast Nearing an NBC Universal Deal?

Is Comcast Corp. ( CMCSA ) on the verge of getting regulatory approval to acquire a controlling stake in NBC Universal ( NBCU )? A r ecent change at the helm of NBCU indicates this. Yesterday, Comcast and General Electric Co. ( GE ) , the current owner of ... (Source: Seekingalpha.com 2010-09-27T17:32:46Z)

Comcast Names Burke to Succeed Zucker to Revive NBC

(Updates shares in last paragraph.) Sept. 27 (Bloomberg) -- Comcast Corp. Chief Operating Officer Stephen Burke will succeed Jeff Zucker as chief executive officer of NBC Universal, taking over the effort to revive the television company once Comcast has ... (Source: BusinessWeek 2010-09-27T13:50:52Z)

Wal-Mart Bids $4.6 Billion for South Africa's Massmart

JOHANNESBURG—Retail giant Wal-Mart Stores Inc. is making a foray into the fast-growing African market with an offer to buy South African wholesaler Massmart Holdings Ltd. in a deal valued at around 32 billion rand ($4.6 billion). The companies said Wal ... (Source: Wall Street Journal 2010-09-27T08:50:13Z)

Wal-Mart offers to buy Massmart for $4.25B

Wal-Mart Stores Inc. is offering to buy South African retailer Massmart Holdings Ltd. for about $4.25 billion in a bid to jump-start growth beyond its sluggish U.S. business. A deal would give the world's largest retailer an opening to expand in South ... (Source: AP - msnbc.com 2010-09-27T15:09:37Z)

Southwest To Buy Airtran

In a deal valued at about 1.4 billion dollars, Southwest Airlines is going to buy Airtran Airways. If you throw in Airtran's debt, which Southwest is assuming that number climbs to 3.4 billion. About 670 million dollars of the deal will be cash, the rest ... (Source: NPR News 2010-09-27T16:28:21Z)

FTC OKs Coca-Cola bottler deal with conditions

Regulators have approved Coca-Cola Co.'s $3.4 billion buyout of the North American operations of its largest bottler on the condition that the soft drink maker restrict its access to business information from rival Dr Pepper Snapple Group Inc. The Federal ... (Source: AP - msnbc.com 2010-09-27T17:11:18Z)

House leader: Tax cut vote won't happen this week

W ASHINGTON — The second-ranking House Democratic leader says the House probably won't vote this week on extending middle-class tax cuts and will deal instead with the issue after the elections. Rep. Steny Hoyer of Maryland says that because the ... (Source: Boston Herald 2010-09-26T18:59:52Z)

Comcast's Burke to be chief of NBC Universal

Comcast Corp. 's second-in-command, Steve Burke, will become chief executive of NBC Universal when the merger of the entertainment assets of Comcast and General Electric Co. is complete, the two companies announced Sunday. Burke, 52, will succeed Jeff ... (Source: Chicago Tribune 2010-09-27T13:43:43Z)

Report: Mel Gibson was ready to pay Oksana Grigorieva $15M

T here is no question that when Oksana Grigorieva signed an agreement with Mel Gibson in May she got millions out of him and only gave one thing in return - a promise to destroy "evidence," including the secret tapes. The document obtained by TMZ.com ... (Source: Boston Herald 2010-09-25T23:25:54Z)

Beveridge Discusses China-Russia Energy Deals, Prices: Video

Sept. 27 (Bloomberg) -- Neil Beveridge, an analyst at Sanford C. Bernstein & Co. in Hong Kong, talks about energy cooperation between China and Russia. Russian President Dmitry Medvedev is on a three-day visit to China to diversify trade between the two ... (Source: Yahoo Finance 2010-09-27T01:26:24Z)

Little effect on Logan from Southwest's $1.4B AirTran deal

S outhwest Airlines' purchase of AirTran Airways for $1.42 billion won't have much impact on customers at Logan International Airport, said a Massport spokesman. "The sale should not have any major effect because the two airlines service many ... (Source: Boston Herald 2010-09-27T16:42:40Z)

House leader: Tax cut vote won't happen this week

The second-ranking House Democratic leader says the House probably won't vote this week on extending middle-class tax cuts and will deal instead with the issue after the elections. Rep. Steny Hoyer of Maryland says that because the legislation is stuck in ... (Source: AP - msnbc.com 2010-09-26T14:13:32Z)

Unilever PLC nears deal to buy maker of Alberto VO5: report

AFP - Anglo-Dutch food and cosmetics giant Unilever PLC is nearing a deal to buy US-based Alberto Culver Co., the Wall Street Journal reported Sunday, citing people familiar with the matter. According to the Journal, the Melrose Park, Illinois-based ... (Source: France 24 2010-09-27T00:07:40Z)

Unilever to acquire St. Ives and VO5 manufacturer Alberto Culver for $3.7 billion

MELROSE PARK, ILLINOIS (BNO NEWS) — Unilever has acquired Alberto Culver Company (ACC), which manufactures important beauty care brands such as TRESemme, Alberto VO5, and St. Ives, for approximately $3.7 billion, ACC said Monday. Along with the ... (Source: Thaindian.com 2010-09-27T14:48:08Z)

China, Russia Agree to Strengthen Strategic Partnership

The leaders of China and Russia have signed a statement to deepen their strategic partnership and cooperation. President Hu Jintao and Russian President Dmitry Medvedev inspected an honor guard at a welcoming ceremony Monday at Beijing's Great Hall of the ... (Source: Global Security 2010-09-27T17:32:46Z)

FTC okays Coca-Cola bottler deal with conditions

WASHINGTON (AP) — Regulators have approved Coca-Cola's $3.4 billion buyout of its largest North American bottler on the condition that the soft drink maker restrict its access to confidential competitive business information from rival Dr Pepper Snapple ... (Source: ABC 4 2010-09-27T17:32:46Z)

The Real Reason Why Oskana G Turned Down Mel Gibson's 15 Million Offer

The ex girlfriend of Mel Gibson, Oksana grigorieva has been sending her attorneys on a PR tour of the talk shows to try and salvage her image according to sources close to the investigation into her extortion case and domestic violence charges against Mel ... (Source: Associated Content 2010-09-25T05:03:32Z)

Unilever snaps up Simple and VO5

Consumer goods giant Unilever today unveiled a deal worth £2.3bn to add VO5 shampoo and Simple soap to its line-up of hair and skin care products. Unilever, which already owns brands such as Dove, Sunsilk, Pond's and Vaseline, said the proposed ... (Source: nebusiness.co.uk 2010-09-27T10:44:45Z)

Museum Day: 1,500 US museums offer free admission

WASHINGTON — More than 1,500 museums across the country are opening their doors today for free as part of Smithsonian magazine's sixth annual Museum Day. About 90 museums that are participating have a partnership with the Smithsonian Institution to show ... (Source: Pioneer Press 2010-09-25T16:16:24Z)

White House, Dems see tax cut vote after election

WASHINGTON (AP) â€" The second-ranking House Democratic leader says the House probably won't vote this week on extending middle-class tax cuts and will deal instead with the issue after the elections. Rep. Steny Hoyer of Maryland says that because the ... (Source: Daily Oklahoman 2010-09-26T15:46:35Z)

Oksana to Mel: I Don't Want Your Money

Oksana Grigorieva signed an agreement with Mel Gibson a month before their January 6 blowout , stating she would not make any claim on Mel's money in the event they broke up -- but boy did that change. According to the " Cohabitation Agreement ... (Source: TMZ.com 2010-09-25T07:55:20Z)

Heat's Chris Bosh scores a deal for Miami Beach home

Miami Heat big man Chris Bosh has purchased a 12,000-square-foot home on North Bay Road in Miami Beach, the real estate firm listing the property said Friday, shortly after the sale closed. The 7-bedroom, 8-bath mansion just south of La Gorce Island sold ... (Source: Bradenton Herald 2010-09-25T13:53:14Z)

Dr. Pepper Snapple: Getting Sweeter

Dr Pepper Snapple ( DPS ) shares have sold off in recent weeks. After hitting a 52-week high of $40.24 in July, the stock closed yesterday below $34. This equates to a market value of roughly $8 billion. For those who missed an opportunity to buy DPS in ... (Source: Seekingalpha.com 2010-09-24T05:40:30Z)

Bosh Closes On Miami Home For $3.5M Less Than Asking

Chris Bosh has purchased a 12,000-square-foot home on North Bay Road in Miami Beach. The 7-bedroom, 8-bath mansion just south of La Gorce Island sold for $12.5 million, said listing agent Lourdes Alatriste, of real estate firm Engel & Voelkers. Bosh's home ... (Source: RealGM 2010-09-25T19:58:19Z)

PREVIEW-New Russian oil for Asia as Sakhalin field launches

OKHA, Russia, Sept 27 (Reuters) - An ExxonMobil-led ( XOM.N ) Russian group this week launches a new wave of output from the oil fields off the Pacific island of Sakhalin as the world's top oil producer moves to conquer fast growing Asian energy markets ... (Source: Reuters 2010-09-27T16:06:53Z)

Nevada museums offer free admission today

WASHINGTON — More than 1,500 museums across the country, including some in Nevada, are opening their doors for free as part of Smithsonian magazine's sixth annual Museum Day. About 90 museums that are participating have a partnership with the ... (Source: Reno Gazette 2010-09-26T03:29:17Z)

1,500 museums across country , 10 in Minn., offer free admission for Smithsonian Museum Day

WASHINGTON - More than 1,500 museums across the country are opening their doors for free as part of Smithsonian magazine's sixth annual Museum Day. About 90 museums that are participating have a partnership with the Smithsonian Institution to show ... (Source: Minneapolis Star Tribune 2010-09-25T13:31:46Z)

Wal-Mart offers to buy South Africa's Massmart for $4.25B

BENTONVILLE, Arkansas (AP) — Wal-Mart Stores is offering to buy South African retailer Massmart Holdings for approximately $4.25 billion. A deal would give the world's largest retailer an opening to expand in Africa, a fast-growing region. " South Africa ... (Source: USA Today 2010-09-27T14:48:08Z)

Southwest Buys Rival AirTran in Latest Airline Merger

The deal will give Southwest more exposure to existing markets like New York and Boston as well as smaller markets it does not already serve. The companies said Monday that the new Southwest-Airtran operation would operate from more than 100 different ... (Source: New York Times 2010-09-27T11:42:01Z)

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