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 29, 2010, 7:42 am

BNA's biggest airline getting bigger: Southwest buying AirTran for $1.4B

Southwest Airlines , which accounts for about half the flights out of Nashville International Airport, is buying AirTran Airways for $1.4 billion. Dallas-based Southwest (NYSE: LUV) announced a definitive agreement to acquire all of the outstanding common ... (Source: Nashville Business Journal 2010-09-27T19:55:56Z)

With AirTran deal, Southwest takes aim at Delta, business travelers

Leisure travelers turned Southwest Airlines Co. into a profit-making machine, but Monday's acquisition of AirTran shows how much Southwest is counting on business travelers to propel its growth in the future. The deal will let Southwest enter Atlanta and ... (Source: Salt Lake Tribune 2010-09-28T01:03:45Z)

UPDATE 1-LDK Solar signs $8.95 bln loan deal with CDB

Sept 27 (Reuters) - Chinese solar wafer maker LDK Solar Co Ltd ( LDK.N ) said it has signed a 60 billion yuan ($8.95 billion) credit agreement with China Development Bank (CDB) to support the company's long-term growth initiatives and corporate development ... (Source: Reuters 2010-09-27T07:52:57Z)

Southwest to buy Airtran; Wichita impact uncertain

Southwest Airlines announced Monday that it's buying rival discount carrier AirTran Airways in a deal for cash and assumed debt valued at $3.42 billion. AirTran operates three daily flights from Wichita Mid-Continent Airport to its Atlanta hub. Wichita ... (Source: Wichita Eagle 2010-09-28T04:59:58Z)

Southwest expands presence with AirTran buy

WASHINGTON/CHICAGO (Reuters) - Southwest Airlines, the nation's largest low-cost airline, plans to buy AirTran Holdings for $1.04 billion to expand into major East Coast markets as well as growth in the Caribbean. The cash and stock deal, announced early ... (Source: Reuters 2010-09-27T15:59:43Z)

Brigus Gold Corp. Announces C$50 Million "Bought Deal" Financing

BusinessWire - Brigus Gold Corp. ("Brigus Gold" or the "Company") (TSX: BRD)(NYSE Amex: BRD) is pleased to announce that it has entered into an agreement with a syndicate of investment dealers, whereby the Underwriters have agreed to: (i) purchase ... (Source: Forbes 2010-09-28T17:31:35Z)

Southwest Airlines to buy AirTran for about $1.42B in 1st major tie-up of discount carriers

NEW YORK - Southwest Airlines has agreed to buy AirTran in a $1.42 billion deal that will combine two of the nation's biggest discount carriers. The two airlines primarily overlap in the Baltimore and Orlando markets. Passengers traveling to and from those ... (Source: Minneapolis Star Tribune 2010-09-27T15:38:15Z)

Tribune sees Chapter 11 exit via new deal with Oaktree

Oaktree Capital Management L.P. and Angelo, Gordon & Co. L.P. have entered into an agreement with Tribune Company that "will settle claims surrounding 'Step 1' of the company's 2007 going-private transaction." Tribune says that it opens a pathway ... (Source: Radio Business Report 2010-09-28T21:49:17Z)

Southwest coming to Atlanta

Southwest Airlines will finally land at Hartsfield-Jackson Atlanta International Airport through a $1.4 billion acquisition of AirTran Airways , bringing with it more low-cost options for Atlanta travelers and competition for the major carriers. Dallas ... (Source: Birmingham Business Journal 2010-09-27T13:00:46Z)

LDK Solar Reaches Strategic Financing Deal With China Development Bank For Up To RMB 60 Bln - Quick Facts

(RTTNews) - LDK Solar Co. Ltd. (LDK: News ) said it entered into a strategic financing agreement with China Development Bank Corporation or CDB, a joint stock banking corporation wholly owned by the state of China. As per the deal terms, CDB would provide ... (Source: RTT News 2010-09-27T07:24:19Z)

Number of TV shows based on Twitter is now TWO

Since the networks aired "*#&l My Father Says," and 12 million people tuned in, this was inevitable: CBS has locked in a deal for @shhdontellsteve, a Twitter account that regales its followers with the antics of one man's roommate. While nowhere near as ... (Source: Minneapolis Star Tribune 2010-09-28T19:33:17Z)

Southwest seeks business fliers with AirTran deal

Southwest Airlines' acquisition of AirTran shows that the favorite airline of leisure travelers will be depending on business travelers to propel its growth in the future. The $1.42 billion deal announced Monday will let Southwest enter Atlanta and expand ... (Source: AP - msnbc.com 2010-09-27T20:10:15Z)

Southwest merger with AirTran means Southwest could add two Gulf Coast destinations

MOBILE, Ala. -- Southwest Airlines Co. will buy AirTran Holdings Inc. for $1.42 billion plus debt in a merger that will remake the low-cost airline industry, especially in the Southeast. If Southwest keeps all routes now served by Orlando-based AirTran, it ... (Source: Everything Alabama Blog 2010-09-28T10:07:47Z)

BMO: Not Sure About Trading Up to a Faux Chateau? Renovating Offers a Cost-Effective Alternative

TORONTO, ONTARIO--(Marketwire - Sept. 29, 2010) - Renovation investment in Canada grew 14 per cent in the second quarter of 2010, marking the second largest year-over-year increase in nearly a decade. And as the housing market in Canada continues to ... (Source: Market Wire 2010-09-29T12:01:07Z)

Law Office of Brodsky & Smith, LLC Announces Investigation of AirTran Holdings, Inc.

Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of AirTran Holdings, Inc. ("AirTran" or the "Company) (NYSE: AAI), the parent company of AirTran Airways, related to the Company's ... (Source: PR Inside 2010-09-29T06:39:00Z)

UPDATE 4-Tribune eyes hedge fund deal to exit Chapter 11

Tribune's senior bondholders would receive a total distribution of $300 million, or about 23 percent of their claim amount, in cash. In addition, Tribune said the bondholders would receive a portion of a trust that will be set up to pursue legal action ... (Source: Reuters UK 2010-09-29T00:55:24Z)

AirTran deal gives Southwest bigger map

Leisure travelers turned Southwest Airlines Co. into a profit-making machine, but Monday's acquisition of AirTran shows how much Southwest is counting on business travelers to propel its growth. The deal will let Southwest enter Atlanta and expand ... (Source: Olympian 2010-09-28T07:01:40Z)

The Joke's on Twitter

How's this for a pre-emptive parody: The first TV spoof of "$#*! My Dad Says," the new CBS cranky-old-man sitcom inspired by a popular Twitter feed , aired in the half hour before the show's debut last Thursday. The second season premiere of NBC's ... (Source: NBC Philadelphia 2010-09-29T00:48:15Z)

Ashton Kutcher annd CBS partner for a Twitter series

Ashton Kutcher 's marriage may be the subject of much media speculation right now, but Ashton is going on with business as usual. The actor/producer has just made a deal with CBS for his company to produce a new comedy based on the Twitter feed, "Shh ... (Source: MSN 2010-09-28T19:54:45Z)

Southwest Airlines to acquire rival AirTran in $3.4B deal

The two largest airlines serving Baltimore/Washington International Thurgood Marshall Airport plan to become one. Southwest Airlines said Monday morning that it has reached a deal to acquire competing discount air carrier AirTran Airways in a transaction ... (Source: Baltimore Business Journal 2010-09-27T12:24:58Z)

Fitch Affirms Southwest Airlines at 'BBB'; Outlook Stable

BusinessWire - Fitch Ratings has affirmed the debt ratings of Southwest Airlines Co. (NYSE: LUV) following today's announcement that LUV plans to acquire AirTran Holdings, Inc. (NYSE: AAI) in a cash and stock deal with an equity value of approximately $1.4 ... (Source: Forbes 2010-09-27T20:17:25Z)

Southwest Airlines Takes Aim at Bigger Rivals With AirTran Deal

In a deal that turns up the heat on its bigger rivals, Southwest Airlines Co. (NYSE: LUV ) on Monday announced plans to buy discount carrier AirTran Holdings Inc. (NYSE: AAI ) for $1.4 billion. By nabbing AirTran, Southwest is making a move that supports ... (Source: Seekingalpha.com 2010-09-29T09:02:10Z)

Rodinia Lithium Inc. Announces Increased Resource Potential at Salar de Diablillos Based on ...

TORONTO, ONTARIO--(Marketwire - Sept. 29, 2010) - Rodinia Lithium Inc. ("Rodinia" or the "Company") (TSX VENTURE: RM )(OTCQX:RDNAF), is pleased to report that it has received the results from a gravity survey covering its Salar de Diablillos lithium-brine ... (Source: StreetInsider.com 2010-09-29T12:15:26Z)

LDK Solar Jumps 7% On $8.9 Billion China Development Bank Financing (LDK)

9/27/2010-Chinese solar wafer maker LDK Solar ( NYSE:LDK ) rose 7% to $8.85 in pre-market trading after it received $8.9 billion in financing from China Development Bank Corp. LDK Solar said the deal will enable it to "pursue our long-term growth strategy ... (Source: Comtex Smartrend 2010-09-27T11:49:11Z)

Southwest acquiring AirTran Airways in deal valued at $3.4 billion

Southwest Airlines agreed Monday to buy AirTran Holdings Inc. , the parent company of AirTran Airways, in a cash and stock deal. Under the terms of the agreement, AirTran (NYSE: AAI) shareholders will receive $3.75 per share in cash and 0.321 shares of ... (Source: San Antonio Business Journal 2010-09-27T15:16:46Z)

Tribune in Oaktree deal, could leave Chapter 11

WILMINGTON, Del. (Reuters) - Bankrupt newspaper publisher Tribune Co said Tuesday it reached an agreement with two hedge funds that would settle some claims related to its 2007 leveraged buyout and clear the way for it to exit Chapter 11. Tribune's ... (Source: FOXBusiness 2010-09-29T01:02:34Z)

Southwest Airlines to buy AirTran for $1.4B, combining 2 of nation's largest discount carriers

NEW YORK (AP) — Southwest Airlines has agreed to buy AirTran in a $1.42 billion deal that will combine two of the nation's biggest discount carriers. The two airlines primarily overlap in the Baltimore and Orlando markets. Passengers traveling to and ... (Source: Los Angeles Times 2010-09-27T16:21:12Z)

Southwest AirTran Merger Is Good for Airlines, Bad for Consumers

It's merger Monday. Several deals were announced today, but the one sure to catch most Americans' eyes is the deal between Southwest and AirTran. Southwest will be paying $1.4 billion in cash and stock to acquire the smaller airline. The deal makes a lot ... (Source: Atlantic Online (blog) 2010-09-27T14:40:59Z)

Southwest Airlines to buy AirTran in $3.4B deal

Southwest Airlines, the third-largest carrier at Denver International Airport , said Monday it plans to buy AirTran Airways for nearly $1.4 billion in cash and stock. Dallas-based Southwest (NYSE: LUV) announced a definitive agreement to acquire all of the ... (Source: Denver Business Journal 2010-09-27T12:46:27Z)

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