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 / October 15, 2010, 10:40 pm

Liverpool Sale to Red Sox Owner Finalized

The battle for ownership of Liverpool F. C. ended Friday with the sale of the club to New England Sports Ventures, the owners of the Boston Red Sox , for about $480 million. The consummation of the deal came after the outgoing owners Tom Hicks and George ... (Source: New York Times 2010-10-15T20:31:52Z)

Countrywide co-founder, 2 others settle with SEC

Los Angeles — Countrywide Financial Corp. co-founder Angelo Mozilo and two other former executives have agreed to pay tens of millions of dollars to settle civil fraud and insider trading charges with federal regulators, lawyers said in federal court ... (Source: Detroit News 2010-10-16T05:00:06Z)

"Hobbit" could start shooting as soon as February

LOS ANGELES (Hollywood Reporter) - Peter Jackson's adaptation of J.R.R. Tolkien's "The Hobbit" likely will start shooting in February, if it can overcome one key hurdle. Warner Bros. and MGM, which is acting as co-financing partner, have reached a deal ... (Source: Reuters 2010-10-16T00:35:14Z)

Government Reports $1 Trillion-Plus Deficit

WASHINGTON - The Obama administration reported Friday that the federal budget deficit exceeded $1 trillion for the second straight year, providing critics of government spending with fresh ammunition ahead of the midterm congressional elections. The ... (Source: msnbc.com 2010-10-16T04:17:09Z)

Tom Hicks-owned Liverpool soccer club sold after Dallas judge lifts restraining order

Dallas financier Tom Hicks had his ownership of Liverpool Football Club sold from under him Friday after a he ended a legal effort to have a Texas judge halt the sale. Liverpool was officially sold to Boston Red Sox owners New England Sports Ventures ... (Source: Dallas Morning News 2010-10-15T15:59:51Z)

Timeline - Ownership battle at Liverpool takes new twist

(Reuters) - The ownership battle for Premier League side Liverpool took a new twist after owners George Gillett and Tom Hicks were granted a temporary restraining order by a Texan court prohibiting the sale of the club Here is a timeline on its ownership ... (Source: Reuters UK 2010-10-14T05:52:35Z)

Chile miners stay mum, will share profits on story

C OPIAPO, Chile — The first rescued Chilean miners out of the hospital celebrated their new lives as national heroes Friday, as word emerged that the 33 want to closely guard their story so they can fairly divide the spoils of their media stardom. That ... (Source: Boston Herald 2010-10-16T04:17:09Z)

Liverpool completes sale to New England Sports Ventures

L ONDON — Liverpool says the club has been sold to the owners of the Boston Red Sox [ team stats ] . The 300 million pound ($476 million) takeover by New England Sports Ventures was completed Friday after a bitter court fight with the club's previous ... (Source: Boston Herald 2010-10-15T15:59:51Z)

Chilean miners not detailing their ordeal - yet

COPIAPO, Chile - The first three rescued Chilean miners out of the hospital celebrated their new lives as national heroes Friday, as word emerged that the 33 want to closely guard their story so they can fairly divide the spoils of their overnight media ... (Source: Tampa Bay Online 2010-10-16T01:11:02Z)

Court gives Liverpool sale go ahead

The High Court have given RBS the go-ahead to continue with sale of Liverpool FC after granting an anti-suit injuction against Tom Hicks and George Gillett's attempts to block the sale through a Texan court. December, 2006 - Liverpool confirm they have ... (Source: ESPN Soccernet 2010-10-14T16:36:49Z)

NYC's Whitney Museum sells buildings to fund move

The Whitney Museum of American Art in New York City has sold eight buildings near its Madison Avenue locale, paving the way for construction of a new facility across town. The sale price was not disclosed. But the Whitney told The New York Times on ... (Source: AP - msnbc.com 2010-10-15T14:33:57Z)

TIMELINE-Ownership battle at Liverpool nearing end

Oct 13 (Reuters) - Premier League side Liverpool inched closer to a sale on Wednesday after a High Court judge ruled against their unpopular American owners and backed the club's board and its right to negotiate a deal. [ID:nLDE69C11S] Here is a timeline ... (Source: Reuters UK 2010-10-13T13:24:44Z)

Deal lobbied state on landfill, documents say

ATLANTA --- While in Congress, Republican Nathan Deal lobbied Georgia's attorney general and top environmental officials to allow development of a landfill that he and his business partner wanted next to their Gainesville auto salvage yard, according to e ... (Source: Augusta Chronicle 2010-10-14T05:52:35Z)

Countrywide execs strike deal with SEC

LOS ANGELES - Angelo Mozilo, who presided over the spectacular rise and devastating fall of Countrywide Financial Corp., struck a deal Friday to avoid going to trial next week on accusations of fraud and insider trading. Mozilo, 71, and two former top ... (Source: AZCentral.com 2010-10-16T01:53:59Z)

'The Hobbit' finally escapes the trolls

It's taken a long time -- longer than it takes most movies to be shot, released and come out on DVD  -- but "The Hobbit" is now a real film. A pair of them. After being widely known for weeks that a deal for to finance the Peter Jackson-directed 3-D ... (Source: Los Angeles Times 2010-10-16T02:44:05Z)

Deal in place to keep Coyotes in Arizona

The Coyotes may be staying in the desert after all. According to the Phoenix Business Journal, Chicago finance executive Matthew Hulsizer has a deal in place with the NHL that would keep the Coyotes in Arizona. The report also says that Hulsizer has agreed ... (Source: Sporting News 2010-10-15T20:53:20Z)

Govt. Report: Deficit Exceeds $1 Trillion

(WASHINGTON) — The Obama administration is set to report Friday that the federal budget deficit exceeded $1 trillion for the second straight year, providing critics of government spending with fresh ammunition ahead of the midterm congressional elections ... (Source: Time 2010-10-15T06:12:52Z)

Matthew Hulsizer has deal in place to buy Phoenix Coyotes

Chicago finance executive Matthew Hulsizer has a tentative deal in place to buy the Phoenix Coyotes from the National Hockey League . The sale would keep the Coyotes in Arizona. Hulsizer also has forged lease terms with the city of Glendale to keep the ... (Source: Birmingham Business Journal 2010-10-15T19:56:04Z)

Barnes, Deal spar in feisty debate

PERRY – With the election less than three weeks away, Democratic candidate for governor Roy Barnes and Republican Nathan Deal returned to their bare-knuckle slugfest over ethics on Thursday during a feisty debate before hundreds of boisterous spectators ... (Source: Atlanta Journal Constitution 2010-10-15T10:37:43Z)

Yahoo shares rise on talkof buyout bid by group

NEW YORK - Investors are running up the price of Yahoo Inc. shares after a report saying AOL Inc. and a group of private equity firms may bid for the Web company. The stock climbed 68 cents, or 4.5 percent, to close at $15.93 after rising as high as $16.76 ... (Source: Tulsa World 2010-10-16T05:07:15Z)

Daly expresses optimism on sale of Coyotes

While no deal has yet been finalized, NHL Deputy Commissioner Bill Daly expressed optimism during a Friday afternoon appearance on NHL Live! that the sale of the Phoenix Coyote franchise to Chicago-based businessman Matthew Hulsizer could happen in the ... (Source: NHL.com 2010-10-16T03:05:34Z)

The Hobbit 's Real Journey Finally Begins...in 3-D!

What seems like eleventy years later, The Hobbit is finally a done deal. MGM, New Line and Warner Bros. have officially greenlighted the two-part Lord of the Rings prequel, featuring the adventures of Frodo's uncle, Bilbo Baggins, with Peter Jackson triple ... (Source: Entertainment Online 2010-10-16T00:42:24Z)

Investment vultures increase pressure on Yahoo CEO

With buyout vultures circling the Internet company, Yahoo Inc. CEO Carol Bartz may have to accelerate her timetable for engineering a turnaround if she wants to save her job. Bartz has said it could take a couple more years to revive Yahoo after a long ... (Source: AP - msnbc.com 2010-10-15T00:22:07Z)

NYC's Whitney Museum sells buildings near current location to fund new museum across town

NEW YORK — The Whitney Museum of American Art in New York City has sold eight buildings near its Madison Avenue locale, paving the way for construction of a new facility across town. The sale price was not disclosed. But the Whitney told The New York ... (Source: Washington Examiner 2010-10-15T15:24:03Z)

NYC's Whitney Museum sells buildings to fund move

(AP) NEW YORK - The Whitney Museum of American Art in New York City has sold eight buildings near its Madison Avenue locale, paving the way for construction of a new facility across town. The sale price was not disclosed. But the Whitney told The New York ... (Source: WHEC TV-10 2010-10-15T15:52:41Z)

Straight-talking engineer was behind rescue in Chile

SAN JOSE MINE, Chile -- Three days after 33 men were sealed deep within a gold mine, Andre Sougarret was summoned by Chile's president. The Chilean leader got right to the point: The square-jawed, straight-talking engineer would be in charge of digging ... (Source: Pittsburgh Post-Gazette 2010-10-16T04:17:09Z)

AOL, Private-Equity Firms Explore Deal for Yahoo

AOL Inc. and several private equity firms are exploring the possibility of buying Yahoo Inc., according to people familiar with the matter. Silver Lake Partners and Blackstone Group LP are among the firms that have expressed interest in either teaming up ... (Source: Wall Street Journal 2010-10-13T22:43:05Z)

Report: Nathan Deal asked home county to work on road near his business

Then-U.S. Rep. Nathan Deal tried in 2007 to get Hall County to maintain a private road that runs by his auto salvage yard, WAGA-TV has reported. Hall County officials confirmed Wednesday to the Savannah Morning News that a company the Republican governor ... (Source: Savannah Morning News 2010-10-14T04:26:41Z)

Federal deficit still above $1 trillion

The President Barack Obama's administration on Friday reported a deficit over $1 trillion for the second year in a row, leaving Democrats susceptible to criticism just before the midterm election on Nov. 2. The congressional budget office projected the ... (Source: San Jose Mercury News 2010-10-16T01:53:59Z)

Ex-Countrywide executives settle with SEC, avoid trial

LOS ANGELES -- Angelo Mozilo, who presided over the spectacular rise and devastating fall of Countrywide Financial, struck a deal Friday to avoid going to trial next week on accusations of investor fraud and insider trading. The 71-year-old Mozilo and two ... (Source: San Jose Mercury News 2010-10-16T03:48:31Z)

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