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 5, 2010, 1:43 pm

B/E Aerospace To Acquire TSI Group For Purchase Price Of About $310 Mln Cash - Quick Facts

(RTTNews) - Aircraft cabin interior products maker B/E Aerospace (BEAV: News ) announced that it has agreed to buy TSI Group Inc. for purchase price of about $310 million in cash. The transaction is expected to close in the fourth quarter of 2010. B/E ... (Source: RTT News 2010-10-05T05:20:18Z)

Devon James, Tiger Woods: Sex Tape Up For Sale?

Tiger mistress says she's launching the biggest shock yet. Former Tiger Woods' mistress Devon James is about to bring it -- at least that's what she says, in a new report that has her preparing to unleash a sex tape she claims she made with Woods. James ... (Source: Limelife 2010-09-30T15:06:03Z)

Mike Ilitch in talks to buy Pistons, but deal not done

It appears Mike Ilitch might add the Detroit Pistons to his southeastern Michigan sports empire. Ilitch, who already owns the Detroit Red Wings and Detroit Tigers, has opened negotiations to purchase the Pistons and Palace Sports & Entertainment from Karen ... (Source: Detroit Free Press 2010-10-05T19:53:37Z)

Air Products to judge: Airgas offer not the final one

GEORGETOWN, Del. – Air Products & Chemicals Inc. took its nearly yearlong fight to buy Airgas Inc. for $5.5 billion to court here Monday, with the Allentown company's top executives arguing that the Airgas board's refusal to negotiate is unfair to ... (Source: Philadelphia Daily News 2010-10-05T07:00:31Z)

Challenge of Air Products' takeover of Airgas focuses on bylaw changes

Airgas Inc. , trying to fend off a $5.5 billion hostile bid from Air Products & Chemicals Inc., may face an uphill fight at trial next week when it challenges a new bylaw that moves up the date of its annual meeting. Managers of Airgas are asking Delaware ... (Source: Allentown Morning Call 2010-10-01T13:53:17Z)

Kentucky-Notre Dame tickets on sale for DirecTV SEC/Big East Invitational

Tickets for the DirecTV SEC/Big East Invitational, including the Kentucky-Notre Dame game at Freedom Hall in Louisville, will go on sale today beginning at 10 a.m. The two-night event is Dec. 8 in Louisville and Dec. 11 in Pittsburgh. A doubleheader at ... (Source: Courier-Journal 2010-10-05T03:18:37Z)

Sanofi's Hostile Bid: Despite Problems, Genzyme Has Value

Sanofi-Aventis (NYSE: SNY ) said Monday that it has launched an $18.5 billion hostile offer for biotech company Genzyme (Nasdaq: GENZ ), after it became fed-up with the Genzyme board's "unwillingness to engage" in discussions. The $69 per share offer is ... (Source: Seekingalpha.com 2010-10-05T09:59:28Z)

N.Y. auto insurer buys local Cost-U-Less

Confie Seguros Inc., a New York-based auto insurance provider that targets Latino customers, said Monday that it has acquired Cost-U-Less Insurance Center Inc. in Rancho Cordova. Cost-U-Less Insurance has been providing low-cost auto insurance options from ... (Source: Sacramento Bee 2010-10-05T07:07:40Z)

Ex-IU player handed 2 years

FORT WAYNE – Former Indiana University basketball player and radio commentator Todd Leary received a two-year sentence Monday morning for taking money placed in a mortgage escrow account. The sentence, which is half of a four-year total sentence that ... (Source: Fort Wayne Journal Gazette 2010-10-05T07:36:18Z)

Source: Pistons to sell team to Mike Ilitch

D ETROIT — The Detroit Pistons have found a new owner and he knows Motor City sports. The Pistons have decided to sell the team to Detroit Tigers and Detroit Red Wings owner Mike Ilitch, a person involved with the process said Tuesday. The person, who ... (Source: Boston Herald 2010-10-05T19:46:27Z)

Auto Insurance Provider Confie Seguros Acquires Cost-U-Less

Confie Seguros, a provider of auto insurance with an emphasis on serving Hispanic consumers, has acquired Cost-U-Less Insurance, a California provider of non-standard auto insurance with offices located primarily in the northern and central parts of the ... (Source: Insurance Journal 2010-10-05T06:24:44Z)

Sanofi Takeover Offer for Genzyme: The Pressure Is On

With Genzyme ( GENZ ) digging its heels in and Sanofi-Aventis ( SNY ) refusing to raise its bid, taking the $69 a share offer straight to the US biotech's shareholders was the logical next step for the French predator. Considering Genzyme 's stock has ... (Source: Seekingalpha.com 2010-10-05T08:47:53Z)

NMSU basketball has 17 home games on tap

LAS CRUCES -- The New Mexico State men's basketball team will have two more home games than a year ago, two conference games on ESPN2 and has re-established a home-and-home series with Arizona. NMSU has released its 2010-11 schedule. Coming off a 22-12 ... (Source: FOXSports.com 2010-09-21T11:20:30Z)

Ex-Indiana player Leary avoids prison in fraud

Former Indiana University basketball player Todd Leary has avoided prison time for his role in an ex-business partner's multimillion-dollar mortgage fraud scheme. An Allen County judge on Monday sentenced Leary to two years of work release or home ... (Source: WNDU 2010-10-05T10:06:38Z)

Arlington Capital Partners Announces Sale of TSI Group, Inc to B/E Aerospace

WASHINGTON - (Business Wire) Arlington Capital Partners (www.arlingtoncap.com), a Washington, DC based private equity firm, today announced the signing of a definitive agreement to sell one of its portfolio companies, TSI Group, Inc. to BE Aerospace ... (Source: Earthtimes 2010-10-05T03:54:24Z)

NMSU police offer class on pepper spray

LAS CRUCES - The New Mexico State University Police Department is offering its pepper spray course 3 to 5 p.m. Oct. 6, and its popular women's self defense course 1:30 to 5 p.m. Oct. 15. NMSU's pepper spray course will provide instruction on the proper use ... (Source: Las Cruces Sun-News 2010-09-30T06:59:17Z)

Devon James' Mother Warns Tiger Woods of Sex Tape

Tiger Woods sex tape looking more probable! We reported last week that one of the least believable mistresses in Tiger Woods' stable of mistresses was shopping around a sex tape. Here's the latest on that story... At first Devon James' sex tape claims were ... (Source: Limelife 2010-10-04T15:22:47Z)

'Abraham Lincoln' logs film rights sale

Twentieth Century Fox is going vampire hunting with Abraham Lincoln -- in 3D. Over the weekend, the studio won a bloody bidding war for the bigscreen adaptation of Seth Grahame-Smith's fantasy-actioner "Abraham Lincoln: Vampire Hunter," which Timur ... (Source: Variety 2010-10-05T07:50:37Z)

Fox wins 'Abe Lincoln: Vampire Hunter'

Seth Grahame-Smith's fantasy novel Abraham Lincoln: Vampire Hunter is to be adapted for film. Coming Soon reports that Twentieth Century Fox have now acquired the rights to adapt the best-selling book, which will be produced by Tim Burton. Night Watch ... (Source: Digital Spy 2010-10-03T20:53:15Z)

Report: Tiger Woods 'sex tape' for sale

An adult film star claims to have a videotape of her and Tiger Woods having sex - and it's for sale, according to the website radaronline.com. Devon James is meeting with members from Vivid Entertainment, the world's largest adult film company, in Los ... (Source: msnbc.com 2010-09-29T20:15:03Z)

B/E Aerospace To Buy TSI Group For $310 Mln In Cash - Update

(RTTNews) - Aircraft cabin interior products maker B/E Aerospace Inc. (BEAV: News ) said Monday that it has agreed to acquire TSI Group, Inc. from private equity firm Arlington Capital Partners for about $310 million in cash as part of the company's ... (Source: RTT News 2010-10-05T12:22:38Z)

New York company buys Sacramento discount insurance firm

New York-based Confie Seguros Inc., an auto insurance provider that targets Latino customers, said Monday that it has acquired Cost-U-Less Insurance of Sacramento. Cost-U-Less Insurance's niche has been providing low-cost auto insurance options from ... (Source: Sacramento Bee 2010-10-04T18:50:22Z)

Davidson, Ilitch negotiating sale of Detroit Pistons

Mike Ilitch is making a pitch to become the only owner to hold three major professional sports franchises in North America. Sources familiar with the situation have told The Detroit News the Pistons are negotiating exclusively with Ilitch Holdings within a ... (Source: Detroit News 2010-10-05T20:15:05Z)

Fox Gets 'Lincoln: Vampire Hunter'

Twentieth Century Fox has acquired rights to Lincoln: Vampire Hunter , the graphic novel-based 3D film written by Seth Grahame-Smith, directed by Timor Bekmambetov, and produced by Bekmambetov and Tim Burton (see " Abraham Lincoln: Vampire Hunter ... (Source: ICV2 2010-10-04T07:01:42Z)

Sara Lee shares up on report of KKR offer

NEW YORK (Reuters) - Sara Lee Corp <SLE.N> shares jumped on Monday after The New York Post reported that the foodmaker received an unsolicited offer from private equity firm KKR Co <KKR.N> and aroused the interest of Anglo-Dutch conglomerate Unilever <ULVR ... (Source: msnbc.com 2010-10-04T13:56:53Z)

Sanofi-Aventis in $18.5 billion hostile takeover offer for Genzyme

France's Sanofi-Aventis on Monday launched an $18.5 billion hostile takeover offer for Genzyme Corp., stepping up its effort to capture the U.S. biotech company's promising drugs for high cholesterol and lucrative treatments for rare genetic disorders. At ... (Source: New York Daily News 2010-10-05T11:18:13Z)

Sara Lee Gains on Report Company Rebuffed KKR Offer

(Updates trading in fourth paragraph.) Oct. 4 (Bloomberg) -- Sara Lee Corp. rose as much as 19 percent in early trading after the New York Post said the maker of Jimmy Dean breakfast foods rejected a $12 billion unsolicited takeover offer from KKR & Co ... (Source: BusinessWeek 2010-10-04T12:52:27Z)

KKR Makes Overture to Sara Lee

Sara Lee Corp. has drawn interest from interest from buyout firm KKR & Co., news that sharply pushed up its shares Monday. KKR approached Sara Lee with an acquisition offer after Chief Executive Brenda Barnes stepped down earlier this year, but the company ... (Source: Wall Street Journal 2010-10-04T14:32:40Z)

Broncos viewed as celebrities at New Mexico State

BOISE -- Boise State is headed into what some would consider the easy part of their schedule. They've beaten Virginia Tech, Wyoming and Oregon State. Now the third-ranked Broncos are headed to Las Cruces, New Mexico, to play New Mexico State. The Broncos ... (Source: msnbc.com 2010-10-02T01:20:29Z)

Airgas Trial on Air Products Bid to Focus on Meeting

(Corrects size of Airgas board in third paragraph.) Oct. 1 (Bloomberg) -- Airgas Inc., trying to fend off a $5.5 billion hostile bid from Air Products & Chemicals Inc., may face an uphill fight at trial next week when it challenges a new bylaw that moves ... (Source: BusinessWeek 2010-10-01T16:16:27Z)

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