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    <title>The Deal Blogs Home</title>
    <link rel="alternate" type="text/html" href="http://www.thedeal.com/blogs/" />
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    <id>tag:www.thedeal.com,2007-08-28:/blogs//31</id>
    <updated>2009-04-24T16:48:14Z</updated>
    
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<entry>
    <title>Cemig bags Terna Participações for $1B</title>
    <link rel="alternate" type="text/html" href="http://www.thedeal.com/dealscape/2009/04/cemig_bags_terna_participacoes.php" />
    <id>tag:www.thedeal.com,2009:/dealscape//29.25957</id>

    <published>2009-04-24T21:47:59Z</published>
    <updated>2009-04-24T16:48:14Z</updated>

    <summary><![CDATA[ Brazilian power generator and distributor Cia. Energ&eacute;tica de Minas Gerais SA, better known as Cemig, said Friday it agreed to buy 65.86% of electricity distributor Terna Participa&ccedil;&otilde;es SA from Italy's Terna Rete Elettrica Nazionale SpA for 2.33 billion reais ($1.05 billion). Cemig said it may offer to buy shares later from minority investors for another R$1.2 billion. Terna Participa&ccedil;&otilde;es transmits electricity in 11 Brazilian states through several units in which it has interests, including Transmissora Sudeste Nordeste SA, Novatrans Energia SA, Empresa de Transmissão de Energia do Oeste SA, Empresa de Transmissão do Alto Uruguai SA, Brasnorte Transmissora de...]]></summary>
    <author>
        <name>neil</name>
        
    </author>

    
    <content type="html" xml:lang="en" xml:base="http://www.thedeal.com/dealscape/">
        <![CDATA[ Brazilian power generator and distributor Cia. Energ&eacute;tica de Minas Gerais SA, better known as Cemig, said Friday it agreed to buy 65.86% of electricity distributor Terna Participa&ccedil;&otilde;es SA from Italy's Terna Rete Elettrica Nazionale SpA for 2.33 billion reais ($1.05 billion). Cemig said it may offer to buy shares later from minority investors for another R$1.2 billion. Terna Participa&ccedil;&otilde;es transmits electricity in 11 Brazilian states through several units in which it has interests, including Transmissora Sudeste Nordeste SA, Novatrans Energia SA, Empresa de Transmissão de Energia do Oeste SA, Empresa de Transmissão do Alto Uruguai SA, Brasnorte Transmissora de...]]>
    </content>
</entry>

<entry>
    <title>Verizon Wireless seeks more time from FCC</title>
    <link rel="alternate" type="text/html" href="http://www.thedeal.com/dealscape/2009/04/verizon_wireless_seeks_more_ti.php" />
    <id>tag:www.thedeal.com,2009:/dealscape//29.25975</id>

    <published>2009-04-24T21:45:11Z</published>
    <updated>2009-04-24T22:25:18Z</updated>

    <summary>Verizon Wireless is asking the Federal Communications Commission for more time to close the divestiture of mobile phone operations in 105 markets.</summary>
    <author>
        <name>Gerald Magpily</name>
        
    </author>

    <category term="auction" label="Auction" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="verizonwireless" label="Verizon Wireless" scheme="http://www.sixapart.com/ns/types#tag" />
    
    <content type="html" xml:lang="en" xml:base="http://www.thedeal.com/dealscape/">
        Verizon Wireless is asking the Federal Communications Commission for more time to close the divestiture of mobile phone operations in 105 markets.
    </content>
</entry>

<entry>
    <title>Banks stress test criteria</title>
    <link rel="alternate" type="text/html" href="http://www.thedeal.com/dealscape/2009/04/banks_stressed_yet.php" />
    <id>tag:www.thedeal.com,2009:/dealscape//29.25974</id>

    <published>2009-04-24T21:16:02Z</published>
    <updated>2009-04-24T21:16:39Z</updated>

    <summary>Federal regulators released the criteria they used for stress tests without leaking the industry&apos;s weakest links.</summary>
    <author>
        <name>Maria Woehr</name>
        <uri>http://www.thedeal.com/dealscape</uri>
    </author>

    <category term="banks" label="banks" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="federalreserve" label="Federal Reserve" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="stresstests" label="stress tests" scheme="http://www.sixapart.com/ns/types#tag" />
    
    <content type="html" xml:lang="en" xml:base="http://www.thedeal.com/dealscape/">
        Federal regulators released the criteria they used for stress tests without leaking the industry&apos;s weakest links.
    </content>
</entry>

<entry>
    <title>Safran to buy GE unit </title>
    <link rel="alternate" type="text/html" href="http://www.thedeal.com/dealscape/2009/04/safran_to_buy_ge_unit.php" />
    <id>tag:www.thedeal.com,2009:/dealscape//29.25958</id>

    <published>2009-04-24T20:48:54Z</published>
    <updated>2009-04-24T16:49:08Z</updated>

    <summary> French arms and aircraft parts maker Safran SA has agreed to buy 81% of GE Homeland Protection for $580 million, marking its second purchase of a U.S. security business in the past year. General Electric Co., the seller of the Newark, Calif., business, will retain a 19% stake and a seat on the unit&apos;s board. GE Homeland Protection makes airport security equipment and had sales of about $260 million last year. This is a free preview of the content available in The Deal Pipeline. Subscribers enjoy access to the full story, as well as second-to-none research tools. To request...</summary>
    <author>
        <name>neil</name>
        
    </author>

    
    <content type="html" xml:lang="en" xml:base="http://www.thedeal.com/dealscape/">
         French arms and aircraft parts maker Safran SA has agreed to buy 81% of GE Homeland Protection for $580 million, marking its second purchase of a U.S. security business in the past year. General Electric Co., the seller of the Newark, Calif., business, will retain a 19% stake and a seat on the unit&apos;s board. GE Homeland Protection makes airport security equipment and had sales of about $260 million last year. This is a free preview of the content available in The Deal Pipeline. Subscribers enjoy access to the full story, as well as second-to-none research tools. To request...
    </content>
</entry>

<entry>
    <title>Data center deals are for smaller companies, too</title>
    <link rel="alternate" type="text/html" href="http://www.thedeal.com/corporatedealmaker/2009/04/timely_dealmaking.php" />
    <id>tag:www.thedeal.com,2009:/corporatedealmaker//30.25962</id>

    <published>2009-04-24T20:48:19Z</published>
    <updated>2009-04-24T21:18:21Z</updated>

    <summary>It isn&apos;t just the big guns -- namely Oracle Corp. (NASDAQ:ORCL), Cisco Systems Inc. (NASDAQ:CSCO) , IBM Corp. (NYSE:IBM) and Hewlett-Packard Co. (NYSE:HPQ) -- who are firing to get position in the data center market. We&apos;ve also come across a small but interesting service provider, which just acquired a company...</summary>
    <author>
        <name>Basdeo Hiralal</name>
        
    </author>

    <category term="horizondatacentersolutions" label="Horizon Data Center Solutions" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="lanceasmith" label="Lance A. Smith" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="mareechi" label="Mareechi" scheme="http://www.sixapart.com/ns/types#tag" />
    
    <content type="html" xml:lang="en" xml:base="http://www.thedeal.com/corporatedealmaker/">
        It isn&apos;t just the big guns -- namely Oracle Corp. (NASDAQ:ORCL), Cisco Systems Inc. (NASDAQ:CSCO) , IBM Corp. (NYSE:IBM) and Hewlett-Packard Co. (NYSE:HPQ) -- who are firing to get position in the data center market. We&apos;ve also come across a small but interesting service provider, which just acquired a company...
    </content>
</entry>

<entry>
    <title>Crisis Dashboard: LIBOR, VIX, TED Spread, Dow</title>
    <link rel="alternate" type="text/html" href="http://www.thedeal.com/dealscape/2009/04/crisis_dashboard_libor_vix_ted_spread_dow.php" />
    <id>tag:www.thedeal.com,2008:/dealscape//29.21074</id>

    <published>2009-04-24T20:32:00Z</published>
    <updated>2009-04-24T20:32:46Z</updated>

    <summary>Check out the latest readings of LIBOR, VIX, TED Spread and the Dow along with the latest news affecting the market. </summary>
    <author>
        <name>Maria Woehr</name>
        <uri>http://www.thedeal.com/dealscape</uri>
    </author>

    <category term="crisisdashboard" label="Crisis Dashboard" scheme="http://www.sixapart.com/ns/types#tag" />
    
    <content type="html" xml:lang="en" xml:base="http://www.thedeal.com/dealscape/">
        Check out the latest readings of LIBOR, VIX, TED Spread and the Dow along with the latest news affecting the market. 
    </content>
</entry>

<entry>
    <title>Texas board wants Exelon delayed </title>
    <link rel="alternate" type="text/html" href="http://www.thedeal.com/dealscape/2009/04/texas_board_wants_exelon_delay.php" />
    <id>tag:www.thedeal.com,2009:/dealscape//29.25955</id>

    <published>2009-04-24T19:46:13Z</published>
    <updated>2009-04-24T16:46:26Z</updated>

    <summary><![CDATA[ Exelon Corp.'s $5 billion hostile bid for NRG Energy Inc. hit a hurdle Thursday after regulators in Texas said the deal should be put on hold until there is more certainty that an acquisition will occur. According to a filing with the Texas Public Utility Commission, the commission staff agreed with an NRG motion that the proceeding Exelon initiated &quot;be abated because there is substantial uncertainty as to when the transaction will close or even if it will close at all.&quot; This is a free preview of the content available in The Deal Pipeline. Subscribers enjoy access to the...]]></summary>
    <author>
        <name>neil</name>
        
    </author>

    
    <content type="html" xml:lang="en" xml:base="http://www.thedeal.com/dealscape/">
        <![CDATA[ Exelon Corp.'s $5 billion hostile bid for NRG Energy Inc. hit a hurdle Thursday after regulators in Texas said the deal should be put on hold until there is more certainty that an acquisition will occur. According to a filing with the Texas Public Utility Commission, the commission staff agreed with an NRG motion that the proceeding Exelon initiated &quot;be abated because there is substantial uncertainty as to when the transaction will close or even if it will close at all.&quot; This is a free preview of the content available in The Deal Pipeline. Subscribers enjoy access to the...]]>
    </content>
</entry>

<entry>
    <title>Varney sworn in at DOJ</title>
    <link rel="alternate" type="text/html" href="http://www.thedeal.com/dealscape/2009/04/varney_sworn_in_at_doj.php" />
    <id>tag:www.thedeal.com,2009:/dealscape//29.25970</id>

    <published>2009-04-24T19:37:25Z</published>
    <updated>2009-04-24T19:37:51Z</updated>

    <summary>Christine Varney was sworn in at the Department of Justice as the assistant attorney general for antitrust. </summary>
    <author>
        <name>Matthew Wurtzel</name>
        <uri>http://dealscape.thedealblogs.com/</uri>
    </author>

    <category term="antitrust" label="antitrust" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="assistantattorneygeneralforantitrust" label="assistant attorney general for antitrust" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="christinevarney" label="Christine Varney" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="departmentofjustice" label="Department of Justice" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="doj" label="DOJ" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="ericholder" label="Eric Holder" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="ftc" label="FTC" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="justicedepartment" label="Justice Department" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="obamaadministration" label="Obama administration" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="politics" label="politics" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="varney" label="Varney" scheme="http://www.sixapart.com/ns/types#tag" />
    
    <content type="html" xml:lang="en" xml:base="http://www.thedeal.com/dealscape/">
        Christine Varney was sworn in at the Department of Justice as the assistant attorney general for antitrust. 
    </content>
</entry>

<entry>
    <title>Moody&apos;s sends bad news to NYT, McClatchy</title>
    <link rel="alternate" type="text/html" href="http://www.thedeal.com/dealscape/2009/04/moodys_sends_bad_news_to_nyt_m.php" />
    <id>tag:www.thedeal.com,2009:/dealscape//29.25969</id>

    <published>2009-04-24T19:35:52Z</published>
    <updated>2009-04-24T19:35:23Z</updated>

    <summary>Ratings agency Moody&apos;s Investors Service forecast a darkened outlook for two newspaper bellwethers, the New York Times Co. and McClatchy. </summary>
    <author>
        <name>Matthew Wurtzel</name>
        <uri>http://dealscape.thedealblogs.com/</uri>
    </author>

    <category term="creditratings" label="credit ratings" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="mcclatchy" label="McClatchy" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="moodysinvestorservices" label="Moody&apos;s Investor Services" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="ratingagency" label="rating agency" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="thenewyorktimesco" label="The New York Times Co." scheme="http://www.sixapart.com/ns/types#tag" />
    
    <content type="html" xml:lang="en" xml:base="http://www.thedeal.com/dealscape/">
        Ratings agency Moody&apos;s Investors Service forecast a darkened outlook for two newspaper bellwethers, the New York Times Co. and McClatchy. 
    </content>
</entry>

<entry>
    <title>SEC gives activists a boost</title>
    <link rel="alternate" type="text/html" href="http://www.thedeal.com/dealscape/2009/04/sec_gives_activists_a_boost.php" />
    <id>tag:www.thedeal.com,2009:/dealscape//29.25965</id>

    <published>2009-04-24T19:26:29Z</published>
    <updated>2009-04-24T19:26:38Z</updated>

    <summary>The Securities and Exchange Commission has given activist investors a gift by stopping brokers from voting on behalf of their clients.</summary>
    <author>
        <name>Matthew Wurtzel</name>
        <uri>http://dealscape.thedealblogs.com/</uri>
    </author>

    <category term="activistcampaigns" label="activist campaigns" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="activistinvestors" label="activist investors" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="brokerages" label="brokerages" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="hedgefunds" label="hedge funds" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="sec" label="SEC" scheme="http://www.sixapart.com/ns/types#tag" />
    
    <content type="html" xml:lang="en" xml:base="http://www.thedeal.com/dealscape/">
        The Securities and Exchange Commission has given activist investors a gift by stopping brokers from voting on behalf of their clients.
    </content>
</entry>

<entry>
    <title>MySpace recruits former Facebook exec Van Natta</title>
    <link rel="alternate" type="text/html" href="http://www.thedeal.com/corporatedealmaker/2009/04/facebooks_van_natta_takes_the.php" />
    <id>tag:www.thedeal.com,2009:/corporatedealmaker//30.25968</id>

    <published>2009-04-24T19:21:59Z</published>
    <updated>2009-04-24T19:31:59Z</updated>

    <summary>Owen Van Natta (pictured) will be taking over as chief executive of News Corp.&apos;s (NYSE:NWS) MySpace. Van Natta, who is the former chief revenue officer and vice president of operations for Facebook Inc., takes over for departing MySpace co-founder Chris DeWolfe. As we reported Thursday, News Corp. chief digital officer...</summary>
    <author>
        <name>Suzanne Stevens</name>
        
    </author>

    <category term="jonathanmiller" label="Jonathan Miller" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="myspace" label="MySpace" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="newscorp" label="News Corp." scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="owenvannatta" label="Owen Van Natta" scheme="http://www.sixapart.com/ns/types#tag" />
    
    <content type="html" xml:lang="en" xml:base="http://www.thedeal.com/corporatedealmaker/">
        Owen Van Natta (pictured) will be taking over as chief executive of News Corp.&apos;s (NYSE:NWS) MySpace. Van Natta, who is the former chief revenue officer and vice president of operations for Facebook Inc., takes over for departing MySpace co-founder Chris DeWolfe. As we reported Thursday, News Corp. chief digital officer...
    </content>
</entry>

<entry>
    <title>Amgen has &apos;ugliest quarter,&apos; looks to bounce back</title>
    <link rel="alternate" type="text/html" href="http://www.thedeal.com/corporatedealmaker/2009/04/amgen_has_ugliest_quarter_look.php" />
    <id>tag:www.thedeal.com,2009:/corporatedealmaker//30.25967</id>

    <published>2009-04-24T19:16:55Z</published>
    <updated>2009-04-24T19:29:55Z</updated>

    <summary> Amgen Inc. (NASDAQ:AMGN) of Thousand Oaks, Calif., reported grim first-quarter numbers late Thursday, with all major products showing revenue losses and profits slipping 7% to $1 billion. The woeful quarter raised the stakes for Amgen&apos;s osteoporosis drug denosumab, which U.S. regulators are reviewing for approval.Called D-mab for short, the...</summary>
    <author>
        <name>Basdeo Hiralal</name>
        
    </author>

    <category term="amgeninc" label="Amgen Inc." scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="dmab" label="D-mab" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="daiichisankyo" label="Daiichi Sankyo" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="earnings" label="earnings" scheme="http://www.sixapart.com/ns/types#tag" />
    
    <content type="html" xml:lang="en" xml:base="http://www.thedeal.com/corporatedealmaker/">
         Amgen Inc. (NASDAQ:AMGN) of Thousand Oaks, Calif., reported grim first-quarter numbers late Thursday, with all major products showing revenue losses and profits slipping 7% to $1 billion. The woeful quarter raised the stakes for Amgen&apos;s osteoporosis drug denosumab, which U.S. regulators are reviewing for approval.Called D-mab for short, the...
    </content>
</entry>

<entry>
    <title>Museum&apos;s trustee: Be good sports, athletes</title>
    <link rel="alternate" type="text/html" href="http://www.thedeal.com/dealscape/2009/04/museums_trustee_wants_athletes.php" />
    <id>tag:www.thedeal.com,2009:/dealscape//29.25966</id>

    <published>2009-04-24T19:08:29Z</published>
    <updated>2009-04-24T19:26:45Z</updated>

    <summary>Bankrupt Sports Museum of America will ultimately return memorabilia to Tony Hawk, Michael Phelps and other athletes, but for a price. </summary>
    <author>
        <name>Matthew Wurtzel</name>
        <uri>http://dealscape.thedealblogs.com/</uri>
    </author>

    <category term="miahamm" label="Mia Hamm" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="michaelphelps" label="Michael Phelps" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="nascar" label="NASCAR" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="petty" label="Petty" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="richardpetty" label="Richard Petty" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="sportsmuseumofamerica" label="Sports Museum of America" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="tonyhawk" label="Tony Hawk" scheme="http://www.sixapart.com/ns/types#tag" />
    
    <content type="html" xml:lang="en" xml:base="http://www.thedeal.com/dealscape/">
        Bankrupt Sports Museum of America will ultimately return memorabilia to Tony Hawk, Michael Phelps and other athletes, but for a price. 
    </content>
</entry>

<entry>
    <title>Fred Wilson: GeoCities was my first &apos;megadeal&apos;</title>
    <link rel="alternate" type="text/html" href="http://www.thedeal.com/dealscape/2009/04/fred_wilson_geocities_was_my_f.php" />
    <id>tag:www.thedeal.com,2009:/dealscape//29.25956</id>

    <published>2009-04-24T18:15:35Z</published>
    <updated>2009-04-24T18:15:16Z</updated>

    <summary>Yahoo! Inc.&apos;s (NASDAQ:YHOO) decision to shut down its Web page hosting site is sad news on many levels, says early investor Fred Wilson.</summary>
    <author>
        <name>Olaf de Senerpont Domis</name>
        <uri>http://techconfidential.com/money-out/blog/</uri>
    </author>

    <category term="flatiron" label="Flatiron" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="geocities" label="GeoCities" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="unionsquare" label="Union Square" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="wilson" label="Wilson" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="yahoo" label="Yahoo!" scheme="http://www.sixapart.com/ns/types#tag" />
    
    <content type="html" xml:lang="en" xml:base="http://www.thedeal.com/dealscape/">
        Yahoo! Inc.&apos;s (NASDAQ:YHOO) decision to shut down its Web page hosting site is sad news on many levels, says early investor Fred Wilson.
    </content>
</entry>

<entry>
    <title>Chapter 11 looms larger in Chrysler&apos;s future </title>
    <link rel="alternate" type="text/html" href="http://www.thedeal.com/dealscape/2009/04/chapter_11_looms_larger_in_chr.php" />
    <id>tag:www.thedeal.com,2009:/dealscape//29.25954</id>

    <published>2009-04-24T18:05:28Z</published>
    <updated>2009-04-24T16:45:42Z</updated>

    <summary> Chrysler LLC is reportedly readying a Chapter 11 filing that could happen as soon as next week regardless of whether it reaches concession deals with lenders and other stakeholders. The automaker faces an April 30 deadline to secure cuts and finalize an alliance with Fiat SpA, or face a cutoff from government funding. Chrysler has made progress with both the United Auto Workers and Fiat, but has so far struggled to find common ground with the Canadian Auto Workers and banks that hold more than $6.8 billion in secured debt. This is a free preview of the content available...</summary>
    <author>
        <name>neil</name>
        
    </author>

    
    <content type="html" xml:lang="en" xml:base="http://www.thedeal.com/dealscape/">
         Chrysler LLC is reportedly readying a Chapter 11 filing that could happen as soon as next week regardless of whether it reaches concession deals with lenders and other stakeholders. The automaker faces an April 30 deadline to secure cuts and finalize an alliance with Fiat SpA, or face a cutoff from government funding. Chrysler has made progress with both the United Auto Workers and Fiat, but has so far struggled to find common ground with the Canadian Auto Workers and banks that hold more than $6.8 billion in secured debt. This is a free preview of the content available...
    </content>
</entry>


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