PhillyDeals Archive: June, 2008

Verizon buys Alltel wireless for $28B

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That makes Verizon the No. 1 U.S. wireless company, with 80 million customers, outgunning AT&T, and also flanking Comcast and other telecom... Read more

GMAC hopes its Montco bank can refloat troubled ResCap

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UPDATE: GMAC Financial Services is counting on increased lending from its GMAC Bank division in central Montgomery County, to lift it out of... Read more

Lubert's LLR buys Singer rubber industries

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LLR Partners Inc., the $1.4 billion Philadelphia private equity firm run by Seth Lehr, Howard Ross and their partners as a key province in... Read more

Attack of the killer tomato planters: Recall at QVC

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DANGER: Falling tomato plants have injured 155 Americans as imported home planters collapsed in accidents so far this growing season, the federal... Read more

Boeing, Lockheed bid for $40B post-Humvee deal

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Aircraft maker Boeing and electronic warfare systems maker Lockheed Martin, aren't known for their land vehicles. But both companies, which... Read more

PA state pension fund lost money in 1Q

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The $34 billion Pennsylvania State Employees' Retirement System lost 4.1 percent, or over $1 billion, as investment markets tumbled in the... Read more

Casinos not recession-proof

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Debt is up and gambling is down, higher gas and home loan costs keep casino patrons home, and highly-leveraged chains like Harrah's face possible... Read more

Internet Capital nets $60M on Creditex sale

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Internet Capital Group, Wayne, said Tuesday that it will collect around $85 million from the sale of its stake in Creditex, a New York company... Read more