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PhillyDeals Archive: June, 2008
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Health & Pharma
Verizon buys Alltel wireless for $28B
Thu, Jun 5, 2008, 12:18 PM
That makes Verizon the No. 1 U.S. wireless company, with 80 million customers, outgunning AT&T, and also flanking Comcast and other telecom...
GMAC hopes its Montco bank can refloat troubled ResCap
Thu, Jun 5, 2008, 10:47 AM
UPDATE: GMAC Financial Services is counting on increased lending from its GMAC Bank division in central Montgomery County, to lift it out of...
Lubert's LLR buys Singer rubber industries
Thu, Jun 5, 2008, 10:10 AM
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...
Attack of the killer tomato planters: Recall at QVC
Wed, Jun 4, 2008, 12:21 PM
DANGER: Falling tomato plants have injured 155 Americans as imported home planters collapsed in accidents so far this growing season, the federal...
Boeing, Lockheed bid for $40B post-Humvee deal
Wed, Jun 4, 2008, 9:15 AM
Aircraft maker Boeing and electronic warfare systems maker Lockheed Martin, aren't known for their land vehicles. But both companies, which...
PA state pension fund lost money in 1Q
Wed, Jun 4, 2008, 3:27 PM
The $34 billion Pennsylvania State Employees' Retirement System lost 4.1 percent, or over $1 billion, as investment markets tumbled in the...
Casinos not recession-proof
Tue, Jun 3, 2008, 1:13 PM
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...
Internet Capital nets $60M on Creditex sale
Tue, Jun 3, 2008, 11:34 AM
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...
Joseph N. DiStefano writes about Philadelphia-area enterprise, and the people and money that make it go.
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