Jewel parent says sale talks proceeding













 


Exterior of Jewel-Osco's first "Green Store" located at 370 N. Desplaines in Chicago.
(Antonio Perez / November 29, 2012)





















































Supervalu, the Minneapolis-based parent of Jewel-Osco said sale talks are proceeding after stock closed down more than 18 percent Thursday, to $2.28.

The beleaguered grocery chain was likely moving to combat reports that sale talks with suitor Cerberus Capital Management had stalled over funding.

"The company continues to be in active discussion with several parties," according to the statement. "There can be no assurance that this process will result in any transaction or any change in the Company's overall structure or its business model."

Supervalu, the third-largest U.S. grocery chain, has acknowledged sale talks since the spring. The company has been closing stores and cutting jobs as it has underperformed competitors like Dominick's parent Safeway and Kroger.

If Supervalu does not sell to Cerberus, it may have to restructure on its own or sell off individual assets, which could have big tax consequences, Bloomberg said.

Reuters reported last month that buyout firm Cerberus was preparing a takeover bid for Supervalu, the third-largest U.S. supermarket chain.

Cerberus officials could not be reached immediately for comment.

-- Reuters contributed to this report

In addition to Jewel, Supervalu owns Albertsons, Cub and other regional grocery chains.

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Powerball jackpot winner: 'We'll have a good Christmas'

A 52-year-old Missouri mechanic and his wife claimed their share Friday of the record $588 million Powerball jackpot. ( Source: Associated Press)









Dearborn, Mo.—





A Missouri couple who won half of a record $587.5 million Powerball jackpot said on Friday they plan to stay put in their rural community, but know their lives will be changed.


“I think we'll have a good Christmas,” Cindy Hill said at a news conference where she and her husband, Mark Hill, were presented as winners of the jackpot by the Missouri Lottery.








Cindy Hill, 51, is a former office manager who got laid off in 2010. Mark Hill, 52, was a mechanic for Hillshire Brands, a food company, but has now quit his job.


They have three grown sons and a 6-year-old daughter adopted from China who were among about 25 relatives at the news conference, held in the gymnasium of the high school where they were sweethearts in the 1970s.


Cindy Hill first learned of the winning ticket on Thursday when she checked her numbers at the Trex Mart in Dearborn, a community of about 500 people 30 miles (50 km) north of Kansas City. She then called Mark Hill from her car. They had bought five tickets.


“I think I'm going to have a heart attack,” she told him. He told her to meet him at his mother's house so he could check the numbers for himself. “He said this is the ‘Show Me State,' show me.”


When they verified the numbers, they traveled to lottery offices in Jefferson City, Missouri, spent the night in a hotel and tried to comprehend what happened, Cindy Hill said.


“I thought ‘This isn't what I thought it would be like, now I'm really nervous,” she said. “I'm grateful, but there will be some not-so-good stuff to go along with it.” Earlier, she said “You are going to get people coming out of the woodwork and some of them many not be too sane.”


She said she and her husband plan to make the most of the winnings by giving to charity, to relatives for college education and other needs, and to the community.


“We are pretty well-grounded and worked hard all our lives,” Cindy Hill said.


Mark Hill deferred to his wife for most of the news conference, which was observed by about 300 students from grades 7 to 12 in the bleachers.


“It's all just kind of a fuzz,” Mark Hill said.


He said he has not grasped winning the money. On Thursday, for example, he went to buy toothpaste and other items to take to the hotel and found himself checking the price.


A CAMARO AND A HORSE


Cindy Hill said her husband wants a red Chevrolet Camaro car and she wants a horse. Daughter Jaiden wants a pony, Cindy Hill said. They also plan to travel, including a holiday with a lot of relatives in tow, she said.


The Hills won $293,750,000 before taxes. But they will take it in a lump sum of about $193 million rather than the larger amount over 30 years.


The Hills shared the Powerball payout with someone who bought a ticket at a food store in Fountain Hills, Arizona, on the outskirts of Phoenix. The Arizona winner has not yet come forward.


Some states allow lottery winners to remain anonymous but Missouri requires that the winner be publicly identified to claim the prize.


Dearborn reveled in its sudden arrival in the spotlight.


“It was a total surprise,” Don Palmer, a customer at the Trex Mart convenience store, said on Thursday. “Nothing ever happens in Dearborn.”


The winning numbers were 5, 16, 22, 23, 29, and the Powerball number 6.


The odds of winning the jackpot with a $2 ticket is one in more than 175 million.





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Zynga shares slide after privileged status with Facebook ends

(Reuters) - Shares of gaming company Zynga Inc fell as much as 10 percent, a day after the "Farmville" creator reached an agreement with Facebook Inc that reduces its dependence on the social networking giant.


The companies reported in regulatory filings on Thursday that they have reached an agreement to amend a 2010 deal that was widely seen as giving Zynga privileged status on the world's No.1 social network.


Zynga gets a freer hand to operate a standalone gaming website, but gives up its ability to promote its site on Facebook and to draw from the thriving social network of about 1 billion users.


"Although Zynga investors have reacted negatively to Thursday's announcements so far, we view them as a long-term positive for both companies," Wedbush Securities analyst Michael Pachter said in a note to clients.


"Zynga now has an advantage to offer more payment options which could result in additional subscribers who are not Facebook users," he said, maintaining his "outperform" rating and price target of $4 on the stock.


Both internet companies have been trying to reduce their interdependence, with Zynga starting up its own Zynga.com platform, and Facebook wooing other games developers.


In recent quarters, fees from Zynga contributed 15 percent of Facebook's revenue, while Zynga relies on Facebook for roughly 80 percent of its revenue.


Francisco-based Zynga's shares were down 7 percent at $2.44 in morning trading on the New York Stock Exchange on Friday.


Facebook shares were down more than 1 percent at $26.98.


(Reporting By Aurindom Mukherjee in Bangalore; Editing by Don Sebastian)


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Saints' Vilma, Smith attend Williams hearing

WASHINGTON (AP) — Saints defensive end Will Smith says he's glad he got a chance to hear former defensive coordinator Gregg Williams testify at an appeals hearing in the bounties case.

Smith and New Orleans linebacker Jonathan Vilma attended Friday's session, where Williams was cross-examined by the players' lawyers for about four hours.

Smith described the hearing as "peaceful" and "not awkward."

Smith and Vilma — along with two former Saints, free-agent defensive lineman Anthony Hargrove and Cleveland Browns linebacker Scott Fujita — were suspended by the NFL for the Saints' cash-for-hits program that the league says Williams ran from 2009 to 2011.

Smith, suspended four games, and Vilma, suspended for the entire current season, have been playing while their appeals are pending. Smith later had his suspension reduced to three games.

Smith and Vilma declined to discuss any details of Friday's hearing. Former NFL Commissioner Paul Tagliabue has insisted on keeping the contents of the appeals process private. The hearings this week have been behind closed doors.

"Paul wants to keep it under wraps, keep everything low-key ... so not really much I can say right now," Vilma said

Neither player was required to attend Friday, but as he left, Vilma said: "Of course it felt good being able to go in there."

Vilma said it was the first time he had seen Williams since the end of last season in January.

"We got to hear what Gregg had to say," Smith said. "We wanted to make sure we were there just to hear him out."

Right from the start, the NFL said Williams was in charge of a pay-for-pain bounty system with the New Orleans Saints.

The former defensive coordinator — who told the league about others' involvement — was being cross-examined Friday by lawyers for players appealing their suspensions in the case.

"We know what we did and know what we didn't do," Smith said.

The hearing is part of the latest round of player appeals overseen by Tagliabue. Former Saints assistant coach Mike Cerullo faced questions Thursday, when lawyers for the league and for players spent more than nine hours in a Washington office building.

Tagliabue and various lawyers declined to comment Thursday or Friday.

Vilma and Smith traveled to Washington after playing in New Orleans' 23-13 loss at Atlanta on Thursday night.

The NFL has described Vilma and Smith as ringleaders of a performance pool designed to knock targeted opponents out of games. The league has sworn statements from Williams and Cerullo saying Vilma offered $10,000 to anyone who knocked quarterback Brett Favre out of the NFC championship game at the end of the 2009 season.

NFL Commissioner Roger Goodell issued the initial suspensions, which also included a full-season ban for Saints head coach Sean Payton.

Lawsuits brought by Vilma and the NFL Players Association to challenge Goodell's handling of the case, including his decision in October to appoint Tagliabue as the arbitrator for the appeals, are pending in federal court in New Orleans.

On Thursday, U.S. District Judge Ginger Berrigan gave the parties until Monday to answer questions about whether the NFL's collective bargaining agreement prevents a commissioner from handing out discipline for legal contact, and whether the CBA's passages about detrimental conduct are "ambiguous, hence unenforceable."

In March, the NFL announced that its investigation showed the Saints put together a bounty pool of up to $50,000 to reward game-ending injuries inflicted on opponents. "Knockouts" were worth $1,500 and "cart-offs" $1,000 — with payments doubled or tripled for the playoffs, the league said.

According to the league, the pay-for-pain program was administered by Williams, with Payton's knowledge. At the time, Williams apologized for his role, saying: "It was a terrible mistake, and we knew it was wrong while we were doing it."

Later that month, Payton became the first head coach suspended by the league for any reason — banned for all of this season without pay — and Williams was suspended indefinitely.

Williams was known for his aggressive, physical defenses as a coordinator for Tennessee, Washington, Jacksonville and New Orleans, and during his time as head coach of Buffalo. In January, he was hired by St. Louis to lead their defense.

___

Connect with Howard Fendrich on Twitter at http://twitter.com/HowardFendrich

___

Online: http://pro32.ap.org/poll and http://twitter.com/AP_NFL

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Kenya village pairs AIDS orphans with grandparents

NYUMBANI, Kenya (AP) — There are no middle-aged people in Nyumbani. They all died years ago, before this village of hope in Kenya began. Only the young and old live here.


Nyumbani was born of the AIDS crisis. The 938 children here all saw their parents die. The 97 grandparents — eight grandfathers among them — saw their middle-aged children die. But put together, the bookend generations take care of one another.


Saturday is World AIDS Day, but the executive director of the aid group Nyumbani, which oversees the village of the same name, hates the name which is given to the day because for her the word AIDS is so freighted with doom and death. These days, it doesn't necessarily mean a death sentence. Millions live with the virus with the help of anti-retroviral drugs, or ARVs. And the village she runs is an example of that.


"AIDS is not a word that we should be using. At the beginning when we came up against HIV, it was a terminal disease and people were presenting at the last phase, which we call AIDS," said Sister Mary Owens. "There is no known limit to the lifespan now so that word AIDS should not be used. So I hate World AIDS Day, follow? Because we have moved beyond talking about AIDS, the terminal stage. None of our children are in the terminal stage."


In the village, each grandparent is charged with caring for about a dozen "grandchildren," one or two of whom will be biological family. That responsibility has been a life-changer for Janet Kitheka, who lost one daughter to AIDS in 2003. Another daughter died from cancer in 2004. A son died in a tree-cutting accident in 2006 and the 63-year-old lost two grandchildren in 2007, including one from AIDS.


"When I came here I was released from the grief because I am always busy instead of thinking about the dead," said Kitheka. "Now I am thinking about building a new house with 12 children. They are orphans. I said to myself, 'Think about the living ones now.' I'm very happy because of the children."


As she walks around Nyumbani, which is three hours' drive east of Nairobi, 73-year-old Sister Mary is greeted like a rock star by little girls in matching colorful school uniforms. Children run and play, and sleep in bunk beds inside mud-brick homes. High schoolers study carpentry or tailoring. But before 2006, this village did not exist, not until a Catholic charity petitioned the Kenyan government for land on which to house orphans.


Everyone here has been touched by HIV or AIDS. But only 80 children have HIV and thanks to anti-retroviral drugs, none of them has AIDS.


"They can dream their dreams and live a long life," Owens said.


Nyumbani relies heavily on U.S. funds but it is aiming to be self-sustaining.


The kids' bunk beds are made in the technical school's shop. A small aquaponics project is trying to grow edible fish. The mud bricks are made on site. Each grandparent has a plot of land for farming.


The biggest chunk of aid comes from the United States President's Emergency Plan for AIDS Relief (PEPFAR), which has given the village $2.5 million since 2006. A British couple gives $50,000 a year. A tree-growing project in the village begun by an American, John Noel, now stands six years from its first harvest. Some 120,000 trees have already been planted and thousands more were being planted last week.


"My wife and I got married as teenagers and started out being very poor. Lived in a trailer. And we found out what it was like to be in a situation where you can't support yourself," he said. "As an entrepreneur I looked to my enterprise skills to see what we could do to sustain the village forever, because we are in our 60s and we wanted to make sure that the thousand babies and children, all the little ones, were taken care of."


He hopes that after a decade the timber profits from the trees will make the village totally self-sustaining.


But while the future is looking brighter, the losses the orphans' suffered can resurface, particularly when class lessons are about family or medicine, said Winnie Joseph, the deputy headmaster at the village's elementary school. Kitheka says she tries to teach the kids how to love one another and how to cook and clean. But older kids sometimes will threaten to hit her after accusing her of favoring her biological grandchildren, she said.


For the most part, though, the children in Nyumbani appear to know how lucky they are, having landed in a village where they are cared for. An estimated 23.5 million people in sub-Saharan Africa have HIV as of 2011, representing 69 percent of the global HIV population, according to UNAIDS. Eastern and southern Africa are the hardest-hit regions. Millions of people — many of them parents — have died.


Kitheka noted that children just outside the village frequently go to bed hungry. And ARVs are harder to come by outside the village. The World Health Organization says about 61 percent of Kenyans with HIV are covered by ARVs across the country.


Paul Lgina, 14, contrasted the difference between life in Nyumbani, which in Swahili means simply "home," and his earlier life.


"In the village I get support. At my mother's home I did not have enough food, and I had to go to the river to fetch water," said Lina, who, like all the children in the village, has neither a mother or a father.


When Sister Mary first began caring for AIDS orphans in the early 1990s, she said her group was often told not to bother.


"At the beginning nobody knew what to do with them. In 1992 we were told these children are going to die anyway," she said. "But that wasn't our spirit. Today, kids we were told would die have graduated from high school."


___


On the Internet:


http://www.trees4children.org/

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No charges against Chris Brown in Fla. phone grab

MIAMI (AP) — Grammy-winning singer Chris Brown will not face criminal charges for snatching a woman's cellphone when she tried to snap a photo of him outside a Miami Beach club, prosecutors said Friday.

A memo released Friday by Miami-Dade County State Attorney Katherine Fernandez Rundle concludes there is no evidence that Brown intended to steal the phone in February or that he deleted any photos. One or the other is necessary for him to be charged with robbery or theft.

Prosecutors said that Brown tossed the phone from his limo and that it was picked up by Devon Blanche, head of security for rapper Tyga, who had performed with Brown at the Cameo club that night. According to the memo, Blanche tried to find out if someone had lost the phone, ultimately took it with him to Atlanta during the rapper's tour and said he intended to find its owner.

A felony charge against Brown, 24, might have triggered a violation of his probation for his 2009 assault on singer Rihanna, who was his girlfriend at the time. The two have recently collaborated on a new duet, "Nobody's Business," and have been spotted out together in recent weeks.

Rundle said the investigation's findings would be forwarded to probation officials in Los Angeles for review.

"We are grateful for the decision and the thorough investigation," Brown's attorney Mark Geragos said in an email.

According to the memo, after Brown and Tyga — real name Michael Stevenson — finished their performances, both got into separate limos to head for their hotels. Witnesses told prosecutors about 30 female fans gathered outside Brown's vehicle, at least one of whom reached inside to take a photo. Brown was accompanied by at least two women in the limo.

Stevenson told prosecutors that he saw Brown throw a white cellphone out of the limo. The phone's owner, Christal Spann, said Brown used a derogatory term for women and said "this will not run the website" when he grabbed the phone. Spann began beating on the limo's windows, according to the memo, until someone in a front seat told her the phone had been tossed out. She could not find it, however.

"She used to be a fan of Brown's, but no longer," the memo notes of Spann.

Blanche, the security man, told investigators he thought Brown was upset because "if photographs of himself with two females got out, it might cause him problems with Rihanna."

___

Follow Curt Anderson on Twitter: http://twitter.com/Miamicurt

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Jewel parent says sale talks proceeding













 


Exterior of Jewel-Osco's first "Green Store" located at 370 N. Desplaines in Chicago.
(Antonio Perez / November 29, 2012)





















































Supervalu, the Minneapolis-based parent of Jewel-Osco said sale talks are proceeding after stock closed down more than 18 percent Thursday, to $2.28.

The beleaguered grocery chain was likely moving to combat reports that sale talks with suitor Cerberus Capital Management had stalled over funding.

"The company continues to be in active discussion with several parties," according to the statement. "There can be no assurance that this process will result in any transaction or any change in the Company's overall structure or its business model."

Supervalu, the third-largest U.S. grocery chain, has acknowledged sale talks since the spring. The company has been closing stores and cutting jobs as it has underperformed competitors like Dominick's parent Safeway and Kroger.

If Supervalu does not sell to Cerberus, it may have to restructure on its own or sell off individual assets, which could have big tax consequences, Bloomberg said.

Reuters reported last month that buyout firm Cerberus was preparing a takeover bid for Supervalu, the third-largest U.S. supermarket chain.

Cerberus officials could not be reached immediately for comment.

-- Reuters contributed to this report

In addition to Jewel, Supervalu owns Albertsons, Cub and other regional grocery chains.

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Winning tickets sought in $588 million jackpot









The search is on for the country's newest multimillionaires, the holders of two tickets that matched all six numbers to claim a record $588 million Powerball jackpot.


Lottery officials said Thursday that the winning tickets matching all six numbers were sold at a convenience store in suburban Phoenix and a gas station just off Interstate 29 in a small northwestern Missouri town. Neither ticket holder had come forward.


The mystery fueled a giddy mood at the Trex Mart just outside Dearborn, Mo. — population 500 — as lottery officials and the media descended.











Cashiers Kristi Williams and Kelly Blount greeted customers with big smiles and questions about whether they had bought the winning ticket. No one had come forward to claim the prize by late Thursday morning, Missouri Lottery officials said.


"It's just awesome," Williams said. "It's so exciting. We can't even work."


The winning ticket sold in Arizona was purchased at a 4 Sons Food Store in Fountain Hills, Ariz., state lottery officials said.


In Dearborn, Williams said several local people buy lottery tickets there regularly and workers were hoping it was one of their regulars.


But Baron Hartell, son of the store's owner, Lowell Hartell, said truck drivers moving in both directions on the north-south interstate that connects Kansas City to the Canadian border who frequent the store are also considered locals.


"Even the truck drivers who come around, we see them every day, so they all feel like all locals to us," he said.


Store manager Chris Naurez said business had been "crazy" for Powerball tickets lately and that the store had sold about $27,000 worth of tickets in the last few days.


"This really puts Dearborn on the map," he said.


The general manager of Trex Mart suggested his staff would be sharing in the $50,000 bounty that the store will be awarded for selling one of the winning tickets.


"The response from the owner was, 'I guess we'll be able to give out Christmas bonuses,'" General Manager Kenny Gilbert said. "That's nice, especially at this time of year."


It appeared the winners had yet to come forward, and it wasn't clear if the tickets had been bought by individuals or groups. Winners have 180 days to claim their share of the prize money.


The numbers drawn Wednesday night were 5, 16, 22, 23, 29. The Powerball was 6. The $587.5 million payout represents the second-largest jackpot in U.S. history.


"If you find you're holding the winning ticket, be sure you sign the back and put it in a safe place until you can take it to a Missouri Lottery office," said May Scheve Reardon, executive director of the Missouri Lottery. "You will also want to get some legal and financial advice before you claim."


Americans went on a ticket-buying spree in the run-up to Wednesday's drawing, the big money enticing many people who rarely, if ever, play the lottery to purchase a shot at the second-largest payout in U.S. history.


Tickets sold at a rate of 130,000 a minute nationwide — about six times the volume from a week ago. That pushed the jackpot even higher, said Chuck Strutt, executive director of the Multi-State Lottery Association. The jackpot rolled over 16 consecutive times without a winner.


In a Mega Millions drawing in March, three ticket buyers shared a $656 million jackpot. This remains the largest lottery payout of all time.


___


Skoloff reported from Fountain Hills, Ariz.





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Microsoft Windows 8 makes lukewarm debut: sales tracker

SEATTLE (Reuters) - Consumer sales of Windows-powered personal computers fell 21 percent overall last month, figures released by a leading retail research firm showed on Thursday, indicating a lackluster debut for Microsoft Corp's Windows 8 operating system.


Many in the industry said Windows 8 might revive slack PC sales, but a report by NPD Group, which tracks computer sales weekly using data supplied by retailers, dampened those hopes.


On the same day, Microsoft announced pricing for its latest device designed to break Apple Inc's stranglehold on the tablet and lightweight laptop market. It is offering the Surface tablet running the full version of Windows 8 from $899, pitching it somewhere between Apple's latest iPad and MacBook Air laptop.


Since the launch of Windows 8 on October 26, Windows laptop sales are down 24 percent, while desktop sales are down 9 percent compared with the same period last year, making an overall 21 percent dip, NPD Group said.


Usually, a Microsoft release boosts PC sales because many consumers hold off purchases for several months so they can obtain the latest software immediately.


If the NPD's sales trends are borne out over the rest of the holiday shopping season, it would be a huge disappointment for Microsoft and PC makers such as Dell Inc, HP and Lenovo.


"After just four weeks on the market, it's still early to place blame on Windows 8 for the ongoing weakness in the PC market," said Stephen Baker, vice president of industry analysis at NPD. "We still have the whole holiday selling season ahead of us, but clearly Windows 8 did not prove to be the impetus for a sales turnaround some had hoped for."


NPD's data neither includes Microsoft's first Surface tablet, which is only available in its own stores, nor takes account of sales of PCs to businesses, which has recently been a much stronger market.


LARGER TABLET AVAILABLE JANUARY


Microsoft's first Surface tablet runs a version of Windows called RT, created to work on the low-power chips designed by ARM Holdings, which dominate smartphones and tablets but are incompatible with old Windows applications.


A larger, heavier tablet -- officially called 'Surface with Windows 8 Pro' -- will be on sale from January, running on an Intel Corp chip that works with all Microsoft's Windows and Office applications.


Microsoft said on Thursday it would price the new Surface at $899 for a 64 gigabyte version and $999 for a 128 GB version. That does not include the optional cover, which doubles as a keyboard, costing $120 to $130.


The company describes the wifi-only device as "a full PC and a tablet". It is priced above Apple's 64 GB wifi-only iPad at $699 and at the low end of Apple's MacBook Air line of lightweight laptops which start at $999.


The Intel-based Surface is thicker and heavier than both the iPad and Surface running Windows RT, but at 2 lbs (0.9 kg) is lighter than the MacBook Air.


Since Microsoft introduced Windows 8, it has accounted for only 58 percent of Windows computing device unit sales, compared to the 83 percent Windows 7 accounted for at the same point after its launch in 2009, NPD said. That was partly caused by poor back-to-school sales that left many Windows 7 PCs on retailers' shelves, NPD said.


One patch of light for Microsoft is strong sales of touchscreen Windows 8 laptops, which accounted for 6 percent of Windows laptop sales, according to NPD.


It is still unclear how successful Microsoft's Windows 8 will be in the long term. The touch-optimized, tablet-friendly system was designed to appeal to younger users with a colorful, app-based interface, but has confused some traditional Windows customers more used to keyboard and mouse commands. Beneath the new interface design, it does not offer any radical new computing power.


On Monday, a top Windows executive said Microsoft had sold 40 million Windows 8 licenses in the month since the launch. That is ahead of Windows 7 at the same stage, but it was not clear how many of those were pre-orders, discounted upgrades, or bulk sales to PC makers.


According to tech research firm StatCounter, about 1 percent of the world's 1.5 billion or so personal computers - making a total of around 15 million - are actually running Windows 8.


(Reporting By Bill Rigby; Editing by Bernard Orr and Grant McCool)


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Tagliabue holds Saints bounties hearing in DC

WASHINGTON (AP) — Former NFL Commissioner Paul Tagliabue and lawyers for the league and the players' union have arrived for a hearing in the Saints bounties case.

Tagliabue is overseeing the latest round of player appeals in Washington.

Former Saints assistant Mike Cerullo, a key witness in the NFL's investigation, is scheduled to speak Thursday. Former New Orleans defensive coordinator Gregg Williams is to participate in Friday's session.

Two Saints players who were suspended, linebacker Jonathan Vilma and defensive end Will Smith, had said they plan to attend when Williams is there.

Vilma's lawyer attended Thursday's hearing at an office building.

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