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Resort and casino operator Kerzner International Ltd. agreed to be acquired and taken private by an investor group including Los Angeles-based

Colony Capital LLC

for nearly $3 billion. The deal values shares of the Bahamas-based owner of Atlantis resorts and One & Only; hotels at about $76 each, an 8 percent premium over its closing price on Friday. The total transaction value, including the assumption of $599 million of net debt, is about $3.6 billion. Kerzner’s board has approved the agreement, and the transaction is expected to close in the middle of 2006.

The investor group led by Kerzner’s chairman and chief executive also includes shareholder Istithmar PJSC, Whitehall Street Global Real Estate Limited Partnership 2005, Providence Equity Partners Inc. and Related Companies L.P. The group will receive a break-up fee of about $30 million if the deal falls through, as Kerzner is allowed to solicit more proposals during the next 45 days.

– United Online Inc.

said its social-networking subsidiary Classmates Online Inc. has acquired Opobox Inc., operator of social-networking service The Names Database, for about $10 million in cash. The Woodland Hills-based Internet-service provider said the acquisition will help expand its Classmates.com service while providing a cost-efficient distribution channel to market its services, including Web-hosting and Internet access.

The Names Database, a social networking service that helps members find and connect with friends, family and classmates worldwide, has over 20 million registered members, 50,000 of which are paid subscribers. The company is expected to generate less than $1 million in revenue this year.

– Lowe Enterprises

has entered into exclusive negotiations with BHP Billiton subsidiary BHP Copper Inc. to form a joint venture to develop BHP Billiton’s 19,600 acres near Tucson, Ariz. Lowe and BHP Billiton have proposed a master-planned development with residential, commercial and light-industrial uses for the land, which includes a portion of BHP Billiton’s former copper mine and processing facilities. Lowe is working on a preliminary design and will proceed with further analysis and market studies over the next several months, the L.A.-based real estate investment firm said in a statement.

– Northrop Grumman Corp.

was awarded a two-year, $248 million contract to support the U.S. Navy’s Los Angeles-, Ohio-, Seawolf- and Virginia-class submarines. Of the $248 million, $59 million is for work to be performed in 2006. The contract runs through 2008. Northrop’s Newport News sector is the prime contractor for the work, which will include planning, engineering and logistics support as well as maintenance analysis and modernization and repair services.

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Allergan Inc. said it has acquired 94.7 percent of the shares of

Inamed Corp.

and expects to close the acquisition soon. After Allergan verifies that at least 90 percent of outstanding Inamed common stock was acquired in the exchange offer, the company expects to complete the acquisition promptly through a short-form merger under Delaware law.

The Federal Trade Commission approved Irvine-based Allergan’s buy of Santa Barbara’s Inamed earlier this month. To get regulatory approval, Allergan agreed to sell Inamed’s rights to Reloxin, a potential competitor to Allergan’s flagship Botox drug.