peHUB First Read

Selling: British defense contractor BAE Systems is dealing its platform solutions division, possibly to PE firm Warburg Pincus

Buying: And, the Atheros-Qualcomm deal

Growing: At CES, they’re talking about another year of double-digit growth for consumer electronics sales

Trading: Overseas, stocks did not impress, the Euro weakened and U.S. futures are headed lower

Funding: RootMusic snags a $2.3 million funding round

Going public: The award for most ironic IPO of 2011 has already been spoken for

Drinking: From the thundering herd to bathtub gin

Politicking: With its additional clout (beginning today), the GOP is eager to tie job growth to small businesses

Litigating: This is why post-divorce spending sprees happen, people