Harrahs, Caesars, etc.. Sold $17.1bn

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  • Brujah
    Beer Money Baron
    • Jan 2001
    • 22157
    #1

    Harrahs, Caesars, etc.. Sold $17.1bn

    Harrah's Entertainment Inc., the world's largest casino company, accepted a $17.1 billion offer from Apollo Management LP and Texas Pacific Group in the fourth- biggest private-equity buyout ever.

    http://www.bloomberg.com/apps/news?p...q2Y&refer=home
    Tags: None
    • djroof
      JuicyDevils.gr Owner
      • Jan 2004
      • 25516
      #2
      Damn... if I had 50$ more I could buy it...

        Comment

        • Scott McD
          Too lazy to set a custom title
          • Nov 2002
          • 67792
          #3
          The company had planned a multibillion-dollar redevelopment of its Las Vegas Strip properties to compete with new, high-end casinos from Wynn, Las Vegas Sands and MGM Mirage. On Oct. 2 the company said it was trading 24 acres on the Strip for Boyd Gaming Corp's Barbary Coast Hotel and Casino, giving Harrah's a stretch of six casinos along the Strip's east side and a total of 350 acres.
          Should be interesting. Can only be a good thing then !!


          I Buy My High Quality Traffic Here, You Should Too!

            Comment

            • DaddyHalbucks
              A freakin' legend!
              • Feb 2004
              • 18975
              #4
              Harrah's is a gold mine.
              Boner Money

                Comment

                • maxjohan
                  Confirmed User
                  • Dec 2002
                  • 7219
                  #5
                  Nice coin there!

                  $17.1 Billion

                  See... there is always companies ready to buy you
                  when you're ready to sellout, even for $17 Billion.

                  My plan?

                  Sell to Playboy in two years for $20 million

                  I went from 100 to 313,000 satoshis in 2 days! Lots of daily freerolls...

                    Comment

                    • Chris
                      Too lazy to set a custom title
                      • May 2003
                      • 27880
                      #6
                      thats alot of debt
                      [email protected]

                        Comment

                        • Mr. Romance
                          The Face of Romance and the Symbol of Freedom
                          • Mar 2005
                          • 7821
                          #7
                          once again...the house always wins

                          Mr. Romance
                          Free Leads Program now paying up to $6

                          Gerard-Director of Global Sales
                          Sign up Here: CamStarCash
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                          ICQ: 330 662 299
                          gerard at freecamstars . com

                            Comment

                            • Brujah
                              Beer Money Baron
                              • Jan 2001
                              • 22157
                              #8
                              These investors bought up Century21 and Cendant parent company.. or Realogy. They seem to have been buying up a lot.

                                Comment

                                • Hollywood Horwitz
                                  Porn To ROCK!
                                  • Dec 2003
                                  • 4357
                                  #9
                                  damn thats pimp to buy all those casino's!
                                  Ross Horwitz
                                  Skype: RossAngeles666
                                  Online Ad Sales / Email / Display Ads / Mobile
                                  Cell.323.949.4313
                                  [email protected]

                                    Comment

                                    • dg4rez
                                      Registered User
                                      • Dec 2006
                                      • 1
                                      #10
                                      hopefully my fucking boss gets fired and traded with a stoner

                                        Comment

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