Harrah's Entertainment transaction approved
29 Nov 2007
LAS VEGAS, Nevada -- (PRESS RELEASE) -- Harrah's Entertainment, Inc., (NYSE: HET) today announced it received approval from the Missouri Gaming Commission for the proposed acquisition of Harrah's by affiliates of Apollo Management, L.P. and TPG Capital.
The transaction remains subject to approval by other jurisdictions in which Harrah's subsidiaries operate and other conditions to closing set forth in the agreement and plan of merger entered into on December 19, 2006.