|
 |
|||
Caesars Entertainment News
MERGERS AND ACQUISITIONS: Harrah's priority: Reduce debt
21 Dec 2006
Harrah's Entertainment's debt load will nearly double and its priority will shift to paying it down instead of reinvesting in growth after one of the biggest leveraged buyouts ever, SEC documents filed Wednesday show.
Harrah's withdraws common stock listing on NYSE Arca
21 Dec 2006
Harrah's Entertainment, Inc. plans to withdraw the listing of its common stock from NYSE Arca, Inc., formerly the Pacific Exchange.
Harrah's bought for $27.8 billion
21 Dec 2006
Harrah's Entertainment has accepted a $27.8 billion buyout from private equity firms Apollo Management Group and Texas Pacific Group.
Equity firms buy Harrah's in deal worth $27.8 billion
20 Dec 2006
Casino giant Harrah's Entertainment will be owned by two private equity firms in an all-cash deal worth $27.8 billion, the largest-ever transaction for a gaming company.
Harrah's collaborates on newest poker camp
20 Dec 2006
You are holding pocket aces and you feel a slight twitching of your left eyelid, soon to matched by a jumping right eyelid. Be cool, take it easy.
Harrah's accepts bid Apollo and TPG bid
20 Dec 2006
Harrah's Entertainment, Inc. has entered into a definitive agreement for affiliates of Texas Pacific Group and Apollo Management, L.P. to acquire Harrah's in an all-cash transaction valued at approximately $27.8 billion.
Sale could cut Harrah's plans short
19 Dec 2006
With word that the board of directors at Harrah's Entertainment will accept a private buyout offer at $90 per share, observers say the company has reached a crossroads and may sacrifice long-term prospects in favor of short-term gains.
Harrah's buyout close
19 Dec 2006
Harrah's Entertainment's board of directors has agreed to a $16.7 billion buyout of the casino operator by two private equity firms, sources told The Associated Press on Monday.
Landowners stand in way of 'the gorilla'
18 Dec 2006
Although he's not talking about it, Oscar Nunez is literally in a position to write the next chapter of Las Vegas Strip lore.
Gaming industry: Harrah's still meeting on buyout bids
18 Dec 2006
The board of directors of casino giant Harrah's Entertainment met again on Sunday to discuss buyout offers for the company.
Harrah's weighing takeover proposals
18 Dec 2006
After two days of meetings in New York at an undisclosed location, it was unclear if the Harrah's board had met again Friday or had reached a resolution.
Sources: Harrah's nears buyout deal with Apollo, TPG
18 Dec 2006
News Brief: - Private equity firms Apollo Management and Texas Pacific Group were near reaching a deal to buy Harrah's Entertainment Inc. with an increased $16.7 billion bid, sources familiar with the situation said.
Harrah's weighing options
15 Dec 2006
Harrah's Entertainment ended a meeting of a special committee of its board of directors Thursday without announcing a decision on whether it will back a multibillion dollar buyout offer, according to a person close to the matter.
Bid for Harrah's draws skepticism
14 Dec 2006
Sources close to the Penn National bid for Harrah’s said the Harrah’s board may not reach a consensus until today or possibly later.
Mergers and acquisitions: Harrah's quiet about bids
13 Dec 2006
A meeting that no one will confirm is taking place could determine the direction of the gaming industry's largest casino operator.
Ruling: Table gaming supervisors can't get overtime
13 Dec 2006
News Brief: Table-games supervisors do not quality for overtime, according to what may be a precedent-setting ruling by a federal judge in Indiana.
Bid for Harrah's expected to rise
12 Dec 2006
News Brief: Apollo Management and Texas Pacific Group are expected to raise their bid for Harrah's Entertainment Inc. to $87 a share.
California tribe awarded $30 million
11 Dec 2006
New Brief: An ill-fated business relationship, which in 2003 spurred talk of a Caesars-brand casino-resort going up on the Pauma Indian reservation in North County, has led to a jury’s decision to award $30 million in damages to the Pauma tribe.
Harrah's discusses buyout offers
11 Dec 2006
News Brief: The board of Harrah's Entertainment Inc. plans to meet on Wednesday to consider buyout offers.
Looking in on: Gaming
5 Dec 2006
Harrah's Entertainment has delayed announcing details of its center-Strip redevelopment plans, pending a potential deal to take the company private.
Las Vegas Sands to launch online casino
5 Dec 2006
Las Vegas Sands shocked the online gambling world this week by announcing it would launch a real-money Internet casino for the U.K. this spring.
Harrah's Chester casino steps in to help displaced Kahunaville employees
4 Dec 2006
In the wake of the announced closing of Wilmington’s Kahunaville Restaurant & Bar, Harrah’s Chester Casino & Racetrack has stepped in to lend assistant to the displaced employees affected by the closing.
Pauma wins lawsuit against Harrah's
4 Dec 2006
A jury has found that Harrah's intentionally interfered with a
proposed $300 million hotel/casino project between Caesars Entertainment and the Pauma Tribe.
Heard it on the river
3 Dec 2006
January, with Holiday expenses hanging heavily and tax time down the road, is not the busiest time of the year in the casino industry but two TUNICA casinos have year in an year out figured out how to smooth out that bump when they convert the County into the POKER CAPITAL of the world.
Analysts: Casino stock index reaches high
1 Dec 2006
Outside forces, rather than performance, drove the average daily stock prices of three of the gaming industry's largest operators to double-digit increases during November.
|
|||
