CasinoCityTimes.com

Gurus
News
Newsletter
Search News Subscribe
Stay informed with the
NEW Casino City Times newsletter!
Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter!
Related Links
Related News

Gaming News

 

Bid for Harrah's expected to rise

12 December 2006

NEW YORK – As reported by Reuters: "Apollo Management and Texas Pacific Group are expected to raise their bid for Harrah's Entertainment Inc. (NYSE:HET) to $87 a share, the Wall Street Journal reported on its Web site on Tuesday, citing people familiar with the matter.

"That would value the company at around $16 billion.

"…Harrah's board set a deadline of Tuesday for bids and planned to meet on Wednesday to consider buyout offers, sources told Reuters on Monday…"

< Gaming News

Bid for Harrah's expected to rise is republished from Online.CasinoCity.com.