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Harrah's backs out of public offering22 November 2010NEW YORK -- Harrah's backtracked on its planned $500 million initial public offering last Friday, Reuters reported. Harrah's released a statement that cited market conditions, Reuters said. Analysts however pointed to Harrah's "heavy leverage" and a too high price range, Reuters added.
Harrah's backs out of public offering
is republished from Online.CasinoCity.com.
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