 Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter! Related Links
|
Gaming News
LV Sands IPO a Good Bet10 December 2004NEW YORK – As reported by the by Forbes: " Las Vegas Sands' IPO is a good bet to open strongly and perform well in the aftermarket. "It's a profitable company in a solid sector, and it's going public in a strong IPO market. The deal is led by Goldman Sachs, one of Wall Street's top underwriters. "…Las Vegas Sands' IPO also will benefit from the strong performance of Wynn, a sleeper when launched two years ago. "…Las Vegas Sands plans to offer 28,089,524 shares at $20 to $22 each. The proposed New York Stock Exchange Symbol is LVS. "The deal is expected to be priced the week of Dec. 13. The company plans to use net proceeds raised in the IPO for general corporate purposes and working capital…" |