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Shares are trembling for Harrah’s

Middle December 2006:

Shares in Harrah’s climbed 3.4 per cent to $82.18, as the casino operator was expected to confirm a private buy-out offer valued at $90 a share.

Bond markets were largely subdued in the absence of significant economic data.

On Wall Street, the Dow rose as high as 12,490.70 as acquisitions were announced of companies ranging from Harrah’s Entertainment, the casino group, to Biomet, the maker of hip and knee replacement parts.

However, the Dow, the market barometer later slipped.

THE MAIN INVESTOR IN GRAN SCALA WAS PANICKING TO BUY AT THIS TIME OF THE MONTH

At the end of the week, as it can be read in the international economic press, Harrah’s Entertainment, a Las Vegas-based casino, was trying to pursuade creditors to renegotiate its payment terms to avoid a default.

THE CREDIT CRUNCH MIGHT BLOW THE GRAN SCALA PROJECT

Diciembre 1, 2008 - Publicado por Carolina Gaudi | English | , , , , | 1 comentario

1 comentario »

  1. where this info comes from?

    Comentario por J.Mari | Diciembre 2, 2008 | Responder


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