Home » VT News » Baffling: Reno Hilton's Purchasers Grand Sierra Resort Taken Over By DTLL Who is Then Bought Out By Another Company
Baffling: Reno Hilton's Purchasers Grand Sierra Resort Taken Over By DTLL Who is Then Bought Out By Another Company
This is one of the more convoluted strains of casino takeovers ever witnessed. The Reno Hilton is currently in process of being bought from Harrah's and renovated by Grand Sierra Resort Corporation. A few days ago, one of Grand Sierra's largest shareholders Angela Whichard Inc. (AWI) sold their 51% stake in the company to DTLL, Inc. who (after a ton of inconclusive Googling) may be DTLI, a pharmaceutical manufacturer. Not but a day later, 70% of DTLI was acquired by an investment group made up of Dual Cooper, Island Residences Club, and Richard Woods.
Huh?
For those who care: here's a flow chart:
Reno Hilton (Harrahs) ->
- Reno Hilton / Grand Sierra Resort (Grand Sierra Resorts) ->
- - 51% of Grand Sierra Sold to DTLL Inc. ->
- - -70% of DTLL, Inc Sold to Dual Cooper/Island Residences and Richard Woods
Link goes to the super confusing press release.

Advertisement:
The Latest:
Introducing the Trippies Class of 2017What I Did On My Summer Vacation - Part 2
Sayonara Wynn Nightlife Social Media History
Sayonara Bellagio Table Game Canopies
Trippies 2017 Webcast Live This Saturday!
Some Thoughts About Alon
Crown Pulls Out Of Alon
The Lucky Dragon Photo Safari
The Trippies 2017 Final Nominees Are...
The Trippies 2017 Nomination Phase Is Now Open
The Crown Of Macau... And Eventually Vegas
» Complete Archive

Recent Comments:
» Sayonara Bellagio Table Game Canopies...
» Introducing the Trippies Class of...
» Introducing the Trippies Class of...
» Sayonara Bellagio Table Game Canopies...
Comments & Discussion:
» No Guts, No Glory... Be The First to Post
Comments Are Closed