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Harrah's Buyout Plan Gains More Approvals

By Chuckmonster on Thursday, 6th December 2007 3:01am
  » filed under Harrah's Entertainment  comments: 0

   

Casino MEGACOMPANY Harrah's has cleared a few more hurdles in its long quest for privatization. Nevada's Gaming Control Board has recommended that the buyout of Harrah's by Texas Pacific Group/Apollo Management be approved. The Nevada Gaming Commission will begin debating the buyout on December 20th.

Earlier this week, Missouri Gaming Commission approved the merger agreement that was announced almost a year ago. Illinois, Indiana, Mississippi and New Jersey gaming regulators have approved the deal. Iowa, Louisiana, Pennsylvania and a handful of other states have yet to decide.



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