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Icahn Has Cheezburger?

By Chuckmonster on Tuesday, 21st April 2009 6:13pm
  » filed under Mergers & Acquisitions  comments: 3


icahn has cheezburger

Icahn has cheezburger?

Or not.



Comments & Discussion:

Since a bankruptcy would send the value of Kirk's 53% of the company to 0, and since Dubai World, who paid $65-80 per share would see their value go to 0, you can be assured neither of these two parties, who together own almost 65% of the company will go for any option that involves bankruptcy. MGM has $13 Billion in total long term debt, however they have Billions more in assets. Hurt as it might, MGM will sell off the company precious properties, if that's their only option. There are buyings with money ready to buy, including Boyd, Wynn and Penn. Each of these companies is in the market to buy, and each has substantial cash and or open credit lines. The Las Vegas monopoly game keeps moving on!

Hey! I have a Domo @ my house!!!
Target is going to start selling SackBoy stuffed toys sometime next month.
When video games come to life...

I just about fell over when I saw this one, as Icanhascheezeburger is one of my favorite non-Vegas/non-aviation websites.

Myself, I hope Icahn fails, as once a corporate raider, always a corporate raider.

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