TITLE

Harrah's local land buys seem over

AUTHOR(S)
Knightly, Arnold M.
PUB. DATE
May 2008
SOURCE
Las Vegas Business Press (10712186);5/19/2008, Vol. 25 Issue 20, p16
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the decision of Harrah's Entertainment to halt its mergers and acquisitions activity in Las Vegas, Nevada. Chairman and chief executive officer (CEO) Gary Loveman has disclosed that the company is no longer interested in pursuing the 8-acre sliver between MGM Mirage's Bellagio and City Center. The company feels that it does not need another casino in Las Vegas, especially one that is noncontagious to its existent holdings.
ACCESSION #
32441059

 

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