TITLE

LAS VEGAS SANDS TELLS INVESTORS IT'S IN DANGER OF DEFAULT

AUTHOR(S)
Stutz, Howard
PUB. DATE
November 2008
SOURCE
Las Vegas Business Press (10712186);11/17/2008, Vol. 25 Issue 46, p18
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that casino operator Las Vegas Sands Corp. is in danger of defaulting on some of its loans, which raises the possibility that it could be facing a date in bankruptcy court. Accordingly, shares of the firm that are traded on the New York Stock Exchange (NYSE) declined by more than 25 percent. The company also adds that it needs to raise more capital.
ACCESSION #
35377817

 

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