Harrah's accepts $17.1 billion private equity bid
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The board of the world's largest casino operator, Harrah's Entertainment Inc. , has accepted a $17.1 billion buyout bid from private equity groups Apollo Management and Texas Pacific Group .
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The board of Harrah's Entertainment Inc.  plans to meet on Wednesday to consider buyout offers, sources said on Monday, with bids expected to come in higher than a $15.5-billion cash offer.
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Private equity firms Apollo Management and Texas Pacific Group  were near reaching a deal to buy Harrah's Entertainment Inc. , the world's largest casino operator, with an increased $16.7 billion bid, sources familiar with the situation said.
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Home Depot Inc.  has agreed to sell its supply division to three private equity firms, sources said on Tuesday, in a roughly $10 billion deal that unloads a business the home-improvement retailer's former chief executive worked to expand.
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Triad Hospitals Inc.  agreed to accept a $4.7 billion takeover offer from two private equity buyers, including the investment unit of Goldman Sachs, amid pressure from a hedge fund to boost its stock performance.
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LOS ANGELES A Los Angeles-based investment firm has agreed to buy four properties from Las Vegas-based Caesars and Harrah&#39;s Entertainment for a total of 1-point-24 (b) billion dollars.
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Harrah's Entertainment Inc. HET.N  and Caesars Entertainment Inc. CZR.N on Monday said they have  agreed to sell four casinos for $1.24 billion to privately held  Colony Capital in a deal expected to ease anti-trust concerns  for Harrah's planned takeover of Caesars.
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Harrah's Entertainment Inc., the world's largest casino operator, received a $15.1 billion takeover offer from two private equity firms in what would be the fourth-largest leveraged buyout ever.
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The consumer electronics chain received an unsolicited   buyout offer valued at $17 per share.
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Harrahâs, the worldâs largest casino company, was near a deal last night to be sold to Apollo Group and Texas Pacific Group.
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The board of the world's largest casino operator, Harrah's Entertainment Inc., has accepted a $17.1-billion buyout bid from private equity groups Apollo Management and Texas Pacific Group.
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MULTIPLEX Group yesterday announced a $1.33 billion friendly takeover of Ronin Property Group and kicked off the process with the $207 million purchase of a substantial stake in the target from its major stakeholder.
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Food distributor Performance Food Group said it agreed to be acquired by Blackstone Group and Wellspring Capital Management for about $1.3 billion in cash.
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The Central Parking Corporation accepted a takeover bid of about $733 million from a private equity consortium led by Kohlberg & Company.
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Harrah's Entertainment Inc. ,  the world's largest casino operator, on Monday said it would  acquire Barbary Coast Hotel and Casino from Boyd Gaming Corp.   in exchange for 24 acres of land on the Las Vegas  Strip.
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Private equity firms Apollo Management  and Texas Pacific Group  appeared set to win a bid for  Harrah's Entertainment Inc.  with an offer of at least  $90 per share for the casino company, The Wall Street Journal  reported on its Web site on Sunday.
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Australian flag carrier and national icon Qantas has accepted an increased 11.1-billion-dollar (8.7 billion US) offer from a private equity group, a day after rejecting a lower bid.