Harrah's says gets $15 billion buyout offer
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Harrah's Entertainment Inc. ,  the world's biggest casino operator, on Monday said it has  received a $15 billion buyout offer from private equity firms  Apollo Management and Texas Pacific Group. .
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NEW YORK, May 29 -- Archstone-Smith, a major owner of apartment buildings, said Tuesday it had agreed to a Tishman Speyer-led buyout valuing the company at about $15.5 billion, but investors indicated they were expecting a higher bid.
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Ford Motor Co. will offer buyout   packages of up to $140,000 to all of the more than 75,000   workers at its U.S. plants, the United Auto Workers union said   on Thursday, a day before the automaker details a revised   turnaround plan in response to slumping sales.
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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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Ford Motor Co. F.N will offer buyout   packages of up to $140,000 to all of the more than 75,000   workers at its U.S. plants, the United Auto Workers union said   on Thursday, a day before the automaker details a revised   turnaround plan in response to slumping sales.
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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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Harrah's Entertainment, the world's biggest casino firm, accepts a $17.1bn bid from two private equity firms.
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SBC Communications Inc., the No. 2  U.S. telecommunications company, is in talks to acquire AT&T  Corp. for more than $15 billion to bolster its business with  large corporations, sources familiar with the talks said on  Thursday.
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The board of Harrah's Entertainment Inc.  has accepted a $90-per-share buyout bid from private equity groups Apollo Management and Texas Pacific Group , the casino operator said on Tuesday.
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Harrah&#39;s Tunica Casino &amp; Hotel and Bally&#39;s Casino Tunica will be sold to an affiliate of Colony Capital as part of a four-hotel deal valued at $1.
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The Blackstone Group had also bid for U.S. apartment owner Archstone-Smith Trust  in the weeks before Archstone agreed to acquired by affiliates of Lehman Brothers Holdings Inc.  and Tishman Speyer for more than $15 billion, The Wall Street Journal Online reported on Thursday.
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Station Casinos Inc.  said on Monday it received a management-led buyout offer from a group including its Chairman and Chief Executive Frank Fertitta for $82 per share, or $4.7 billion.
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An affiliate of Colony Capital has agreed to buy four properties from Caesars Entertainment Inc. and Harrah&#39;s Entertainment Inc.
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Oil and gas pipeline operator Kinder  Morgan, Inc.  said on Monday it had signed an agreement  to be bought by an investor group that includes Chief Executive  Richard Kinder for $107.50 per share, or $15 billion, in cash.
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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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Station Casinos Inc.   said on Monday it received a management-led buyout offer from a group including its chairman and Chief Executive Frank Fertitta for $82 per share, or $4.7 billion.
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Insurance firm Royal & Sun Alliance sells its US operations to a company set up by its management team for Â£158m.