Group nears deal for casinos - report
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SAN FRANCISCO (CBS.MW) -- A group led by privately held Colony Capital is close to reaching an agreement to buy the Atlantic City Hilton and three other casinos in the Chicago area and Mississippi for about $1.
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LAS VEGAS -- Private equity bidders extended their shopping spree for casino companies yesterday as Station Casinos Inc. said it received a $4.7 billion buyout offer from its founding family and an affiliate of Colony Capital LLC.
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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 aimed to cut anti-trust concerns for  Harrah's planned $5 billion takeover of Caesars.
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Station Casinos Inc.  has accepted a revised buyout offer valued at about $5.5 billion from a group that includes the company's founding family and real-estate firm Colony Capital LLC, according to The Wall Street Journal.
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The planned purchase of the storied  Golden Nugget casino in Las Vegas by Landry's Restaurants Inc.  LNY.N is further evidence of how gambling has become  mainstream entertainment, analysts say.
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Harrah&#39;s Entertainment and Caesars Entertainment Inc. have agreed to sell four hotel-casinos to an affiliate of Colony Capital LLC for about 1.2 billion dollars.
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Casino operator MGM Mirage MGG.N,  which plans to buy Mandalay Resort Group MBG.N , reported  better-than-expected results on Tuesday, driven by a boom in  its Las Vegas businesses.
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ATLANTIC CITY, NJ Oct. 1, 2004 - About 10,000 casino hotel workers from more than half the city&#39;s 12 casinos went on strike Friday, even though negotiators had reached a tentative agreement with three of the casinos.
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For 12,000 years or more, Columbia River tribes gathered nearby to do business with distant tribes. Now they want to come back &#151; to deal blackjack and poker.
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U.S. gaming company Las Vegas Sands Inc. wants to build six more hotels that include some casinos in an area of the southern Chinese gambling enclave of Macau it hopes to model after the Las Vegas Strip.
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Donald Trump&#39;s casino company expects to decided in the next couple of weeks whether it can reach a new debt restructuring deal with bond holders, sell assets or whether Trump will take the company private, executive vice president
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Harrah&#39;s Entertainment (HET) and Caesars Entertainment (CZR) said Tuesday that they have begun negotiations to sell four casinos, in a move expected to reduce
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The casino company said it hired Merrill Lynch to help it explore strategic alternatives, which could include the possibility of a sale.
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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 offer is the third this year for major casino operators as executives move to take their businesses private with the help of private equity financing.
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A second buyout group is considering an offer for HarrahÂs Entertainment, the largest casino operator in the world.
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By Tom Wilemon, The Sun Herald, Biloxi, Miss.  Feb. 7--BILOXI -- Isle of Capri Casinos Inc. has bought the Point Cadet property where Landry's Restaurants had proposed putting a Golden Nugget Casino.