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The Chip Board Archive 20

Re: Harrahs to take Caesars public

Sounds a lot like Ford which got a $23 billion credit line just a month before the economy did a nosedive. That is the only thing that kept them from bankruptcy like GM and Chrysler.

The question I have is Harrahs literally selling off Caesars or is the whole thing going to be a publically held company again? I wonder how much the holding company is keeping for itself? Since they paid something like $42 Billion for everything it looks like they may be selling only 1%?? Or maybe 10% of just Ceasars?

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Harrahs to take Caesars public
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