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Private Equity Firms Bid $15 Billion for Harrah�s

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The announcement ignited speculation that the American casino business could attract more such proposals. (New York Times — 3 October, 2006)
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The proposed $15 billion (?11.8 billion) buyout of the world’s largest casino operator, Harrah’s Entertainment Inc., by two private equity firms could spark a wave of bids in a sector that is rich in cash flows and real estate, analysts say — assuming the deal can be successfully sealed. (International Herald Tribune — 18 hours ago)
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Private Equity Firms Bid $15 Billion for Harrah�s
Private Equity Firms Bid $15 Billion for Harrah�s

U.S. casino operator Harrah’s Entertainment has received a $15.05 billion offer from two private-equity firms in what would be the biggest such deal yet and the fifth-largest leveraged buyout in history. (CNN — 4 October, 2006)
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The proposed $15 billion buyout of the world’s largest casino operator, Harrah’s Entertainment Inc., by two private equity firms could spark a wave of bids in a sector that is rich in cash flows and real estate, analysts say — assuming the deal can be sealed. (CNN — 3 hours ago)
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