![]() In September, Harrah’s controlled nearly $140 million of the property’s debt. Harrah’s has been quietly negotiating with holders to acquire more of Planet Hollywood’s $860 million debt, which is in default. The Review-Journal reported Wednesday that Harrah’s Chairman and Chief Executive Officer Gary Loveman confirmed in an e-mail to employees that Harrah’s is trying to take over the property. The board offices were closed Thursday and Friday for the Thanksgiving weekend.Ĭontrol board officials did not have an idea when regulators would consider the application. The application was made late Wednesday afternoon. ![]() Harrah’s Entertainment has filed applications with the Nevada gaming regulators for approval to acquire Planet Hollywood Resort, the state Gaming Control Board confirmed this morning. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |