Street Waits on Harrah's (HET) Bid News
The street is still waiting on a decsion from Harrah's Entertainment Inc. (NYSE: HET) related to buyout bids for the casino company.
According to reports from the Wall Street Journal today, Penn National Gaming (Nasdaq: PENN) made a competing offer to the bid from private equity groups Texas Pacific Group and Apollo Management, which earlier in the week was raised to $87.
According to reports from the Wall Street Journal today, Penn National Gaming (Nasdaq: PENN) made a competing offer to the bid from private equity groups Texas Pacific Group and Apollo Management, which earlier in the week was raised to $87.
Labels: Apollo Management, Harrah's Entertainment, HET, PENN, Penn National Gaming, Private Equity, Texas Pacific Group
posted by Lon at 11:30 AM
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