A look at the Wall Street rumor mill - Unfiltered. Most of the rumors posted on this blog will never, ever, ever come true. Many are BS. Even more are wishful thinking. YOU SHOULD NEVER BUY A STOCK ON A RUMOR - NEVER! GOT IT? NOW ENJOY.
Monday, March 26, 2007
Investor Group Offers to Acquire Riviera Holdings (RIV) for $27/Share
In an amended 13D filing on Riviera Holdings (AMEX: RIV), an investing group led by Paul Kanavos, Robert Sillerman, Brett Torino and Barry Sternlicht sent a letter to the company proposing to acquire the company for $27 per share.