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Private:Harrah's Entertainment/BullsWe don't have a Bulls article about Private:Harrah's Entertainment/Bulls yet. You could be the first person to write a bullish analysis about Private:Harrah's Entertainment/Bulls. As the first editor, you could earn a "Top Contributor" spot if you have an account. Top 3 Bulls Arguments
Geographic Diversification: HET is the largest casino company in the world, and is well diversified to benefit from gaming developments worldwide. In addition, its geographic diversity shields the company from any local fluctuations of the gambling industry. Exposure to growth in Las Vegas: HET currently owns 350 acres of undeveloped land in the heart of the Las Vegas strip. With steady historical growth trends, the city will likely be able to absorb any large scale development by the company. In addition, the company's current operations in Las Vegas are already sufficient for it to benefit from the city's constant growth. Buyout by Private Equity: As of December 24, 2007, HET has cleared all regulatory restrictions regarding its buyout by private firms Apollo Management and Texas Pacific Group for $90 per share. All parties have invested significant capital and time into this deal; therefore, the buyout will most certainly close in early 2008, at which time all shares will be purchased at $90. |
The Shelf
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