Harrah's buyout hearing date set

28 September 2007

ALANTIC CITY, New Jersey -- As reported by the Press of Atlantic City: "New Jersey gaming regulators have scheduled a hearing next month to consider a $17.1 billion buyout of Harrah's Entertainment Inc. by two private equity firms.

"...Pending regulatory approvals in states where Harrah's operates casinos, private equity firms Apollo Management and Texas Pacific Group will acquire the gaming giant in the casino industry's largest takeover ever..."

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