Las Vegas Review/Journal:
Harrah's Entertainment has completed its $425 million buyout of Players International, which saw its welcome in the casino industry end with the scandal
involving former Gov. Edwin Edwards. A day after the Illinois Gaming Board removed the last hurdle by approving the deal, Las Vegas-based Harrah's said Wednesday it would pay $8.50 in cash for each share of Players' stock and assume $150 million in Players' debt.
|