Word: kerkorian
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Vegas doesn't have to give anything away right now. It's so hot, even the people who own the town are spending money here. Last month, 87-year-old multibillionaire Kirk Kerkorian cut a deal to merge his MGM Mirage with Mandalay Resort Group to form the world's largest gaming company--until last week, when Harrah's Entertainment agreed to buy Caesars Entertainment in a $9.25 billion deal (including cash, stock and debt) that would create an even bigger company. Sheldon Adelson, the 70-year-old owner of the Venetian, is contemplating an IPO to score some cash...
...MIRAGE Kirk Kerkorian...
...rooms, food, drinks and shows - what they used to give away to get you to gamble. Vegas doesn't have to give anything away right now. It's so hot, even the people who own the town are spending money here. Last month, 87-year-old multibillionaire Kirk Kerkorian cut a deal to merge his MGM Mirage with Mandalay Resort Group to form the world's largest gaming company - until two weeks ago, when Harrah's Entertainment agreed to buy Caesars Entertainment in a $9.25 billion deal (including cash, stock and debt) that would create an even bigger company. Sheldon...
...year might see to that. Think Twice Before Merging Five years after Daimler-Benz and Chrysler merged, the transatlantic deal is still under fire from investors. A U.S. court will this week begin hearing charges that the marriage was wrongly billed as a "merger of equals." U.S. billionaire Kirk Kerkorian - Chrysler's biggest shareholder prior to the $36 billion tie-up - is suing DaimlerChrysler for fraud, claiming the deal was not a merger but a takeover, with the German firm running Chrysler. There's more to it than semantics: slating the deal as a merger bypasses the need...
...problems plaguing Hollywood producer STEVE BING, lack of virility is not one. Actress ELIZABETH HURLEY says Bing is the father of her newborn son, a claim he is fighting in court. Now he is also being cited as the father of Kira Kerkorian. Until recently, Kira, 4, the daughter of Bing's ex-girlfriend Lisa Bonder, was believed to have been sired by Bonder's former husband, billionaire movie-studio mogul Kirk Kerkorian. In January Bonder, 37, petitioned Kerkorian, 84, for $320,000 a month in child support. His lawyers say he is sterile and could not possibly...