Word: stockings
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...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 to make a bigger bet on a new Strip hotel, the Palazzo, and other properties in the U.S. and overseas. In April, Steve...
...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 Adelson, 70, the owner of the Venetian, is contemplating an ipo to score cash to make a bigger bet on a new Strip hotel, the Palazzo, and other properties in the U.S. and overseas. In April, Steve Wynn...
...Going Down RUSSIA Not even a bailout offer from a consortium led by ex-Yukos official Konstantin Kagalovsky could reverse a slide in the oil giant's stock. As court bailiffs threatened to sell its core asset, Yuganskneftegaz, to recoup $3.4 billion in back taxes, the prospect of bankruptcy loomed too large...
...sold in Europe; this year LG expects to sell about $5 billion worth of goods there. Small wonder, then, that the LG.Philips unit's operating profit soared 307% last year, to $935 million. Last week the joint venture began trading its own stock on the Seoul exchange...
...draft-eligible sophomore in the 39th round in June—far lower than many baseball insiders has projected—Harvard’s single-season and career home run king opted to honor his contract with the Gatemen in hopes of raising his stock...