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Author: tenshuma Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 218  
Subject: Re: And then there was...Lawsuit? Date: 10/11/2006 9:38 PM
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Ugh, I have no clue. It seems to me that people are getting really takeover-happy right now.

Everyday I do my news can and there's always another takeover. Biotech minerals and energy mostly. Maybe it's because stocks have been cheaper lately...but something's in the air.


Casino operator Harrah's Entertainment Inc. reportedly received a sweetened buyout bid amounting to more than $15.5 billion.

New York-based Apollo Management Group and Texas Pacific Group, based in Fort Worth, Texas, submitted the increased bid this week to the Harrah's Entertainment board, according to a report Wednesday in The New York Times, which cited unidentified people involved with the negotiations.

The board had previously rejected an initial cash offer of $15.05 billion.


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