Harrah’s deal nearing completion
A $16.7 billion buyout that would take Harrah’s Entertainment private should be completed in the near future, according to The Wall Street Journal.
Apollo Management and Texas Pacific Group were also among bidders.
Penn National and other potential bidders have also been courting Harrah’s.
Penn National had offered shareholders approximately $87 a share for the Las Vegas-based entertainment conglomerate, according to published reports.
The deal would follow Harrah’s acquisition of Caesar’s Entertainment for $9.4 billion in cash and stock last year. That deal made Harrah’s the largest U.S. casino operator.
Report by David Wilkening
David
Have your say Cancel reply
Subscribe/Login to Travel Mole Newsletter
Travel Mole Newsletter is a subscriber only travel trade news publication. If you are receiving this message, simply enter your email address to sign in or register if you are not. In order to display the B2B travel content that meets your business needs, we need to know who are and what are your business needs. ITR is free to our subscribers.

































Higher departure tax and visa cost, e-arrival card: Japan unleashes the fiscal weapon against tourists
Euromonitor International unveils world’s top 100 city destinations for 2025
U.S.A. and Israel attacks on Iran impact air movements in the Gulf (Update 1.00pm CET)
Global tourism exceeds 1.5 billion travelers announces UN-Tourism
WTTC global tourism reached record economic impact of 11 trillion in 2025