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Archive for December 13th, 2006
Wednesday, December 13, 2006 No deal yet … By Ian Mylchreest The big board meeting to decide the fate of Harrah's drags on into a second day, reports the Associated Press. The special committee, which includes everyone except the boss, Dr. Loveman, will continue meeting for a second day at the company's law offices in New York.
Our fellow scribe Jeff Simpson first tipped us off to [...]
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Wednesday, December 13, 2006 Riviera bid fizzles By David McKee It looks like it's going to take an above-market-value bid to snare Riviera Holdings. Shareholders drop-kicked a $17/share offer when the stock was trading at $20. Today comes the news that $21/share isn't going to do it either, spelling finis to a takeover plan that paired developer Ian Bruce Eichner with D.E. Shaw Group. The [...]
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Wednesday, December 13, 2006 Case bets for a Wednesday night By David McKee It's the Seminoles' world, we just live in it. That's more less the conclusion of The Motley Fool's Jeff Hwang, one of the best gaming-sector commentators out there. He notes that tribal casinos have doubled their revenues since 2006 (much as upstart Mohegan Sun has reached Foxwoods-like proportions over the same time span). Hwang notes [...]
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Wednesday, December 13, 2006 The transition is over! By Steve Sebelius Forgive us readers. We thought Gov.-elect Jim Gibbons' transition teaming was complete, and that there would be no more teams. We were mistaken. It was announced today that an "at-large" transition team had been appointed to give Gibbons "advise and counsel on a wide variety of subjects."
The team includes some very distinguished people indeed, [...]
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Wednesday, December 13, 2006 Not that there's nothing wrong with it… By Mike Prevatt I stumbled upon an intriguing news report recently. Don Kaplan of the New York Post writes:
THE K-K-Kramer scandal murdered Michael Richards' career - but it's doing wonders for sales of the latest "Seinfeld" DVD.
Season 7 of the popular sitcom is outselling the Season 6 set (released on the same day last year) by [...]
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Wednesday, December 13, 2006 Wednesday Quick Hits By Steve Sebelius Our hearty congratulations to the Pahrump Town Board, for rejecting a Nazi-era ordinance that would have required all illegal immigrants to register with the town, pay a $200 fee and list all their relatives living in Nevada. The ordinance, by town board member Michael Miraglia, was voted down 2-2.
Even better comes signs that the [...]
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Wednesday, December 13, 2006 Government revises rules for corporate prosecutions By Ian Mylchreest Working at the usual speed of government, the Justice Department has finally revised its rules on when to play extra tough with corporate criminals, reports the New York Times. You'll remember that in the dim, distant past the government caught a lot of flak for actually indicting Arthur Andersen. It was one of the Big [...]
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Wednesday, December 13, 2006 Gift cards for everyone on your list By Ian Mylchreest There's no business too off-beat to be offering gift cards, reports USA Today. Everyone, including strip clubs and tattoo parlors are getting into the act.
Scores, for example, is offering the plastic money in denominations of $50, $100 and $500. That last one will get a lot of lap dances but a club manager says [...]
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