6/12/2009 10:51 AM
Duckie wrote:
It was the banks that caused this bankruptcy. The company had all the funding and then the banks thought they would not pay and then pulled the proverbial rug out from under them. Fricken banks!!!!! Reply to this
6/15/2009 11:38 AM
Dkawai wrote:
Wipe out the bonds and equitize a portion of the bank debt. Allows the Company to finish up the build and be ready for the Vegas recovery without being saddled by so much debt Reply to this
10/5/2009 8:29 AM
Bryon wrote:
Here is the latest from our side of the country:
Penn National Gaming reportedly is in talks to acquire the bankrupt Fontainebleau project although analysts Friday were skeptical that the regional casino giant would complete a deal for the stalled Strip resort.
Pennsylvania-based Penn National, which operates casinos and race tracks in smaller markets, has openly said in the past year that it was interested in acquiring a Strip resort. The company has been linked to numerous properties, including hotel-casinos operated by MGM Mirage and Harrah’s Entertainment. Reply to this
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It was the banks that caused this bankruptcy. The company had all the funding and then the banks thought they would not pay and then pulled the proverbial rug out from under them. Fricken banks!!!!!
Reply to this
Wipe out the bonds and equitize a portion of the bank debt. Allows the Company to finish up the build and be ready for the Vegas recovery without being saddled by so much debt
Reply to this
Here is the latest from our side of the country:
Penn National Gaming reportedly is in talks to acquire the bankrupt Fontainebleau project although analysts Friday were skeptical that the regional casino giant would complete a deal for the stalled Strip resort.
Pennsylvania-based Penn National, which operates casinos and race tracks in smaller markets, has openly said in the past year that it was interested in acquiring a Strip resort. The company has been linked to numerous properties, including hotel-casinos operated by MGM Mirage and Harrah’s Entertainment.
Reply to this