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May 28, 2012

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Hard Rock to buy $28 mil. in stock

Wednesday, Aug. 25, 1999 | 11:44 a.m.

Hard Rock Hotel Inc., owner of the Hard Rock hotel-casino in Las Vegas, said it will issue $28 million of capital stock to Chairman and Chief Executive Peter Morton.

The company will use the money for general corporate purposes and to pay off debt.

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