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StumbleHarrah’s and Caesars complete casino sales
Tuesday, April 26, 2005 | 11:07 a.m.
Harrah's Entertainment Inc. and Caesars Entertainment Inc. today completed the sale of four casinos to an affiliate of Colony Capital LLC for $1.24 billion.
The companies sold Harrah's East Chicago, Harrah's Tunica, the Atlantic City Hilton and Bally's Tunica in a deal related to Harrah's pending $9.4 billion acquisition of Caesars. The sales weren't required to close the deal, the companies said.
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