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BUSINESS BRIEFS.(TO THE POINT)
REGULATION
SEC fines former Invesco execs
The fund firm's former chief investment officer and a former national sales manager were each ordered to pay $150,00 in penalties, and a former assistant VP of sales was ordered to pay $40,000, to settle allegations that they allowed clients to use funds for market-timing. Invesco joins more than a dozen other firms in the $7 bil mutual fund industry's trading scandal.
GAMING
Investors to buy out four casinos
A group of investors led by Colony Capital is close to inking a deal to buy hotel and casino properties, including the Atlantic City Hilton, from merger partners Harrah's Entertainment and ...
- Harrah's East Chicago casino is sold to Colony Capital.
- Newspaper article from: Times (Munster, IN) September 28, 2004 700+ words
...28--An affiliate of Colony Capital LLC is buying Harrah's East Chicago casino and three other...said Monday. Harrah's East Chicago and Harrah's Tunica...Hammond, Harrah's in East Chicago and Caesars in the southern...
- Harrah's Entertainment and Caesars Entertainment signed a definitive agreement...
- Magazine article from: Hotel & Motel Management Simon, Elaine November 15, 2004 700+ words
...signed a definitive agreement to sell Harrah's East Chicago (Ind.), Harrah's Tunica (Miss.), the...Hilton and Bally's Tunica to an affiliate of Colony Capital for about $1.24 billion. The sales are in connection...
- Harrah's, Caesars Sign Agreement to Sell Four Casinos to Colony Capital.
- Press release article from: PR Newswire September 27, 2004 700+ words
...sell Harrah's East Chicago, Harrah's...affiliate of Colony Capital, LLC. (Logo...of Harrah's East Chicago and Harrah...The Tunica and East Chicago properties will...chairman and CEO of Colony Capital. "Both Harrah...
- Harrah's, Caesars Complete Sale of Four Casinos to Colony Capital.
- Press release article from: Business Wire April 26, 2005 700+ words
...completed the sale of Harrah's East Chicago, Harrah's Tunica, Atlantic...Tunica to an affiliate of Colony Capital, LLC. The Colony affiliate...and www.caesars.com. Colony Capital, LLC is a private, international...companies. Since 1991, Colony Capital has invested more ...
- East Chicago, Ind., casino is on the market.
- Newspaper article from: Knight Ridder/Tribune Business News September 1, 2004 700+ words
...News Sep. 1--EAST CHICAGO, Ind. -- News that Colony Capital LLC is in preliminarily...buy Harrah's East Chicago casino came as...include Harrah's in East Chicago and Tunica, Miss...confirmed -- that Colony Capital has signed an agreement...
- Two bidders eye Tropicanas' owner: Colony Capital's recent offer topped...
- Newspaper article from: Philadelphia Inquirer (Philadelphia, PA) April 1, 2006 700+ words
...Suzette Parmley Apr. 1--Pinnacle Entertainment Inc. and Colony Capital L.L.C. may be in a bidding war over Aztar Corp., owner...controlled by Thomas J. Barrack Jr., bought Harrah's East Chicago, Harrah's Tunica, Atlantic City Hilton and Bally's...
- Harrah's in East Chicago is no more, as new owners man ship.
- Newspaper article from: Times (Munster, IN) April 26, 2005 700+ words
...Erler Apr. 26--EAST CHICAGO -- The newly named...riverboat parked on East Chicago's lakefront is being...deal to Resorts owner Colony Capital LLC, a Los Angeles...along with the East Chicago riverboat, to comply...
- Ameristar Casinos' Acquisition of Resorts East Chicago Receives Indiana Gaming...
- Press release article from: PR Newswire September 13, 2007 700+ words
...commercial gaming market. East Chicago, Indiana, is part...marketing approaches at East Chicago that have been successful...and operates Resorts East Chicago from Resorts International...is an affiliate of Colony Capital and its partner, Nicholas...