This is all just shell games. Caesars needs to do something about its debt but it's going about it in the wrong way. This is just shifting debt from one balance sheet to another, there's no net gain here. Operationally, Caesars stinks, they hemorrhage money from one operational quarter to the next - selling within its own subsidiaries doesn't do anything effective.
On Mon, Mar 3, 2014 at 8:30 AM, vpFREE3355 <vpfree3355@gmail.com> wrote:
LVRJ: Caesars sells 4 properties to subsidiary
http://www.reviewjournal.com/business/caesars-sells-4-properties-including-3-las-vegas-strip-subsidiary
or
http://tinyurl.com/o5jyke9
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