You're clearly wrong on this. Have you not seen their recent quarterly reports? They continue to hemorrhage money - operationally (day-to-day, month-to-month), they stink as a company and that has very little to do with events of, what?, 5 years ago?
On Sun, Apr 6, 2014 at 7:37 PM, <vpbp2002@yahoo.com> wrote:
They got to be $23B in debt not because of their casino management but because of their ill-timed LBO and previous HET stockholders profited enormously. That they haven't been able to manage that debt is all about current management and it's failures. HET changed it's name to CET, but deep down it's still the same old Holiday Inn casino group, just headquartered in Vegas instead of Memphis. Circus Circus became Mandalay Resort Group but deep down it was still Circus Circus.
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