Buyout Buzzings Have Caesars' Bells RingingBy
Gaming stocks have been hot so far this year, but Caesars World hasn't participated much in the group's surge. The stock, which traded as high as 40 a share in March, is down to 32. Of late, however, Caesars has been catching renewed attention. The betting is that Caesars is again a buyout target. It was the object of a takeover bid in 1987 by a group led by investor Martin Sosnoff. That was foiled by an aggressive financial restructuring by management.
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