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LVRJ: Caesars sells 4 properties to subsidiary

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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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.

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On Mon, Mar 3, 2014 at 8:30 AM, vpFREE3355 <vpfree3…@…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


This link is posted for informational purposes
and doesn’t constitute an endorsement or approval
of the linked article’s content by vpFREE. Any
discussion of the article must be done in
accordance with vpFREE’s rules and policies.


One of the comments below this article sums it up best:

      A better headline would be "Caesars Rearranges the Deck Chairs on the Titanic."

Fred*

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-----Original Message-----

From: vpFREE3355 <vpfree3…@…com>

To: vpFREE <vpF…@…com>

Sent: Mon, Mar 3, 2014 11:31 am

Subject: [vpFREE] LVRJ: Caesars sells 4 properties to subsidiary

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


This link is posted for informational purposes

and doesn’t constitute an endorsement or approval

of the linked article’s content by vpFREE. Any

discussion of the article must be done in

accordance with vpFREE’s rules and policies.