vpFREE2 Forums

Ramada Ownership

In a message dated 6/16/06 6:04:53 PM US Mountain Standard Time,
zzyzx@commspeed.net writes:

···

While devouring my steak & eggs at the Pioneer CLub this AM I overheard
a nearby converstation that the Ramada was now in the hands of Columbia
Sussex Corp. As this was simply an overheard conversation (and only
parts did I hear) some independent confirmation is in order.

*****
You missed the bidding war that lasted six weeks? Columbia-Sussex got Aztar
for $3 zillion. They outbid Pinnacle, who was the original buyer. Resorts
made an offer then several back and forth offers.

So C-S got the Tropicanas (LV and AC), Ramada and a couple of others in the
midwest. It will be interesting to see if they keep RE. Heck Harrahs didn't
want the Flamingo.

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