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Old 12-20-2006, 09:40 AM
eurobounce
 
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Quote:
Originally Posted by philcski
They will "shed the fat". Debt will be repackaged and part of the refi will likely require the divestiture of non-core assets (such as La. Downs.)

The first property to go will likely be the Rio, according to analysts.
I thought they said that there werent any plans to sell any properties???? But I would think after a couple of year they will start to sell the "property."
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