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The funding will also be used to co-finance a new property in Ohio. Harrah’s is co-developing that property with Cleveland, Ohio-based Rock Gaming LLC.
Harrah’s formerly was a publicly traded company, but was taken private in 2008 when it was purchased by Apollo Global Management and TPG Capital LP for $30.7 billion. Those companies will maintain a majority interest in Harrah’s.
Click here to view a copy of the company’s SEC filing.
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