Harrah's pulls listing after price concerns - Financial Times

Friday, 19 November 2010 18:05 administrator
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Harrah’s, the US casino company controlled by the private equity firms Apollo and TPG, pulled its initial public offer after investors balked at paying about $15 a share, people familiar with the matter said.

Friday’s announcement came only a day after the

successful listing of General Motors and contrasted with the recent positive reception given to other private equity-related deals in the debt and stock markets.

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