Caesar's Reject Tillman's Merger Proposal Over Debt Fear

We need a 10 game win streak to improve confidence.

 

Selling off my Caesar’s stock.

 

Back to eating at Landry's..

 

Bye bye Jimmy

 

Going to Saltgrass for dinner.

 

Damn it. We need revenue for the Repeater Luxury Tax.

 

Carl's trolling genius needs to be recognized at some point. Maybe an award is in order?

 

Do not lose confidence in one particular piece.

 

Messy Bankruptcy
News of Fertitta’s approach sent Caesar’s shares soaring 18 percent in just two days. But according to NYP sources this weekend, the consensus on the Caesars board is that the proposal would saddle the group with too much debt.

The company has only just emerged from bankruptcy, which allowed it to shave its 18 billion debt load down to $9 billion through chapter 11 reorganization — a protracted, expensive, and often acrimonious process, as the group painfully negotiated cash and equity deals with its creditors.

 

I would but I don't think he'd notice since I never go to his overwhelmingly mediocre restaurants anyway. It is kind of ironic that this city that has gained so much national level prestige for its great food in recent years, and Tilman, owner of many local restaurants, is responsible for zero of Houston's newfound prestige. If anything, he's argument against it.

 

Houston hates his food. But the people in the suburbs love it.

 

This week on "Billion Dollar Buyer":

Tillman hosts struggling restaurant owner Tillman Fertita, who has bit off more than he can chew! Will his extreme ambition be his undoing?!

The over-extended Tillman hopes Tillman can make him an offer to ease some of his self-induced burden. Can Tillman be Tillman's savior? Only Tillman knows on this week's "Billion Dollar Buyer!"

 

Welp.......

 

Now, I am not saying i am a gold digger
But i am not merging with no broke .....

 

Didn't people warn about him not having the real cash to pull this off when he bought the Rockets? I think there was concern that most of his money was tied up and he would be cash poor.

 

Would have been a grand coup.

 

He has 15 restaurants inside the loop+uptown.

 

Absolutely. People come in from Katy all dressed up. Think they're doing something cool. Think they're LIVING.