|
|
Article: Canadian-Based Larco Investments to Buy Bankrupt Las Vegas Hotel-Casino.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- November 20, 2001
|
Copyright informationCOPYRIGHT 2001 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
By Jeff Simpson, Las Vegas Review-Journal Knight Ridder/Tribune Business News
Nov. 20--Hundreds of workers at the Regent Las Vegas have lost their jobs in recent days, clearing the way for today's scheduled sale of the bankrupt Summerlin hotel-casino to a Canadian company.
Hotspur Resorts is set to assume control of the 541-room gaming property at midnight and is expected within a few weeks to replace the Regent brand with the upscale JW Marriott label.
The layoffs were a condition of the $80 million purchase by Hotspur parent Larco Investments, a Vancouver, British Columbia-based company, which owns hotels and a shopping mall in Canada.
...
Related newspaper, magazine, and journal articles:
|