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BUSINESS
October 19, 1999 | Jeff Leeds
U.S. officials suspended trading of Las Vegas Entertainment, a Los Angeles-based gaming firm that reported no annual revenue but offered to buy Jackpot Enterprises Inc. for $95 million. Las Vegas Entertainment, whose shares trade over the counter, had told the Securities and Exchange Commission it would finance the purchase with $190 million it would receive from the sale of 12.2 million new shares.
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BUSINESS
October 26, 1993
Winners Entertainment Inc. said Monday it has canceled its proposed merger plans with Las Vegas Entertainment Network Inc. of Marina del Rey. In response, Las Vegas Entertainment said it will try to force the merger on Winners and "will pursue all of its legal remedies . . . including injunctive relief." Irvine-based Winners Entertainment, formerly Excalibur Holdings Corp.
BUSINESS
October 19, 1999 | Jeff Leeds
U.S. officials suspended trading of Las Vegas Entertainment, a Los Angeles-based gaming firm that reported no annual revenue but offered to buy Jackpot Enterprises Inc. for $95 million. Las Vegas Entertainment, whose shares trade over the counter, had told the Securities and Exchange Commission it would finance the purchase with $190 million it would receive from the sale of 12.2 million new shares.
BUSINESS
August 18, 1993 | From Staff and Wire Reports
Excalibur Holding Corp. said Tuesday that it has agreed to buy Las Vegas Entertainment Network Inc., a gaming and video production firm, for about $156 million. Under the agreement, Excalibur will pay $12 apiece for the estimated 12.5 million outstanding shares of Las Vegas Entertainment Network. Excalibur, an investor group based in Irvine, recently purchased Mountaineer Park, a harness horse racing track in Chester, W.Va., for $6.7 million.
BUSINESS
February 6, 1997 | Times Staff and Wire Reports
International Thoroughbred Breeders Inc. and Las Vegas Entertainment Network Inc. said they will proceed with plans to build a new casino-hotel on the Las Vegas Strip after settling a dispute over the project. The project, expected to open in the first quarter of 1998, will have a country and western theme and be called CountryLand USA. Details about the facility's size, cost and financing weren't available.
BUSINESS
October 26, 1993
Winners Entertainment Inc. said Monday it has canceled its proposed merger plans with Las Vegas Entertainment Network Inc. of Marina del Rey. In response, Las Vegas Entertainment said it will try to force the merger on Winners and "will pursue all of its legal remedies . . . including injunctive relief." Irvine-based Winners Entertainment, formerly Excalibur Holdings Corp.
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