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Sands Receiving Funding
Venetian, Palazzo Say They Will Raise More Than $2B
POSTED: 9:17 pm PST November 10,
2008
UPDATED: 9:46 pm PST November 10,
2008
LAS VEGAS -- The Las Vegas Sands Corp. is receiving a kick start in funds.The owners of the Venetian and Palazzo announced they have agreements to raise more than $2 billion in new capital.It includes new funding from Chief Executive Sheldon Adelson.Last week, the company warned it was in danger of defaulting on its debt.
Previous Stories:
- November 7, 2008: Sands Gets New CFO
- November 6, 2008: Sands May Face Bankruptcy
- November 3, 2008: Analyst Keeps Sands As Top Stock Pick
- May 22, 2008: 40 Wounded Soldiers Get VIP Treatment
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