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Hard Rock Denies Being Part of Proposal to Acquire Star Entertainment

By Dan Katz - May 22nd

Australian casino company Star Entertainment has seen its stock price go on a roller coaster ride the last couple days, as rumors of a takeover have swirled. And the latest is not good. On Monday, Star said that it was involved in “non-substantive discussions” with a consortium led by Hard Rock Hotels & Resorts (Pacific)… Read more »

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Hard Rock Pursuing Acquisition of Star Entertainment

By Dan Katz - May 20th

Markets react positively A consortium led by Hard Rock Hotels & Resorts (Pacific) has expressed interest in acquiring struggling Australian casino company Star Entertainment. According to Australian Financial Review, Star’s Board of Directors has received the group’s proposal, though no official offer announcement has been made. Hard Rock would rebrand Star and separate the casinos… Read more »

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