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Privatizing Harrah's

Monday, 18 Dec 2006 | 2:30 PM ET

Harrah's Entertainment, the world's largest casino company, has tentatively agreed to a $16.7B buyout offer from two private equity groups, according to CNBC's David Faber. David Katz, CIBC World Markets Analyst, and CNBC's Erin Burnett discuss the privatization of gaming stocks.