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Originally Posted by Scav
If you listened to Churchill's Quarterly report, supposedly they are in a position to grow and their last couple of quarters have been strong. But it was very salesly, like all quarterly reports
I doubt the SEC would allow them to buy up Magna though as they would be a major stronghold on the industry.
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SEC doesn't make decisions on antitrust cases (no, not OUR antitrust)... Justice Dept does. SEC regulates securities and exchanges. I wouldn't think the Justice Dept would oppose a merger here with the stipulation of the furlough of "less-essential" properties as there would still be enough competitors in the marketplace.
Harrah's-Caesars merger would be a comparable case.