MarCor Resorts Reports $33 Million Exchange Offering With Rio Partners

MarCor Resorts, Inc. (MAAR/NASDAQ) announced Thursday that to date 55.6 percent of the limited partnership interests in MarCor Resorts, L.P. V, the limited partnership which owns and operates the Rio Suite Hotel & Casino in Las Vegas and owns 125 acres in nearby Henderson, NV, had been tendered...

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Bibliographic Details
Published inBusiness Wire p. 1
Main Author Wilcox, James R
Format Newsletter
LanguageEnglish
Published New York Business Wire 05.07.1990
Subjects
Corporate planning
Limited partnerships
Mountain
Resorts
Stock offerings
Stocks
NV
US
Las Vegas
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Summary:MarCor Resorts, Inc. (MAAR/NASDAQ) announced Thursday that to date 55.6 percent of the limited partnership interests in MarCor Resorts, L.P. V, the limited partnership which owns and operates the Rio Suite Hotel & Casino in Las Vegas and owns 125 acres in nearby Henderson, NV, had been tendered to it pursuant to the exchange offering made by MarCor. The exchange offering, which originally expired on June 29, 1990, has been extended for two weeks and will now expire at midnight on Monday, July 16, 1990. (excerpt)