From: jeffrey epstein leevacation@gmail.com>
To: Lesley Groff
Subject: Fwd:
Date: Tue, 14 Feb 2012 00:31:55 +0000
Remind me with Leon
Sony for all the typos .Sent from my iPhone
Begin forwarded message:
From: "Nicholas L.Ribis"
Date: February 13, 2012 2:26:23 PM EST
To: "Jeffrey Epstein" <jeevacation@gmail.cotn>
Jeffrey — recent public reports indicated that Caesars intends to auction 10 or more of their smaller regional casinos to
focus on larger jurisdiction casinos, foreign properties and substantial debt reduction — my idea is to have Caesars spin
off the properties to a company controlled by me for a higher purchase price by allocating a substantial amount of
Caesar current debt( thereby reducing Caesars overall debt load ) and having a higher multiple on ebitda from those
casinos than Caesars would achieve in an auction process —this would allow Caesars to quickly announce a sale of these
properties at a very high price to a licensed entity without having licensing or financial outs in contract to sell the
properties—I thought this was an interesting idea for Leon what do u think — call me -- Nick
EFTA00420003