To: jeevacation©gmail.com[jeevacation@gmail.com]: jeffrey epsteinlieeyacation©gmaitcomj
From:
Sent: Tue 2/14/2012 12:37:43 PM
Subject: Re: Fwd:
Will remind you Friday morning before Icon comes to breakfast.
Sent from my iPhonc
On Feb 13, 2012, at 7:31 PM, jeffrcy cpstcin <jecvacation@gmail,com> wrote:
Remind me with Leon
Sorry for all the typos .Sent from my iPhone
Begin forwarded message:
From: "Nicholas L.Ribis" <Nicholas.Ribis@ResortsINT com>
Date: February 13, 2012 2:26:23 PM EST
To: "Jeffrey Epstein" <jcevacation@gmail.com>
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
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