Riviera Holdings Corporation Comments On Q4 2008 EBITDA Outlook
November 6, 2008 |
| Riviera Holdings Corporation announced that for fourth quarter of 2008, it expects EBITDA to be down year-over-year by a similar amount as third quarter. |
Riviera Holdings Corporation Announces Appointment Of Phillip B. Simons As CFO-8K
May 14, 2008 |
| Riviera Holdings Corporation announced in its form 8K that effective May 12, 2008, Phillip B. Simons, commenced employment with the Company pursuant to which Mr. Simons will serve as the Company's Chief Financial Officer(CFO) and as the Vice President - Finance, and CFO of the Company's wholly-owned subsidiary, Riviera Operating Corporation. Mr. Simons fills these positions vacated by Mr. Mark Lefever, who left the Company on March 31, 2008. |
Riviera Holdings Corporation Announces Resignation Of Mark Lefever As CFO
March 20, 2008 |
| Riviera Holdings Corporation announced that the resignation of Mark B. Lefever as Chief Financial Officer(CFO) and Executive Vice President of Riviera Holdings Corporation and as President of Riviera Black Hawk effective March 31, 2008. Mr. Lefever has accepted a position as Chief Financial Officer of Fontainebleau Las Vegas LLC. |
Riviera Holdings Corporation Receives $245 Million In Senior Secured Credit Facilities
June 11, 2007 |
| Riviera Holdings Corporation announced that it has obtained $245 million of new senior secured credit facilities, comprised of a $20 million five-year revolving credit facility and a $225 million seven-year term loan. Riviera is using the proceeds of the new term loan to refinance its 11% Senior Secured Notes due June 15, 2010 in the original principal amount of $215 million. Riviera started the 30-day call period to redeem those notes on June 8,2007 The new senior secured revolving credit facility, on which Riviera has not yet drawn, replaces the Company's revolving credit facility that was terminated. |
Riviera Holdings Corporation Announces Receipt of Bid to Acquire Company for $34 per Share in Cash
May 18, 2007 |
| Riviera Holdings Corporation announced that it has received a proposal on May 16, 2007 from the Riv Acquisition investor group to acquire all of the issued and outstanding stock of the Company at a price of $34 per share in cash. The Company is fully evaluating this proposal with its financial advisor, Jefferies & Company, Inc., and its other advisors. |
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