Park Place Entertainment, which owns Caesar's, Bally's and theHilton in Atlantic City, is the leading contender for the property.But adding to the list of suitors, the NJ Casino Control Commissionhas agreed to allow the owners of the nearby Sands Hotel &Casino, along with a group of current Claridge bondholders, tocomment on the economic impact of a sale to Park Place, and verylikely to make an offer of their own.
The Sands, incidentally, was itself acquired by billionaire CarlIcahn recently.
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