January 10, 2001
LAS VEGAS (AP) -- Park Place Entertainment Corp. officials say they'll know Monday whether the Las Vegas Hilton
will be sold to a Los Angeles developer.
Park Place said last week a dispute had arisen over a delay in the Hilton sale. Ed Roski Jr., owner of the Silverton
hotel-casino and developer of the $400 million Staples Center, already paid a $20 million deposit for the Hilton.
But Roski must close the deal by Saturday, which means he will have until Monday -- the next business day, Scott
LaPorta, Park Place executive vice president and chief financial officer, said Wednesday. Or, Roski can pay an
additional $5 million to extend the deadline to Feb. 7.
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