Quotations
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Jason Ader Quotes
«The gaming commission would look long and hard. We think it would be hard to get licensed.»
Author: Jason Ader
«Right now, I think Hilton has clearly put a wrench in the process by offering $70 per share.»
Author: Jason Ader
«We definitely expected more consolidation in the industry, although it is always hard to imagine a deal of this magnitude. Mirage's management has underperformed and the stock has languished recently, making it a great opportunity for MGM Grand. But this will have to be a friendly deal if it has a shot of working.»
Author: Jason Ader
«I wouldn't be surprised if we are talking about an offer from Harrah's on Monday. The real question is, who can get the most synergies out of Mirage's business? I still believe MGM is the best match.»
Author: Jason Ader
«MGM is very deliberate. They are not going to do a deal that isn't immediately accretive to earnings per share. Harrah's, on the other hand, has done deals that aren't accretive.»
Author: Jason Ader
«The hotel business is on fire. I mean, you look at every major city, and the Four Seasons continues to widen its gap over Ritz-Carlton and other premium brands that are out there. But the reality is, you know, the stock is trading at a huge valuation multiple, over 20 times cash flow.»
Author: Jason Ader
«We believe management continues to explore strategic alternatives, including potential acquisitions and joint venture opportunities, and as a result, we expect WMS to participate in the consolidation of the equipment industry over the next 12 months.»
Author: Jason Ader
«We're all looking at Disney's numbers and particularly what they said about weakness in the current quarter and it's got the investment community spooked about a decline in demand overall.»
Author: Jason Ader
«They believe in their heart of hearts that their comprehensive plan is going to do more than Hilton's $70 per share.»
Author: Jason Ader
«It's a very exciting deal that's good for Mirage's shareholders. This will change the face of the gaming industry.»
Author: Jason Ader