Atlantic City's Revel to file for bankruptcy

02/19/2013 | Press of Atlantic City (N.J.), The

Officials of the Revel casino in Atlantic City said the resort has reached an agreement with its lenders to proceed with Chapter 11 bankruptcy protection filing to reduce its debt. "This restructuring positions Revel for long-term success by providing the company with the operational flexibility to invest in the growth of our business," said Michael Garrity, Revel's chief investment officer.

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Press of Atlantic City (N.J.), The

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