Firm News

Julie Cohen
Director of Marketing and Communications
212.701.3614
jcohen@cahill.com

Seminole Tribe of Florida to Acquire Hard Rock Cafe and Assets

Date: 12/07/06

The Seminole Tribe of Florida today announced that it will purchase the Hard Rock business from the Rank Group plc for a total purchase price of $965 million. The deal includes the company’s 124 Hard Rock Cafes, four hotels, two casinos and concert venues, as well as stakes in three unbranded hotels.

Cahill Gordon & Reindel LLP is representing Merrill Lynch as Sole Lead Arranger and Initial Purchaser in a related bond financing of $500 million to fund the acquisition.

Julie Cohen
Director of Marketing and Communications
212.701.3614
jcohen@cahill.com