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December 18, 2015

Adelson family confirms ownership of Las Vegas newspaper; Uniqlo Operator Fast Retailing closes $2 billion bond market debut; and Indian family business Mahindra purchases Pininfarina

Adelson family confirms ownership of Las Vegas newspaper

Billionaire casino mogul Sheldon Adelson has been revealed as the new owner of The Las Vegas Review-Journal.

The 82-year-old purchased the newspaper for $140 million but has been met with widespread criticism for a lack of transparency after keeping the acquisition secret.

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