Herbst Gaming extends talks with lenders about $1.2 billion debt
Herbst Gaming and its lenders agreed to extend their talks on a financial restructuring plan covering the company's $1.2 billion debt until Nov. 5, according to a filing with the Securities and Exchange Commission today.
Herbst, a Las Vegas-based casino and slot machine route operator has been seeking a remedy for its financial troubles since last spring. The deadline was Tuesday, but both sides agreed to the extension.
