	sosnoff has small number of caesars caw shares martin t sosnoff said his mts uisition corp to date has received only a negligible number of caesars world inc shares in response to its dlr per share tender offer for all shares sosnoff also said he has held preliminary talks with pratt hotel corp prat and southmark corp sm on forming a joint venture to enter into talks to uire caesars in a friendly transaction in which sosnoff would have a pct interest and pratt and southmark the remainder sosnoff said the talks with pratt and southmark are not being actively pursued at the presentand may or may not be continued in the future he said there could be no assurance that a joint venture would be formed or that caesars would agreed to talks several preliminary contacts with representatives of caesars have not resulted in any indication that it wishes to enter into such negotiations sosnoff said he said based on talks with staff members of gaming authorities there can be no assurance that the necessary regulatory review of its bid for caesars world can be completed by the original april three expiration date sosnoff said it has extended the tender until may the bid remains subject to regulatory approvals and the arrangement of financing pratt which owns the sands hotel and casino in atlantic city n j where caesars operates the boardwalk regency hotel and casino recently waged an apparently unsuccessful campaign to uire control of resorts international inc rta against new york developer donald trump southmark owns about pct of pratt hotel caesars world s boasrd has urged rejection of the offer on the grounds that it is inadequate and has said it would investigate alternative transactions sosnoff currently owns about pct of caesars world reuter 
