Eldorado Resorts said to buy fellow casino company Caesars in US$18b deal

Published: 24/06/2019
Eldorado Resorts said to buy fellow casino company Caesars in US$18b deal
Source: WWW.STRAITSTIMES.COM

June 24, 2019 1:24 PM LOS ANGELES (BLOOMBERG) - Eldorado Resorts Inc has agreed to buy Caesars Entertainment Corp for about US$8.7 billion in cash and stock, according to a person familiar with the situation. Including assumed Caesars debt, the deal for the US gaming hotel and casino company would be valued at about US$18 billion (S$24.38 billion).

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