Caesars Entertainment Being Acquired By Eldorado Resorts In 173b Deal

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TL;DR

Eldorado is now positioned to take over several Caesars Strip properties. In Las Vegas Planet Hollywood Resort and the Rio. That could result in additional visitation for Las Vegas when current Eldorado customers move over to Caesars Rewards and have opportunities to find deals and discounts in Las Vegas. As a combined company Caesars and Eldorado will be Americas pre eminent gaming company. 3 billion when including the assumption of debt. 68The pharmaceutical company said it would divest a blockbuster psoriasis treatment as part of its proposed buyout of Celgene. 93The restaurant company is being bought by private equity firm L Catteron for $650 million. 03The chipmaker gained ground as investors keep a hopeful eye on upcoming U. 73The financial company and others gained ground following solid results from a recent round of stress tests by the Federal Reserve. MGM Resorts International up 22 cents to $27

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