Eldorado Resorts has agreed to purchase its much-larger rival, Caesars Entertainment. The overall cash-and-stock deal is valued at $17.3 billion. The acquisition includes Caesars’ debt. Eldorado will acquire all of Caesars’ outstanding shares for $12.75 each, a 29% premium of its closing price last Friday. This consists of $8.40 a share in cash consideration as […]
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