CZR stock is moving higher in Monday’s trading session as Caesars Entertainment Corporation (NASDAQ:CZR) has agreed to be acquired by Eldorado Resorts Inc (NASDAQ:ERI).
DetailsIn one of the biggest deals in the hospitality and gaming sector, the owner of the iconic Ceasars Palace and other properties, Caesars Entertainment is going to be acquired by Eldorado Resorts in a deal worth $8.58 billion. According to the terms of the deal, Eldorado is going to be paid $12.75 a share, but the deal will be made in both cash and Eldorado stock. The agreed price reflects a ...
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