International edition
November 23, 2017 | Edition Nº3368

Critical step to concluding restructuring of Caesars Entertainment Operating Company

Proposed merger of Caesars Entertainment and Caesars Acquisition gets thumbs up

Proposed merger of Caesars Entertainment and Caesars Acquisition gets thumbs up
Caesars Entertainment Corporation announced that the Maryland Lottery and Gaming Control Commission has approved its proposed merger with Caesars Acquisition Company.
United States | 03/20/2017

Caesars Entertainment Corporation announced that the Maryland Lottery and Gaming Control Commission has approved its proposed merger with Caesars Acquisition Company.

C

ompletion of the merger is a critical step to concluding the restructuring of Caesars Entertainment Operating Company ("CEOC").

Caesars Entertainment and Caesars Acquisition continue to engage with their respective regulators in jurisdictions where approvals are required for the merger and other aspects of CEOC's restructuring. In addition to regulatory approvals, the merger is subject to approval by stockholders of both companies and other customary closing conditions, and CEOC's restructuring is subject to the completion of the merger, certain financing activities, continuing oversight by the United States Bankruptcy Court, and other customary closing conditions.

What is your opinion about this article?
  • I like it
    %
    0 votos
  • I don't like it
    %
    0 votos
  • I have not thought about it
    %
    0 votos
Leave your comment
Newsletter Subscription
Subscribe to receive the latest news and updates
Thank you for registering to our newsletter.
Most popular
Follow us on Facebook