Caesars And Eldorado Resorts: Two Is Better Than One - Stock Market News & Financial Analysis -BoardProspects

Caesars And Eldorado Resorts: Two Is Better Than One

Stock Market News & Financial Analysis Mar 25 2019 BoardNews

There are reports that casino operators Eldorado Resorts ( ERI ) and Caesars Entertainment ( CZR ) are under initial discussions to explore merger possibilities. Noted activist investor Carl Icahn & Co. has increased his stake in CZR and is currently pushing for the sale of the company. CZR has provided limited financial information to ERI to commence the due diligence process...
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Topics Mentioned
- Nasdaq
- acquisition
- AMP
- Activist Investors
- Carl Icahn
- Sale
- due diligence
- MGM
- Caesars
- Caesars Entertainment Corporation
- Investment
- bankruptcy
- Merger
- stake
- shareholder value
Authors
- Jp Research