Caesar's Entertainment (NASDAQ:CZR) announces it will form Caesars Growth Partners, a joint...

Caesar's Entertainment (NASDAQ:CZR) announces it will form Caesars Growth Partners, a joint venture between it, participating shareholders, and some fresh partners. The new venture is designed to help fund new growth opportunities and will include close to $500M in funding from Apollo Management and TPG. CZR +12.2% premarket to $14.01.