Seeking Alpha

Caesars Entertainment announces asset sales

  • Caesars Entertainment (CZR) will sell a group of casino assets to Caesars Growth Partners (CACQ) for $2.2B.
  • Bally's Las Vegas, The Cromwell, and The Quad and Harrah's New Orleans will all change hands pending regulatory approval.
  • The sales are part of an effort by Caesars to restructure its Caesars Entertainment Operating Company subsidiary.
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