Shareholders clear Caesars-Eldorado merger - Land.Net News
Shareholders of Eldorado Resorts (NASDAQ:ERI) and Caesars Entertainment (NASDAQ:CZR) have approved an $8.58B cash-and-stock merger that would create the biggest casino operator in the U.S.
The deal comes after activist investor Carl Icahn acquired a stake Caesars earlier this year and pushed for the sale.
Source: https://seekingalpha.com/news/3519971-shareholders-clear-caesars-eldorado-merger