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Eldorado Resorts Buys Caesars For $17.3 Billion

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Caesars Palace and other famous casinos will now be owned by Eldorado Resorts, in a deal the two companies announced on Monday. Here, Caesars Palace is seen hosting a food tasting event in Las Vegas last month.

To acquire the venerable Caesars name and properties, Eldorado will part with $7.2 billion in cash and around 77 million in stock shares.

(Image credit: Ethan Miller/Getty Images for Vegas Uncork'd )


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