Tag / Bankruptcy

Court approves Caesars bankruptcy plan to emerge in 2017 with $10 billion less debt

In a press relief noted for its brevity compared to the gravity lifted, Caesars Entertainment Corporation (NASDAQ: CZR) has seen its operating company’s bankruptcy reorganization plan finally approved allowing the company to shed some $10 billion in debt and put an end to its $18.4 billion bankruptcy. After approving the plan, U.S. Bankruptcy Judge Benjamin […]

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Caesars Entertainment, Caesars Entertainment Operating Co. Announce Confirmation of CEOC’s Plan of Reorganization

LAS VEGAS, Jan. 17, 2017 /PRNewswire/ — Caesars Entertainment Corporation (NASDAQ: CZR) (“Caesars Entertainment” or the “Company”) and Caesars Entertainment Operating Company, Inc. (“CEOC”) and its Chapter 11 debtor subsidiaries (c…

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