Caesars Had Several Suitors Before Accepting Eldorado Bid

Before Caesars Entertainment entered into a merger agreement with Eldorado Resorts on June 24, several unnamed companies expressed an interest in acquiring all or part of Caesars, according to a regulatory filing.

According to an S-4 registration statement filed with the U.S. Securities and Exchange Commission last week, none of those offers matched Eldorado’s cash, stock and debt offer worth more than $17bn.

The newly combined company will be known as Caesars and will have 60 casinos in Las Vegas, Atlantic City and 14 other states, making it the largest gaming company in the U.S.

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