Las Vegas Sun

March 28, 2024

Caesars ‘optimistic’ on deal with bankrupt unit’s creditors

Exteriors of Caesars Palace 2015

One of the many sculptured angels is shown at Caesars Palace on Wednesday, Aug. 5, 2015.

Caesars Entertainment Corp (CZR.O) is "optimistic" of finally reaching a $5 billion agreement with creditors to push its main operating unit out of a long and costly bankruptcy, the Las Vegas-based casino group said in a statement on Monday.

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