Caesar’s Palace stands in Las Vegas, Nevada, U.S. (Photographer: Jacob Kepler/Bloomberg)

Eldorado Agrees to Buy Caesars for About $8.7 Billion

Jun 23 2019, 8:44 PMJun 24 2019, 5:35 AMJune 23 2019, 8:44 PMJune 24 2019, 5:35 AM

(Bloomberg) -- Eldorado Resorts Inc. agreed to buy Caesars Entertainment Corp. for about $8.7 billion in cash and stock, according to a person familiar with the situation.