The main operating unit of Caesars Entertainment Corp. said Friday that it plans to file for Chapter 11 bankruptcy protection in January to slash its debt by more than half.
The proposed transactions will
reduce Caesars Entertainment Operating Co.’s debt to $8.6 billion from
about $18.4 billion, executives said.
http://www.pressofatlanticcity.com/business/caesars-to-file-for-chapter-bankruptcy-protection/article_ce14f1d6-87e1-11e4-8243-1f5ca5b28f55.html
http://www.pressofatlanticcity.com/business/caesars-to-file-for-chapter-bankruptcy-protection/article_ce14f1d6-87e1-11e4-8243-1f5ca5b28f55.html
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