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Caesars reportedly rejecting merger offer

Posted at 7:29 AM, Oct 22, 2018
and last updated 2018-10-22 10:30:44-04

Caesars has reportedly rejected a deal from the owner of the Golden Nugget, according to the New York Post.

Official word from Caesars Entertainment is expected some time this week.

News of the possible merger sent stocks for Caesars soaring last week. Sources close to Caesars say a deal with Golden Nuggest would have placed them further into debt.