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Caesars reportedly rejecting merger offer

Posted: 7:29 AM, Oct 22, 2018
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.