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Shareholders clear Caesars-Eldorado merger - Land.Net News

Shareholders of Eldorado Resorts (NASDAQ:ERI) and Caesars Entertainment (NASDAQ:CZR) have approved an $8.58B cash-and-stock merger that would create the biggest casino operator in the U.S.

The deal comes after activist investor Carl Icahn acquired a stake Caesars earlier this year and pushed for the sale.

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