Business
Caesars Entertainment, Inc. Receives HSR Clearance for Proposed Combination with William Hill PLC (the "proposed combination")
RENO, Nev. and LAS VEGAS, Dec. 28, 2020 /PRNewswire/ -- Caesars Entertainment, Inc., (NASDAQ: CZR) ("Caesars," "CZR," "CEI" or "the Company") announces the
About this update from Caesars Entertainment, Inc.
[{"type":"text","content":"RENO, Nev. and LAS VEGAS, Dec. 28, 2020 /PRNewswire/ -- Caesars Entertainment, Inc., (NASDAQ: CZR) (\"Caesars,\" \"CZR,\" \"CEI\" or \"the Company\") announces the early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (\"HSR Act\") relating to the proposed combination with William Hill PLC, effective December 28, 2020. \n\n \n \n \n \n \n \n\n \nThe proposed combination also received approvals from the Mississippi Gaming Commission on November 19, 2020 and the West Virginia Lottery on December 16, 2020. The transaction remains subject to the satisfaction of the remaining conditions, including approval by the Indiana Gaming Commission, Nevada Gaming Control Board, Nevada Gaming Commission, New Jersey Division of Gaming Enforcement and Casino Control Commission, and the Pennsylvania Gaming Control Board. Additionally, the combination requires the English High Court's final approval and administrative and post-closing approvals from other US agencies. \nCaesars continues to progress through obtaining all necessary regulatory approvals required to close the transaction and is still aiming to complete the proposed combination in March 2021. \nAbout Caesars Entertainment, Inc. \nCaesars Entertainment, Inc. is the largest casino-entertainment company in the U.S. and one of the world's most diversified casino-entertainment providers. Since its beginning in Reno, Nevada, in 1937, Caesars Entertainment, Inc. has grown through development of new resorts, expansions and acquisitions. Caesars Entertainment, Inc.'s resorts operate primarily under the Caesars®, Harrah's®, Horseshoe® and Eldorado® brand names. Caesars Entertainment, Inc. offers diversified amenities and one-of-a-kind destinations, with a focus on building loyalty and value with its guests through a unique combination of impeccable service, operational excellence and technology leadership. Caesars is committed to its employees, suppliers, communities and the environment through its PEOPLE PLANET PLAY framework. For more information, please visit www.caesars.com/corporate. \nForward-Looking Statements\nThis press release includes \"forward-looking statements\" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements in...