Caesars Talks Grind On in Bid for Deal to End Unit’s Bankruptcy

  • Creditors are in talks to patch over $400 million hole
  • Company has already boosted offer to creditors by $1.2 billion

Caesars Entertainment Corp. is inching closer to a deal to finance the reorganization of its bankrupt operating unit and end two years of rancorous court battles that embroiled the casino giant and its controlling shareholders, Apollo Global Management LLC and TPG Capital.

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