Icahn builds stake in Caesars casino - report

Business 1/11/2019, 4:01 PM
Icahn builds stake in Caesars casino - report

Billionaire investor Carl Icahn is building a stake in casino giant Caesars Entertainment Corporation, CNBC reported on Friday citing sources with knowledge of the matter. However, the size of Icahn's stake is currently unknown. Caesars, based in Paradise, Nevada, owns and operates over 50 casinos and hotels.

Shares of Caesars jumped 6.20% at 9:54 am ET following the release of the report.

Breaking the News / JC

Share:

CAESARS ENTER...0.00%

7.80
Chart for: CAESARS ENTERTAINMT DL-01