Caesars Entertainment Corp.
has amended a merger agreement with Caesars Acquisition Co.
, which is linked to the bankruptcy restructuring of the gambling companys main operating unit.
The changed deal comes as the unit, Caesars Entertainment Operating Co., stacks up agreements with creditors in its chapter 11 bankruptcy turnaround effort.
Holdouts include investors in the operating units second-lien bond debt, a group that says parent Caesars isn’t contributing enough to compensate for a series of transactions…
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