UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Emerging growth company
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| Item 8.01 | Other Events. |
On June 26, 2020, Caesars Entertainment Corporation (“Caesars”) issued a press release announcing that it and Eldorado Resorts, Inc. (“Eldorado”) have obtained the Federal Trade Commission (the “FTC”) clearance necessary to consummate their proposed merger (the “Merger”). Eldorado has entered into a consent agreement with the FTC, which concludes the FTC’s Hart Scott Rodino review of the Merger and satisfies all required antitrust clearances for the Merger. Under the terms of the consent order, Eldorado has agreed to divest the Eldorado Resort Casino in Shreveport, Louisiana, and the MontBleu Casino Resort & Spa in Lake Tahoe, Nevada, to certain subsidiaries of Twin River Worldwide Holdings, Inc. (“Twin River”), pursuant to Eldorado’s and Twin River’s previously announced equity purchase agreement among themselves and certain of their affiliates, dated as of April 24, 2020. The consummation of the Merger remains subject to the satisfaction of other closing conditions, including receipt of all consents and approvals from the Nevada Gaming Control Board, the Nevada Gaming Commission, the New Jersey Casino Control Commission, the Indiana Gaming Commission and the Indiana Horse Racing Commission.
A copy of the press release announcing the foregoing is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits.
| Exhibit No. |
Description | |||
| 99.1 |
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| 104 |
Cover Page Interactive Data File (embedded within the Inline XBRL document). | |||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| CAESARS ENTERTAINMENT CORPORATION | ||||
| Date: June 26, 2020 |
By: |
/s/ Michelle Bushore | ||
| Name: |
Michelle Bushore | |||
| Title: |
Executive Vice President, General Counsel, Chief Legal & Risk Officer and Corporate Secretary | |||