Caesars says it may sell a stake in online business, 2 casinos

02/5/2013 | Bloomberg Businessweek

Caesars Entertainment has announced that may sell a stake in Caesars Interactive Entertainment, Planet Hollywood in Las Vegas and an ongoing casino project in Baltimore to boost its funds and credit rating. "We are pursuing this transaction because we believe it will improve our liquidity and credit profile, enhance our distribution network and provide additional support for potential new ventures," the company said.

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