UPDATE 2-Eldorado Resorts to buy Caesars Entertainment for about $8.5 bln
June 24, 2019 at 07:57 AM EDT
Eldorado Resorts Inc has agreed to buy Caesars Entertainment Corp for about $8.5 billion in cash and stock, as it looks to build scale to take on competition from larger companies such as Las Vegas Sands and Wynn Resorts.