Thursday, January 15, 2015

Caesars unit files bankruptcy to cut debt, faces court fight

FILE - In this Monday, Jan. 12, 2015 file photo, a man takes pictures of Caesars Palace hotel and casino, in Las Vegas. A cash-strapped division of casino giant Caesars Entertainment Corp. said early Thursday Jan. 15, 2015 that it filed for bankruptcy protection in Chicago, hoping the court agrees to its plan to get out from under $18.4 billion of debt. (AP Photo/John Locher, File) LAS VEGAS (AP) — A cash-strapped division of casino giant Caesars Entertainment Corp. filed for bankruptcy protection Thursday in Chicago, hoping the court agrees to its plan to get out from under $18.4 billion in debt.








via Entertainment News Headlines — Yahoo! News
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