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Caesars Entertainment prices IPO at $9 midpoint

February 7, 2012
CZR

Caesars Entertainment, a casino entertainment provider owned by TPG and Apollo, raised $16 million by offering 1.8 million shares at the $9 midpoint. Caesars Entertainment plans to list on the NASDAQ under the symbol CZR. Credit Suisse, Citi, BofA Merrill Lynch and Deutsche Bank Securities acted as lead managers on the deal.