Caesars Entertainment Corporation (NASDAQ:CZR) Files An 8-K Other Events

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Caesars Entertainment Corporation (NASDAQ:CZR) Files An 8-K Other Events
Item 8.01 Other Events.

This filing includes “forward-looking statements” intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995 regarding the completion of the Merger and the restructuring of CEOC.

These forward-looking statements, including, without limitation, those relating to the Merger or the transactions contemplated by the Third Amended Joint Plan of Reorganization (the “Plan”) of CEOC, CEOC’s emergence and expected timing thereof, future actions that may be taken by CEC and others with respect thereto, the completion of the Merger and the financial position and actions of CEC post-emergence, wherever they occur in this filing, are based on CEC management’s current expectations and projections about future events and are necessarily estimates reflecting the best judgment of management and involve a number of risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking statements.

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You are cautioned that forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties that cannot be predicted or quantified and, consequently, the actual performance of CEC may differ materially from that expressed or implied by such forward-looking statements. Such risks and uncertainties include, but are not limited to, the following factors, as well as other factors described from time to time in our reports filed with the SEC: the Merger Agreement may not be approved by the CEC and CAC stockholders at the respective special meetings or the failure to satisfy any of the other closing conditions of the Merger Agreement; the Merger may not be consummated or one or more events, changes or other circumstances that could occur that could give rise to the termination of the Merger Agreement; CEC’s and CEOC’s ability (or inability) to meet any milestones or other conditions set forth in their restructuring support agreements; CEC’s and CEOC’s ability (or inability) to satisfy the conditions to the effectiveness of the Plan; CEC’s ability (or inability) to secure additional liquidity to meet its ongoing obligations and its commitments to support the restructuring of CEOC as necessary; and CEC’s financial obligations exceeding or becoming due earlier than what is currently forecast and other risks associated with the restructuring of CEOC and related litigation.

You are cautioned to not place undue reliance on these forward-looking statements, which speak only as of the date of this filing. CEC undertakes no obligation to publicly update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this filing or to reflect the occurrence of unanticipated events, except as required by law.

Item 8.01 Financial Statements and Exhibits.

(d) Exhibits. The following exhibit is being filed herewith:

ExhibitNo.

Description

99.1 Press Release.

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CAESARS ENTERTAINMENT Corp Exhibit
EX-99.1 2 d421811dex991.htm EX-99.1 EX-99.1 Exhibit 99.1     Contacts:   Media               Investors     Stephen Cohen               Joyce Arpin     (212) 886-9332               (702) 880-4707 Caesars Entertainment,…
To view the full exhibit click here

About Caesars Entertainment Corporation (NASDAQ:CZR)

Caesars Entertainment Corporation (Caesars) is a holding company. The Company offers casino-entertainment and hospitality services. It operates through three segments: Caesars Entertainment Resort Properties (CERP), Caesars Growth Partners Casino Properties and Developments (CGP Casinos) and Caesars Interactive Entertainment, Inc. (CIE). The Company’s facilities include gaming offerings, food and beverage outlets, hotel and convention space, and non-gaming entertainment options. In addition to its brick and mortar assets, it operates an online gaming business that provides social and mobile games offerings that utilize virtual currency, as well as real money games in certain jurisdictions. The Company owns CERP and an interest in Caesars Growth Partners, LLC (CGP). Through its consolidated entities, it owns and operates approximately 10 casinos in the United States, with over one million square feet of gaming space and over 23,000 hotel rooms.