Caesars Leisure completes sale of Tropicana Evansville
four June 2021
(PRESS RELEASE) — Caesars Leisure, Inc. right this moment introduced the closing of the sale of Tropicana Evansville to Gaming & Leisure Properties and Bally’s Company for mixture consideration of $480 million in money, topic to a customary working capital adjustment.
“I wish to thank the Crew Members of Evansville for all of their onerous work and need them continued success below Bally’s management,” stated Tom Reeg, CEO of Caesars Leisure, Inc.
Milbank LLP represented Caesars Leisure on the transaction.
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