Caesars Entertainment IPO Prices in Middle of Range

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The small float appears to have accomplished its objective. Caesars Entertainment priced at $9 a share, inside its pre-IPO range of $8 to $10. The company raised $16 mn in capital on the sale of 1.8 mn shares (1.4 percent of the company). Caesars is set to trade on NASDAQ under the symbol CZR.

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Source: CNBC

Photo:
cherrylet via Flickr

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