Caesars bankruptcy heads to showdown with U.S. watchdog

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One of the many sculptured angels is shown at Caesars Palace on Wednesday, Aug. 5, 2015.

Tue, Nov 22, 2016 (1:53 p.m.)

The U.S. government's bankruptcy watchdog objected on Monday to a Caesars Entertainment Corp subsidiary's proposal to exit Chapter 11, threatening to derail a largely consensual plan to slash $10 billion of debt.

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