Caesars ‘optimistic’ on deal with bankrupt unit’s creditors

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

Mon, Sep 26, 2016 (9:13 a.m.)

Caesars Entertainment Corp (CZR.O) is "optimistic" of finally reaching a $5 billion agreement with creditors to push its main operating unit out of a long and costly bankruptcy, the Las Vegas-based casino group said in a statement on Monday.

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