Los Angeles Business Journal: Casino deal

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Los Angeles Business Journal: Casino deal

Casino Deal: Colony Capital, the Los Angeles-based investment firm, agreed to acquire four casino properties in Atlantic City, Indiana and Mississippi from Caesars Entertainment Inc. and Harrah's Entertainment Inc. in a $1.24 billion deal. The two Las Vegas-based companies are selling off properties to avoid antitrust questions concerning Harrah's proposed purchase of Caesars.

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