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Caesars Said to Price Initial Public Offering at $9 a Share

February 08, 2012, 12:14 AM EST

By Lee Spears

Feb. 7 (Bloomberg) -- Caesars Entertainment Corp. priced its initial public offering at $9 a share, said a person with knowledge of the transaction.

The Las Vegas-based casino operator sold 1.81 million shares in the offering, said the person, who declined to be identified because the information is private. The company had offered the shares at $8 to $10 apiece, according to regulatory filings.

--Editor: Elizabeth Wollman

-0- Feb/07/2012 22:15 GMT

To contact the reporter on this story: Lee Spears in New York at lspears3@bloomberg.net

To contact the editor responsible for this story: Jennifer Sondag at jsondag@bloomberg.net -0- Feb/07/2012 22:12 GMT

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