Mar. 17 at 8:14 PM
$CZR Mangement should be tarred and feathered if they sell this for anything less than
$10 billion. Caesars has
$31 billion worth of assets, if they sold off
$12 billion worth of assets to pay off all the debt they would still have about
$19 billion worth of assets plus the OSB and digital gaming side of things with
$0.00 of debt. How is that only worth
$6.5 billion like that rumors are stating? Whoever buys this is going to sell off parts of the business to pay down the debt exactly as I just laid out. Why wouldn’t current management just do it then? Retards all around