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Caesars Shares Down 17.6%

13 June 2005

NEW YORK – As reported by MarketWatch: "Shares of Caesars Entertainment were down 17.6% to $17.76, Monday's biggest loser on the New York Stock Exchange. The company is being acquired by Harrah's Entertainment in a deal expected to close after the end of trading. Earlier, Harrah's said that holders of 80.2% of Caesars shares elected to receive Harrah's common stock in the deal.

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