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JohnCM

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JohnCM

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Monday, 07/27/2020 6:34:35 PM

Monday, July 27, 2020 6:34:35 PM

Post# of 773

Eldorado Resorts Slides After Icahn Enterprise CEO Leaves Board

BY MT Newswires

04:07 PM EDT, 07/27/2020 (MT Newswires) -- Eldorado Resorts (CZR) closed almost 12% lower after the casino company Monday said Icahn Enterprises (ICHN) chief executive Keith Cozza and long-time Caesar's Entertainment director has resigned from the Eldorado board, days after Eldorado completed its $17.3 billion merger with Caesar's.

Along with Cozza, two other Icahn executives have had seats on the Caesar board since activist investor Carl Icahn acquired a 17% stake of the company in 2012.

Price: 29.70, Change: -0.04, Percent Change: -0.13

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