U.S. casino operator Caesars Entertainment Corp has struck a deal with investor ...
FILE PHOTO: Billionaire activist-investor Carl Icahn gives an interview on FOX Business Network's Neil Cavuto show in New York, U.S. on February 11, 2014. REUTERS/Brendan McDermid/File Photo
The company said on Friday it had come to an agreement with Icahn, on the composition of its board and appointment of the next chief executive officer, under which three existing directors will step down. Icahn, who disclosed a 9.8 percent stake in Caesars last week, said in the same statement that he still believed the best path forward for one of the Las Vegas strip’s most famous names was either a sale or a merger.
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