PHILADELPHIA, Pa. (July 11, 2016) – Reed Smith LLP recently served as legal counsel to Caesars Entertainment Special Committee in connection with the development of the amended terms for the original merger agreement between Caesars Entertainment and Caesars Acquisition. The amended agreement is an important step in the restructuring of Caesars Entertainment Operating Company, Inc. (CEOC), as the restructuring is contingent upon, among other things, the completion of the merger. Caesars Entertainment is the world's most diversified casino-entertainment provider and the most geographically diverse U.S. casino-entertainment company.
The Reed Smith team was led by Philadelphia partner Howard Shecter and included Pittsburgh partners Leo Hitt and Ken Siegel; and Philadelphia associate Adam Cohen.
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