Caesars Entertainment Corp stock prices feb 7 2012

Indonesia stock info - Caesars Entertainment Corp stock prices feb 7 2012 ; Caesars Entertainment Corp. on Tuesday priced 1.81 million shares of its stock at $9 a share to raise around $16.3 million, a small amount but one that opens the door for some investors to cash out.

The company is selling a tiny portion of itself—just 1.4%—in what is one of the smallest IPOs in recent history.

However the deal will enable the casino giant's private investors to sell more shares once the stock begins trading publicly Wednesday.

The deal came about because these investors were pushing for the ability to sell their shares, according to people with knowledge of the situation.

After the offering, around 19% of the company could be sold by some private investors as well as 9.9% owned by hedge-fund manager Paulson & Co.


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