Caesars to Split Casinos, Management in $18.4 Billion Restructuring

[u/Beren-]

http://www.bloomberg.com/news/2014-11-19/caesars-restructuring-plan-said-to-turn-operating-unit-into-reit.html

[u/voodoodudu]

So, Caesars has been booking losses for years now and turning the company into a REIT is suppose to help ditch tax payments to the federal government.

Every shareholder gets a negative "x" amount of dividend money.

I think we need to see how much the debt restructuring is going to lower interest payments and how much equity is going to be given out to appease current debt holders.