Lee Cooperman Adds To Caesars Entertainment Stake ~ market folly

Wednesday, December 17, 2014

Lee Cooperman Adds To Caesars Entertainment Stake

Lee Cooperman's hedge fund firm Omega Advisors has just filed a 13G with the SEC regarding their position in Caesars Entertainment (CZR).  Per the filing, Cooperman has revealed a 5.41% ownership stake in CZR with over 7.81 million shares.

He's boosted his stake by 824,967 since the end of the third quarter and the filing was required due to activity on December 12th.

Per Google Finance, Caesars Entertainment is "a diversified casino-entertainment provider.."


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