In the third quarter of last year, Reuters revealed that HG Vora Capital Management, the $4 billion hedge fund managed by Parag Vora, had acquired an interest of 4.9% in US casino operator Caesars Entertainment Corp.
Q4 hedge fund letters, conference, scoops etc
According to sources at the time, the hedge fund was seeking to persuade the casino operated to explore options including divestitures or an outright sale of the company.
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