How to use options to boost returns – BNN

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Icahn to sell Tropicana in $1.85B deal to Eldorado, REIT

Eldorado Resorts Inc. and real-estate company Gaming and Leisure Properties Inc. are teaming up to buy Carl Icahn’s casino operator, Tropicana Entertainment Inc., for US$1.85 billion in cash, adding to a wave of consolidation in the gambling industry.

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