New York-listed casino operator Caesars Entertainment has agreed to give three board seats to individuals representing the Icahn Group.
The agreement sees three existing board members step down with immediate effect, to be replaced by Icahn Capital portfolio manager Courtney Mather, Icahn Enterprises chief executive Keith Cozza, and Icahn Enterprises director James Nelson.
The appointments gives investor Carl Icahn greater influence over the future of the company, in which the Icahn Group owns a 9.78 per cent [...]