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Actionable news in CACQ: CAESARS ACQUISITION COMPANY,

Caesars Interactive

On October 16, 2015, the Human Resources Committee of the Board of Directors (the "

HRC

") of Caesars Acquisition Company (the

Registrant

) and the stockholders of Caesars Interactive Entertainment, Inc. (

CIE

) approved to amend the CIE Management Equity Incentive Plan (the

CIE Plan

), which included an increase of 8,500 shares of CIE common stock available under the CIE Plan, subject to the approval of Caesars Entertainment Corporation (

CEC

), as described below.

On October 23, 2015, the CIE Plan was approved by CEC as required under the Agreement and Plan of Merger dated as of December 21, 2014 by and between the Company and CEC (the

Merger Agreement

).

Additionally, when the Plan was approved, the HRC also approved a Form of Stock Option Grant Ag reement for performance-based grants (the

Performance Grant Agreement

), and the HRC and CEC (pursuant to the Merger Agreement) approved grants of options to purchase CIE common stock at an exercise price of $15,723 per share to the named executive...


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