Caesars unit resolves lender dispute, eyes bankruptcy exit

Caesars Entertainment Corp's bankrupt operating unit resolved a dispute with its lenders on Friday, paving the way for a consensual plan to push the casino group out of its $18 billion Chapter 11. In filings with the U.S. Bankruptcy Court in Chicago, bank lenders said they had reached an agreement over their recovery terms and were withdrawing a threat to abandon a plan to end Caesars Entertainment Operating Co Inc's two-year bankruptcy. The lenders, which include Blackstone Group LP's GSO Capit