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Chinese investors pen $4.4B deal for Caesars' online games

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A Chinese consortium that includes game developer Shanghai Giant Network Technology and e-commerce company Alibaba Group Holding founder Jack Ma agreed to buy Caesars Interactive Entertainment Inc.'s online games unit.

The deal is valued at $4.4 billion in cash.

The games unit currently is owned by Caesars Acquisition and Caesars Entertainment.

Read more from Reuters.

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