◆ NeutralCZR

Fertitta Strikes $17.6 Billion Deal To Take Caesars Private

Benzinga·
Fertitta Strikes $17.6 Billion Deal To Take Caesars Private

Fertitta Entertainment agreed to acquire Caesars Entertainment in an all-cash transaction valued at $17.6 billion, including $11.9 billion in assumed debt. Caesars shareholders will receive $31 per share, representing a 49% premium to the unaffected closing price. The combined company will operate 60 casino resorts and over 600 Fertitta Entertainment outlets. The deal requires shareholder approval and regulatory clearance, with a go-shop period through July 11, 2026.

Read Full Article at Benzinga
← Back to Financial Intelligence