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Caesars Entertainment to be Acquired by Fertitta in $17.6B All-Cash Deal

Caesars Entertainment, Inc. said Thursday it has agreed to be acquired by Fertitta Entertainment, Inc. in an all-cash transaction valued at approximately $17.6 billion, including the assumption of app

Caesars Entertainment, Inc. said Thursday it has agreed to be acquired by Fertitta Entertainment, Inc. in an all-cash transaction valued at approximately $17.6 billion, including the assumption of approximately $11.9 billion of Caesars’ outstanding debt. The $31 per share deal represents a 49% premium on Caesars common stock pricing on Feb. 25, the last trading...

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