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Fertitta Eyes Caesars Takeover in Weekend Negotiations

1 min read
Source: CNBC
Fertitta Eyes Caesars Takeover in Weekend Negotiations
Photo: CNBC
TL;DR

Tilman Fertitta’s Fertitta Entertainment is negotiating to acquire Caesars Entertainment for about $6.5 billion in equity (roughly $32 per share) with an enterprise value near $31.5 billion, within a 45-day exclusive window; billionaire Carl Icahn has bid higher and could top the deal, which faces regulatory and shareholder scrutiny and isn’t expected to close until 2027.

Topics:top-newsbusiness#business#caesars-entertainment#carl-icahn#fertitta-entertainment#gaming-industry#mergers-and-acquisitions
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  1. Fertitta in weekend deal talks to acquire Caesars, while billionaire Carl Icahn waits in the wings  CNBC
  2. Tilman Fertitta's company looking to buy Caesar's Entertainment in $7B deal  Houston Chronicle
  3. Who Benefits If Fertitta Buys Caesars? 4 Stocks to Watch  Yahoo Finance
  4. Houston Rockets owner reportedly exploring major casino takeover  KHOU
  5. Exclusive | Tilman Fertitta in Talks to Buy Caesars for $7 Billion After Topping Bid From Icahn  WSJ

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