Fertitta-owned firm to acquire Caesars Entertainment in $17.6 billion deal

Tilman Fertitta's company is set to buy Caesars Entertainment for approximately $17.6 billion, combining it with his existing leisure and hospitality empire. The transaction includes assumed debt of about $11.9 billion and offers a nearly 50% premium over the stock price before initial reports in February.

By https://www.facebook.com/CNBC · CNBC ·

Fertitta-owned firm to acquire Caesars Entertainment in $17.6 billion deal

Tickers: $CZR

Topics: Casinos Hospitality Industry Mergers & Acquisitions

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