Caesars Entertainment Rises on Report of Financing for Icahn Rival Offer
Caesars Entertainment (CZ) gained after reports indicated Jefferies Financial is assessing $5 billion in debt financing to back a rival offer competing with Carl Icahn's $33/share bid. The potential financing could influence the ongoing takeover battle.
Tickers: $CZR
Topics: Caesars Entertainment Carl Icahn debt financing Jefferies Financial