Fertitta Entertainment Acquires Caesars Entertainment for $17.6 Billion
Caesars Entertainment, Inc. (CZR) entered a merger agreement on May 28, 2026, to be acquired by Fertitta Entertainment, Inc. in a deal valued at $17.6 billion. Deal Structure:…
Written byAsif SuriaSource: InsideArbitrage
Caesars Entertainment, Inc. (CZR) entered a merger agreement on May 28, 2026, to be acquired by Fertitta Entertainment, Inc. in a deal valued at $17.6 billion. Deal Structure: Caesars’ shareholders will receive $31 in cash for each outstanding Caesars’ share, representing a premium of 7.71% from the stock’s last close. Company Profile: Caesars Entertainment is