Fertitta Entertainment to Acquire Caesars Entertainment in $5.7 Billion Deal
Fertitta Entertainment, the hospitality and gaming giant led by billionaire Tilman Fertitta, announced a definitive agreement today to acquire Caesars Entertainment for $5.7 billion. The deal, which includes a cash payment of $31 per share to Caesars shareholders, also involves the assumption of approximately $11.9 billion in outstanding debt, marking one of the most significant…