Caesars shareholders vote on Fertitta’s proposed $17.6bn acquisition
Caesars Entertainment shareholders voted on 22 September on Tilman Fertitta’s proposed acquisition of the company, reportedly valued at $17.6bn, including about $11.9bn of Caesars debt. The vote result had not been announced in the report; Caesars needs approval from holders of at least 101,890,063 shares, and regulatory conditions must also be met before completion.
The vote and outstanding regulatory conditions determine whether the proposed acquisition can proceed to closing.