Fertitta Entertainment agrees to acquire Caesars for $31 per share
Fertitta Entertainment agreed to acquire Caesars Entertainment, with Caesars shareholders due to receive $31 per share under the terms, according to the announcement. Caesars’ board unanimously approved the agreement, which still requires shareholder and regulatory approvals; the deal also includes a go-shop period through 11 July.
The proposed transaction would change the ownership of a major US casino operator, subject to approvals.