Fertitta Entertainment agrees to acquire Caesars for US$17.6bn

Deals & M&A14 Nov 2026

Fertitta Entertainment signed a definitive agreement to acquire Caesars Entertainment in an all-cash transaction valued at about US$17.6bn, including assumed debt. Caesars shareholders would receive US$31 per share, while the board approved and recommended the merger; completion would take Caesars off Nasdaq.

The agreement would take Caesars off Nasdaq, requiring investors to assess the board-recommended all-cash transaction and assumed debt.

End-of-day close Caesars Entertainment (CZR), USD, to 12 November 2026

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Deals & M&A24 Sep 2026

Caesars shareholders approve Fertitta’s $17.6bn acquisition proposal

Caesars Entertainment shareholders approved Fertitta Entertainment’s proposed acquisition at a special meeting, according to an SEC filing. The merger received 133,313,001 votes in favour and 4,276,986 against, with 5,687,952 abstentions; regulatory and other closing conditions remain. The all-cash deal values Caesars at $17.6bn including debt and offers $31 per share.

Fertitta Entertainment agrees to acquire Caesars for US$17.6bn

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Caesars Entertainment NASDAQ: CZR

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Latest reported results

Caesars Entertainment NASDAQ: CZR

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Keep reading

Caesars shareholders approve Fertitta’s $17.6bn acquisition proposal

Carl Icahn offers $34 per Caesars share in competing bid

Nevada Gaming Commission approves regulatory steps for MGM and Caesars deals

Fertitta Entertainment reportedly bids $34 a share for Caesars

Caesars reportedly weighs takeover offers from several bidders