Fertitta Entertainment has agreed to acquire Caesars Entertainment in a $17.6 billion all-cash deal, including $11.9 billion of Caesars’ debt.
Fertitta Entertainment has announced the acquisition of Caesars Entertainment in a deal worth $17.6 billion, encompassing $11.9 billion of Caesars’ existing debt. The transaction is contingent on approval from Caesars’ shareholders, with the board of directors already giving their nod and urging shareholders to accept the merger agreement.