Caesars Entertainment to Be Acquired by Fertitta Entertainment in $17.6 Billion All-Cash Deal, Including Debt Assumption
🎰 Caesars Entertainment, Inc. will be acquired by Fertitta Entertainment, Inc. for $17.6 billion, including $11.9 billion in debt assumption. Shareholders receive $31.00 per share—49% premium over the February 25, 2026 unaffected price. The combined entity offers 60 casino resorts, online gaming, 200 sports betting locations, and over 600 Fertitta outlets. The transaction lacks a financing condition and needs shareholder and regulatory approvals, with a “go-shop” period until July 11, 2026.
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