Fertitta Entertainment to Acquire Caesars Entertainment in $17.6B All-Cash Deal

Fertitta Entertainment, Tilman Fertitta’s holding company, agreed to acquire Caesars Entertainment for approximately $17.6 billion in an all-cash transaction, including the assumption of about $11.9 billion of Caesars debt. Caesars shareholders will receive $31.00 per share, and the deal is expected to close in 2027, following shareholder and regulatory approvals.