Caesars Entertainment agreeing to go private in $17.6 billion Fertitta deal

Shareholders will receive $31 per share in cash, a 49% premium to Caesars' stock price before deal rumors emerged in February

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Caesars Entertainment agreed to be acquired by Fertitta Entertainment in an all-cash transaction valued at approximately $17.6 billion, including the assumption of approximately $11.9 billion of Caesars' outstanding debt, the companies said on Thursday.

Under the terms of the agreement, Caesars shareholders will receive $31.00 in cash for each outstanding share. The offer represents a 49% premium over Caesars' unaffected share price as of Feb. 25, 2026, the last trading day before rumors of a potential transaction emerged, and a 46% premium over........

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