Caesars agrees to be acquired by Fertitta Entertainment in USD 17.6 billion deal

Caesars Entertainment, Inc.

Caesars Entertainment, Inc.

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  • Fertitta Entertainment agreed to acquire Caesars Entertainment in an all-cash deal valued at about USD 17.6 billion, including assumed debt of about USD 11.9 billion.
  • Caesars shareholders would receive USD 31 per share, a 49% premium to the unaffected price on Feb. 25, 2026.
  • Financing includes Fertitta equity, assumed debt, new committed debt financing arranged by a 10-bank group; no financing condition.
  • Deal requires shareholder vote, customary closing conditions, regulatory approvals; Caesars shares would be delisted from Nasdaq on completion.
  • Agreement includes a go-shop period through July 11, 2026; the Carano family agreed to roll part of its roughly 5% stake.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Caesars Entertainment Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260528831136) on May 28, 2026, and is solely responsible for the information contained therein.

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