Exclusive: Casino mogul Fertitta approaches Ceasars about merger - sources [Reuters]
Caesars Entertainment, Inc. (CZR)
Last caesars entertainment, inc. earnings: 2/25 04:30 pm
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Source: Reuters
Exclusive: Casino mogul Fertitta approaches Ceasars about merger - sources | Reuters 2 Min Read (Reuters) - Tilman Fertitta, the billionaire owner of the Golden Nugget Casinos, has approached U.S. casino operator Caesars Entertainment Corp ( CZR.O ) about merging it with his own gaming empire, people familiar with the matter said on Wednesday. Fertitta, whose holdings also include the Houston Rockets professional basketball team and restaurant and entertainment company Landry’s, is contemplating a reverse merger in which Caesars would be the acquirer, and Caesars shareholders, including private equity firms Apollo Global Management LLC ( APO.N ) and TPG Global, would remain shareholders in the combined company, the sources said. It is unclear whether Caesars will entertain the offer, given the company has a market capitalization of $6.3 billion and Fertitta’s net worth is pegged by Forbes at $4.5 billion, the sources said. The sources cautioned that a deal is not certain and asked
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CZR
News
- Caesars Entertainment, Inc. (NASDAQ: CZR) had its price target lowered by analysts at Truist Financial Co. from $62.00 to $58.00. They now have a "buy" rating on the stock.MarketBeat
- Data Breach: Caesars Rewards Casino Investigated by Levi & Korsinsky, LLP?? Accesswire
- Television Star and Restaurateur Lisa Vanderpump Hosts Grand Opening of Wolf by Vanderpump at Harveys Lake Tahoe [Yahoo! Finance]Yahoo! Finance
- Television Star and Restaurateur Lisa Vanderpump Hosts Grand Opening of Wolf by Vanderpump at Harveys Lake TahoeBusiness Wire
- Caesars Rewards Casino Data Breach Investigation - (NASDAQ:CZR)Accesswire
CZR
Earnings
- 2/20/24 - Miss
CZR
Sec Filings
- 4/3/24 - Form 4
- 3/7/24 - Form 4
- 3/1/24 - Form 4
- CZR's page on the SEC website