Caesars expected to reject Fertitta deal [Seeking Alpha]
Caesars Entertainment, Inc. (CZR)
Last caesars entertainment, inc. earnings: 2/25 04:30 pm
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US:NASDAQ Investor Relations:
investor.caesars.com/investor-relations
Company Research
Source: Seeking Alpha
The board at Caesars Entertainment (NASDAQ: CZR ) is expected to firmly reject the buyout overture from Tilmann Fertitta, according to New York Post. The proposed acquisition would place Caesars in the same casino empire as The Golden Nugget. Sources say that certain hedge funds may have leaked the Fertitta interest in order to torpedo a plan by Caesars to acquire casino properties in the Midwest from Jacks Entertainment in a deal that would also involving leasing the property from Vici Properties (NYSE: VICI ). That little nugget indicates some disagreement on strategy between the board and the hedgies looking for a quick share price boost. Shares of Caesars rose 13% last week with the M&A rumors buzzing. Click to subscribe to real-time analytics on CZR Now read: VICI: One Year In » Subscribe for full text news in your inbox
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CZR
News
- NeoGames (NGMS) to Bolster BIG Brazil's Caesars Brazil Presence [Yahoo! Finance]Yahoo! Finance
- Caesars Entertainment, Inc. (NASDAQ: CZR) had its price target lowered by analysts at Deutsche Bank Aktiengesellschaft from $62.00 to $59.00. They now have a "buy" rating on the stock.MarketBeat
- Caesars (CZR) Launches Mobile Wagering at Harrah's Gulf Coast [Yahoo! Finance]Yahoo! Finance
- Insiders Are Buying These 3 Stocks [Yahoo! Finance]Yahoo! Finance
- PropSwap announces its first official casino partner: Harrah's Gulf Coast [Yahoo! Finance]Yahoo! Finance
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