Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Fertitta Holds Talks to Buy Caesars for $7B, Shares Jump 12% [Yahoo! Finance]

Caesars Entertainment, Inc. (CZR) 
Last caesars entertainment, inc. earnings: 2/25 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.caesars.com/investor-relations
Company Research Source: Yahoo! Finance
This article first appeared on GuruFocus Caesars Entertainment ( NASDAQ:CZR ) is drawing renewed investor attention after a report suggested the casino operator could be the target of a potential takeover led by billionaire Tilman Fertitta. According to the Wall Street Journal, Fertitta has held exclusive discussions to acquire Caesars in a transaction that could value the company at about $7 billion, potentially setting up a high-profile contest with another well-known investor. Warning! GuruFocus has detected 7 Warning Signs with CZR. Is CZR fairly valued? Test your thesis with our free DCF calculator. People familiar with the matter indicated that Fertitta's company has been discussing a proposal of roughly $34 per share for Caesars, which would represent about a 31% premium to the company's Tuesday closing price. The report also said Caesars previously received an offer of around $33 per share in cash from Carl Icahn Trades Portfolio )'s Icahn Enterprises. Fertitta, who o Show less Read more
Impact Snapshot
Event Time:
CZR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for CZR alerts
Opt-in for
CZR alerts

from News Quantified
Opt-in for
CZR alerts

from News Quantified