Fertitta Entertainment is negotiating to acquire Caesars Entertainment for $32 per share, valuing Caesars' equity at $6.5 billion and assigning an enterprise value of $31.5 billion, according to CNBC. The proposed transaction, if completed, would be a material M&A event for the gaming and leisure sector and is likely to move Caesars' equity and related peers. Details remain preliminary and subject to negotiation and disclosure.
Fertitta Entertainment is negotiating to acquire Caesars Entertainment for $32 per share, valuing Caesars' equity at $6.5 billion and assigning an enterprise value of $31.5 billion, according to CNBC. The proposed transaction, if completed, would be a material M&A event for the gaming and leisure sector and is likely to move Caesars' equity and related peers. Details remain preliminary and subject to negotiation and disclosure.
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