Fertitta in Weekend Deal Talks to Acquire Caesars as Icahn Waits
Lead: Tilman Fertitta’s Fertitta Entertainment is negotiating to acquire Caesars Entertainment in talks taking place this weekend at the Post Oak Hotel in Houston. Sources say the current economic terms center on about $32 per share, valuing Caesars’ equity at roughly $6.5 billion and its enterprise at $31.5 billion, reflecting substantial company debt. The negotiations … Read more