
Fertitta Entertainment to buy Caesars for $17.6bn ($31/share) in largest US casino acquisition
Fertitta Entertainment, controlled by billionaire Tilman Fertitta, agreed to acquire Caesars Entertainment in an all-cash transaction valued at approximately $17.6 billion, including assumption of about $11.9 billion of Caesars debt. Caesars shareholders would receive $31.00 per share in cash, a 49% premium to the unaffected share price as of February 25, 2026 (and a 46% premiu



