Fertitta’s Caesars Acquisition Moves Forward
Tilman Fertitta’s Caesars acquisition is moving forward into its next phase following the conclusion of a critical contract deadline. The massive corporate transaction appears clear of immediate rival bids after the official go-shop window expired this past Saturday night without any competing offers surfacing publicly. The board of directors at Caesars Entertainment had been permitted to actively solicit alternative proposals from outside buyers since the initial definitive merger agreement was signed in May. Despite intense industry speculation that activist investor Carl Icahn was exploring a counteroffer of thirty-three dollars per share backed by financial backing from Jefferies Financial Group, no... The post Fertitta’s Caesars Acquisition Moves Forward appeared first on This Week in Gambling.
Tilman Fertitta’s Caesars acquisition is moving forward into its next phase following the conclusion of a critical contract deadline. The massive corporate transaction appears clear of immediate rival bids after the official go-shop window expired this past Saturday night without any competing offers surfacing publicly. The board of directors at Caesars Entertainment had been permitted to actively solicit alternative proposals from outside buyers since the initial definitive merger agreement was signed in May. Despite intense industry speculation that activist investor Carl Icahn was exploring a counteroffer of thirty-three dollars per share backed by financial backing from Jefferies Financial Group, no...
The post Fertitta’s Caesars Acquisition Moves Forward appeared first on This Week in Gambling.
