Billionaire investor Carl Icahn is considering a last-minute rival bid for Caesars Entertainment that could challenge Tilman Fertitta's agreed $17.6 billion acquisition of the casino operator before the company's go-shop period expires on July 11.
Billionaire investor Carl Icahn is contemplating a late bid to rival Tilman Fertitta's $17.6 billion acquisition deal for Caesars Entertainment. The potential bid is expected to challenge the current agreement before the go-shop period ends on July 11. According to Bloomberg, investment bank Jefferies Financial is in talks with investors to secure around $5 billion in debt financing to back the bid.
