Caesars Entertainment has reached a blockbuster deal with Tilman Fertitta to sell the entertainment and hospitality giant to the billionaire business magnate.
On Thursday, Caesars announced that it has reached a definitive agreement to be acquired by Fertitta’s holding company, Fertitta Entertainment, in an all-cash deal valued at approximately $17.6 billion. The deal is approved and marks a significant move in the entertainment and hospitality industry.