Caesars Entertainment to Go Private in $17.6 Billion Cash-and-Debt Deal. The Stock Is Rising. -- Barrons.com

Dow Jones

May 28

By Mackenzie Tatananni

Caesars Entertainment has agreed to be taken private by Houston-based Fertitta Entertainment in an all-cash deal valued at $17.6 billion.

Under the terms of the agreement, Caesars shareholders will receive $31 in cash for each outstanding share. The amount represents a 49% premium over the stock's closing price of $20.77 on Feb. 25, the last day before Caesars was rumored to have received a bid from Fertitta.

The deal includes the assumption of about $11.9 billion in outstanding debt, Caesars said. The casino and entertainment company's board has approved the transaction, and is pushing for shareholders to approve the merger agreement, which includes a "go-shop" period through July 11 during which time Caesars may weigh competing proposals.

Shares advanced 2.1% to $29.37 in premarket trading Thursday as S&P 500 futures slipped 0.3%. Trading halted briefly ahead of the announcement.

Write to Mackenzie Tatananni at mackenzie.tatananni@barrons.com

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

May 28, 2026 07:42 ET (11:42 GMT)

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The Stock Is Rising. -- Barrons.com\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-05-28 19:42</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Mackenzie Tatananni \n</p>\n<p>\n  Caesars Entertainment has agreed to be taken private by Houston-based Fertitta Entertainment in an all-cash deal valued at $17.6 billion. \n</p>\n<p>\n  Under the terms of the agreement, Caesars shareholders will receive $31 in cash for each outstanding share. 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Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 28, 2026 07:42 ET (11:42 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4566","symbol_name":"资本集团","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2638090660","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2638090660","pubTimestamp":1779968520,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Caesars Entertainment has agreed to be taken private by Houston-based Fertitta Entertainment in an all-cash deal valued at $17.6 billion.Under the terms of the agreement, Caesars shareholders will receive $31 in cash for each outstanding share. 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