Caesars Shares Climb as Fertitta Reportedly Enters Exclusive Buyout Talks
Shares of Caesars Entertainment rose after reports that billionaire Tilman Fertitta, through Fertitta Entertainment, is in exclusive negotiations to buy the casino operator for about $34 per share in a deal valued near $7 billion. The report also noted an earlier all-cash offer of around $33 per share from Icahn Enterprises remains on the table and…