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Caesars Buyout Talks
Description
Tilman Fertitta is in exclusive talks to acquire Caesars Entertainment for ~$7B at ~$34/share, topping Carl Icahn's $33/share offer. Caesars shares surged 12% on the news, with Fertitta's portfolio already including Golden Nugget casinos, Landry's restaurants, and the NBA's Houston Rockets.
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