Caesars extends talks with Fertitta on $32 per share bid, Bloomberg says

Caesars (CZR) Entertainment has extended the period of exclusive negotiations about a takeover by Tilman Fertitta, the owner of the Golden Nugget casino chain, who has been in talks to purchase Caesars for about $32 a share, people familiar with the discussions told Bloomberg’s Christopher Palmeri. There’s no certainty that a deal will be reached, but the parties are “close,” the report added. In Monday afternoon trading following the report, Caesars shares are up 54c, or 2%, to $27.76.