Caesars mulls takeover bids, FT reports

Caesars (CZR) Entertainment is considering takeover offers, including a bid from Texas billionaire Tilman Fertitta, the Financial Times’ Oliver Barnes and Sujeet Indap report. The company is weighing a sale after drawing takeover interest from a number of potential suitors, including Fertitta Entertainment, which owns the Golden Nugget casino chain, the authors say, citing people familiar with the matter. Caesars is also mulling a potential management-led buyout, the authors note. Shares of Caesars are up 18.3% in afternoon trading.