Tilman Fertitta’s Fertitta Entertainment is negotiating a deal to acquire Caesars (CZR) Entertainment, with the deal terms currently at $32 per share with an equity value of $6.5B and an enterprise value of $31.5B, Contessa Brewer and Sandy Cannold of CNBC reports, citing sources close to the situation. The deal, if accepted, would not be finalized until early April and is not expected to close until 2027, the sources added.
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