Fertitta Entertainment is in exclusive talks to acquire Caesars Entertainment for roughly $7bn at $34 per share, outbidding Carl Icahn's competing all-cash offer of $33 per share.

Fertitta Tables $7bn Bid for Caesars, Topping Icahn Offer

Fertitta Entertainment is in exclusive talks to acquire Caesars Entertainment for roughly $7bn at $34 per share, outbidding Carl Icahn’s competing all-cash offer of $33 per share.

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