Fertitta, headquartered in Houston, Texas, is offering Caesars' shareholders $31 per share, a total of $5.7 billion (approximately SEK 53 billion) for the company's assets.
If the acquisition is completed, Caesars' shares will be delisted from the stock exchange and Fertitta will take over outstanding debt of $11.9 billion.
Fertitta - whose owner, Tilman Fertitta, was a major donor to President Donald Trump during the 2024 presidential election campaign - plans to finance the acquisition with a combination of a new share issue and loans from a consortium of ten banks.
