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878 Caesars Agrees to $5.7 Billion Takeover by Tilman Fertitta

Skift
Sean O'Neill @ Skift · 05/28/2026 07:56 EDT

Caesars Agrees to $5.7 Billion Takeover by Tilman Fertitta

Billionaire Tilman Fertitta is buying a debt pile with a casino company attached. His firm is assuming $11.9 billion of debt from Caesars while putting up $5.7 billion to acquire it. Expect asset sales as an endgame.

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