https://www.reviewjournal.com/business/casinos-gaming/caesars-entertainment-to-be-acquired-by-fertitta-entertainment-3830210/
Tilman Fritatta - the guy who owns Golden Nugget - is buying them. Make of that what you will.
https://www.reviewjournal.com/business/casinos-gaming/caesars-entertainment-to-be-acquired-by-fertitta-entertainment-3830210/
Tilman Fritatta - the guy who owns Golden Nugget - is buying them. Make of that what you will.
From the WSJ.
The companies said the deal will be funded through Fertitta equity, assumed Caesars debt, and debt financing from a group of 10 banks
Note the last part of the above; more debt. Expect some sales to bring the debt level down