Caesers bought out and going private

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

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