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Fertitta executives told Nevada gaming regulators the $17.6 billion Caesars takeover should close in nine to 10 months, even as Carl Icahn reportedly weighs a rival bid.
Fertitta Entertainment is set to acquire Caesars in a landmark $17.6 billion deal, creating the largest gaming company in US history and raising major questions about the future of Caesars Sportsbook and its digital casino operations.
Fertitta Entertainment's Caesars acquisition would give Tilman Fertitta control of 5 of Atlantic City's 9 casinos, putting the deal on a collision course with New Jersey gaming regulators who have the power to demand divestitures.
