Mergers & AcquisitionsMedium•25 September 2026•
1 min read
Caesars Entertainment Shareholders Approve $31 Per Share Cash Merger
Key Facts
1Caesars Entertainment shareholders approved Tilman Fertitta's cash merger acquisition at $31 per share.
2CZR stock rose 4.5% pre-market to $29.61, with a price gap remaining due to pending regulatory conditions.
Caesars Entertainment shareholders approved Tilman Fertitta's cash merger acquisition at a price of $31 per share. Ad Hoc News reported that approximately 65.4% of outstanding shares voted in favor of the $17.6 billion deal, clearing a primary milestone for the transaction.
CZR closed at $29.62 on September 24, 2026, rising 4.5% to remain $1.39 below the agreed consideration. This price gap reflects pending state and federal regulatory conditions that remain necessary to finalize the merger agreement.