Caesars stock jolts on Fertitta takeover chatter — what CZR investors watch next
Caesars Entertainment shares surged 19% Thursday after reports of takeover interest, including an approach linked to Tilman Fertitta and a possible management-led buyout. The stock closed at $24.74, with trading volume spiking to 16.9 million shares. Talks are ongoing but could collapse, with Caesars’ $20 billion debt seen as a major hurdle. Traders await formal comment or further disclosures.
