Caesars edges up after $17.6B Fertitta deal, but CZR struggles under $31
• Fertitta Entertainment is buying Caesars for $31 a share in cash, a deal worth roughly $17.6 billion including debt.• Caesars shares were up about 1.6% at $29.25 early on Nasdaq, still under the offer price.• Caesars has a “go-shop” period to seek better bids through July 11, after agreeing to the sale.
