Caesars Stock Up After Merger Potential

Caesars Stock Up After Merger Potential

Caesars stock up after merger potential.

Caesars stock
is up after Golden Nugget Casinos owner Tilman Fertitta has approached Caesars Entertainment about merging it with his own gaming empire. Caesars shares were up about 7% on this news.

Caesars stock is down year-to-date. After hitting $14.50 on February 1st, Caesars shares are now worth $9.53. CZR stock was halted due to the trading volatility.

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News will be developing about this situation. It is unclear whether Caesars will entertain the offer. Tilman Fertitta is contemplating a reverse merger, in which Caesars would be the acquirer. – Save up to 40% + an extra 10% off with code SUNFUN2018. Book by 11/30, Travel by 3/31/19.

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