Caesars Entertainment Inc. Shareholders Approve Merger With Fertitta Entertainment for $17.6 Billion

Caesars Entertainment Inc. shareholders have overwhelmingly accepted Fertitta Entertainment’s proposed $17.6 billion acquisition of the gaming company, according to a regulatory filing released Wednesday.

Shareholders of record as of August 21 were eligible to vote. The merger required approval from a majority of the 203,780,124 shares outstanding as of record date, meaning 101,890,063 shares would be needed for the deal to be approved.

Read more at CDC Gaming