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Germany's Merck to buy Bio-Techne for $73 per share
Merck KGaA has agreed to acquire biotech firm Bio-Techne Corp for $73 per share in cash, the German science and healthcare firm said in a statement on Thursday.
Bacteria-killing viruses redirect vaccine immunity to destroy cancer
Phages, viruses that infect bacteria, could be genetically manipulated to destroy cancerous cells using the immunity we have acquired from vaccines
Cubs to acquire pitcher David Peterson from Mets for prospect
Cubs BCB After Dark: Cubs acquire David Peterson
The late-night/early-morning spot for Cubs fans asks about the Cubs’ late-night trade.
Former MLB GM Shares Answer To Yankees' Bullpen Woes
The New York Yankees have a clear need in the bullpen, but the team may not have to acquire one through a trade. New York addressed its bullpen at last year's trade deadline, acquiring the likes of David Bednar and Camilo Doval among other relievers. However, Doval has struggled this season, so the ...
Cityblock in talks to buy fellow General Catalyst-backed startup Homeward Health
Cityblock Health in talks to acquire General Catalyst-backed rural care startup Homeward, expanding into Medicare Advantage, source says.
Walmart gets bullish on advertising business with Vibe.co acquisition
The retailer plans to strengthen its higher-margin advertising division through a deal to acquire the CTV tech platform.
Ari Emanuel's Mari is in Talks to Acquire ATG Entertainment
Ari Emanuel's events company Mari, founded in 2025, is in talks to acquire ATG Entertainment. Mari is looking to acquire the West End and Broadway venue owner and ticketing company for £4.5B ($6B).
Ari Emanuel's Mari In Talks To Buy Theater Giant ATG Entertainment
Mari, the events company founded last year by Ari Emanuel, is in advanced talks to acquire West End and Broadway theater giant ATG Entertainment.
Bigger trade now an option after Sharks deal William Eklund for No. 9 draft pick
San Jose Hockey Now's Sheng Peng dissects what could be next for the Sharks after they acquired another top-10 draft pick for William Eklund.
'Magic School Bus' Live-Action Movie Kicks Into Gear as Rob Letterman Hops on Board to Direct
Legendary Entertainment has acquired the rights to the film from Universal.
Hodder Tugboat acquires Seaspan's towing business
Hodder Tugboat Co. Ltd., Richmond, British Columbia, has finalized its purchase of the legacy chip and hog fuel barge division of Seaspan Marine, North Vancouver, British Columbia, the companies annou
Unlikely Vikings Rookie Is Getting All the Buzz
For the first time in years, the Vikings acquired a deep and promising rookie class with several candidates for early […]
Superhuman acquires GPTZero to enhance AI authenticity tools
Superhuman is acquiring GPTZero, the AI detection startup founded by 26-year-old Princeton grad Edward Tian.
Walmart to Buy Vibe.co in Effort to Fuel TV Advertising Business
Walmart Inc. has agreed to acquire Vibe.co in an effort to expand its connected television advertising business, the company said in a statement on Tuesday.
Wicks working to show he's ‘worthwhile' for Eagles with a bet-on-himself deal
It might not be receiver by committee in Philadelphia after all. That’s if newly acquired Dontayvion Wicks has something to say about it.
Breaking Business News: AbbVie To Acquire Apogee Therapeutics
AbbVie is set to acquire Apogee Therapeutics and its pipeline of multiple clinical-stage candidates in development across inflammatory and immunological diseases, including its lead asset, zumilokibart (APG777), a subcutaneous half-life extended monoclonal antibody targeting interleukin (IL)-13 in atopic dermatitis (AD). Under the terms of the transaction, AbbVie will acquire all outstanding shares of Apogee for $135.11 per share in cash. […]
Panthers Acquire Brady Tkachuk From Ottawa In Blockbuster Trade
François Englert, Nobelist Who Helped Predict the ‘God Particle,’ Dies at 93
His work paved the way for the discovery of the Higgs boson, which explained how particles acquire mass, solving one of the deepest mysteries in physics.
Finastra Sells Core Banking Business to Focus on Payments and Lending
Private capital asset manager Pollen Street plans to acquire Finastra’s global core banking software business, Universal Banking (UB), and support UB as
Mu-g Technologies enters the parabolic flight business
A startup has acquired an aircraft to offer commercial parabolic flight services even as NASA seeks to acquire its own aircraft for reduced-gravity flights.
Brewer Science to Acquire Semiconductor Chemical Business Line from Heraeus Epurio
Brewer Science, Inc., a global leader in advanced materials and processes for the fabrication of cutting-edge microdevices, today announced it has entered into an agreement to acquire the semiconductor chemicals business line of Heraeus Epurio, a recognized technology leader in ultrapure electronic chemicals used in semiconductor manufacturing. The transaction will include the Heraeus Epurio semiconductor chemicals production site in Dayton, Ohio, along with the associated sales and support pers
Alexis Ohanian’s VC firm acquires college sports trading card company ONIT
Ohanian plans to lean into ONIT's practice of making trading cards for a wide variety of college athletes, even beyond the biggest sports.
City lawyer rebuffs parking meter owner’s warnings as fight spills into view
Newly obtained documents reveal a growing legal and political battle over Stonepeak's bid to acquire Chicago's parking meter concession and City Council's role in approving the deal.
Rumble Announces Realignment into Two Core Business Units and Renames Newly Acquired Cloud And AI-Infrastructure Business “Quake AI”
Post-merger, Rumble Cloud Renamed Quake AI, Integrating Northern Data OfferingsRumble to Remain the Video and Media Platform’s Core Brand NameCorp...
Rumble Announces Realignment into Two Core Business Units and Renames Newly Acquired Cloud And AI-Infrastructure Business “Quake AI”
Post-merger, Rumble Cloud Renamed Quake AI, Integrating Northern Data Offerings Rumble to Remain the Video and Media Platform’s Core Brand Name Corporate Parent to be Renamed RUM Group Inc. and Will Oversee Two Business Units: Rumble and Quake AI LONGBOAT KEY, Fla., June 17, 2026 (GLOBE NEWSWIRE) -- Rumble (NASDAQ: RUM) today introduced a new business unit and legal name for the company following the closing of its acquisition of Northern Data AG (“Northern Data”). Effective June 18, 2026, under
Health services deal value holds steady in 2026 with higher bar for investment: PwC
The number of health services deals dipped in the first half of 2026 but deal value "remained resilient" as strategic acquirers and dealmakers "reprice risk," according to a midyear outlook report | The number of health services deals dipped in the first half of 2026 but deal value "remained resilient" as strategic acquirers and dealmakers "reprice risk," according to a midyear outlook report from PwC.
Accenture to Acquire Alfahealth, Expanding Digital Health Capabilities to Accelerate Healthcare Transformation in Italy
Accenture has agreed to acquire Alfahealth, a subsidiary of Engineering Group.
Pizza Hut Sold to Two Firms for $2.7 Billion
Yum China will acquire Pizza Hut’s locations in mainland China. The private equity firm LongRange Capital will buy its locations in the United States and elsewhere.
Accel Entertainment (ACEL) Uses Rice Palace Deal to Build More Gaming Density in Louisiana
Accel Entertainment, Inc. (NYSE:ACEL) is one of the best e-gaming and sports betting stocks to buy now. The company’s freshest expansion move came on June 3, when its Toucan Gaming subsidiary acquired the assets of Rice Palace Inc. and South Louisiana Gaming Inc., the owner and operator of Rice Palace Truck Stop Casino in Crowley, […]
Walker Sands acquires Atlanta-based consulting firm
The private equity infusion is being felt in another corner of professional services.
Salesforce to buy Fin for about $3.6 billion
Salesforce said on Monday it had signed an agreement to acquire customer agent company Fin for about $3.6 billion.
PAVS eyes $15–20M cash deal for women's activewear brand Jabanero
Non-binding LOI would see Paranovus pay $15–20M in cash for 100% of Jabanero, a women's activewear brand, as it expands into proprietary brands.
Paranovus Entertainment Technology Limited Signs Non-Binding Letter of Intent to Acquire Jabanero Inc.
NEW YORK, NY / ACCESS Newswire / June 15, 2026 / Paranovus Entertainment Technology Ltd. (NASDAQ:PAVS) ("PAVS" or the "Company"), a consumer products and digital commerce solutions company, today announced that it has entered into a non-binding Letter ...
Fox to acquire Roku in $22 billion deal
Fox CEO Lachlan Murdoch said on Monday that the Roku acquisition marks a "defining moment" for the company.
Fox to buy Roku in $22 billion deal
Fox signed an agreement to acquire Roku in a deal valued at about $22 billion, the companies said.
Timeline: DuJuan McCoy's career led him from Indy to Texas and back
The Circle City Broadcasting owner recently acquired WRTV, his third Indy TV station. Here's a timeline of his 37 years in the business.
18,467 Shares in Live Nation Entertainment, Inc. $LYV Purchased by Dockside LLC
Dockside LLC acquired a new position in Live Nation Entertainment, Inc. (NYSE:LYV - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 18,467 shares of the company's stock, valued at approximately $2,632,000.
SBA moves to revise 8(a) rules while preserving tribal, ANC eligibility
Details By Brian Edwards Native Contracting June 13, 2026 The U.S. Small Business Administration has proposed changes to its 8(a) Business Development Program that would eliminate race-based presumptions of social disadvantage for individually owned businesses while leaving eligibility standards unchanged for tribally owned enterprises, Alaska Native corporations and other Native entity-owned participants. In both the title and summary of the proposed rule published in the Federal Register, SBA emphasized that the changes only apply to individually owned firms and “do not impact entity-owned firms,” including tribes, Alaska Native corporation, Native Hawaiian organizations and community development corporations. The proposed rule, announced June 11, would require all individual applicants seeking admission to the 8(a) program to submit evidence demonstrating social disadvantage. Membership in a racial or ethnic group alone would no longer establish eligibility, according to the SBA. For Indian Country, the agency said eligibility standards for businesses owned by federally recognized tribes, Alaska Native corporations, Native Hawaiian organizations and community development corporations would remain unchanged. The proposal comes after the Department of Defense reaffirmed that participation by tribes and Alaska Native corporations in the 8(a) program is based on their political status under federal law rather than diversity, equity and inclusion initiatives. In a May 28 letter to Alaska's Republican Sens. Lisa Murkowski and Dan Sullivan, Under Secretary of Defense for Acquisition and Sustainment Michael P. Duffey wrote that participation by federally recognized tribes and Alaska Native corporations in federal programs is “grounded in their political status as Native Americans, not DEI initiatives.” The SBA proposal follows a 2023 federal court ruling that found unconstitutional the program's rebuttable presumption that members of certain racial and ethnic groups were socially disadvantaged. SBA Administrator Kelly Loeffler said the proposed rule would establish a single standard for individually owned applicants by requiring evidence of social disadvantage. The 8(a) Business Development Program provides participating firms with business development assistance and access to federal set-aside and sole-source contracting opportunities. The program remains a major source of federal contracting revenue for tribal enterprises and Alaska Native corporations. Native-owned firms received $16.1 billion of the program's approximately $26 billion in federal contract awards during fiscal 2024, according to data previously reported by Tribal Business News. The proposal also arrives amid ongoing concerns from Native contractors about SBA administration of the program. In May, the Native American Contractors Association and 53 Native-owned businesses urged SBA to address delays in processing 8(a) applications, saying some reviews had stretched beyond regulatory deadlines and appeared to have stalled since August 2025. The proposed rule is open for public comment through July 13. The Federal Register notice does not reference tribal consultation or indicate whether SBA determined consultation was unnecessary because tribal eligibility standards are unchanged. The SBA has not announced when the proposed rule would take effect. The agency is expected to accept public comments before issuing a final rule.About The AuthorAuthor: Brian EdwardsBrian Edwards is associate publisher and associate editor of Tribal Business News and Native News Online. He is a longtime publisher, editor, business reporter and serial entrepreneur. Subscribe Today!Other Articles by this authorDefense Department reaffirms tribal, ANC eligibility in SBA 8(a) programTribal heritage projects eligible for up to $100K in federal funding through NPS programIHS launches tribal long-term care construction initiative with three projectsIḷisaġvik College acquires site for long-planned Utqiaġvik campus This article is available to paid digital subscribers. Click here to sign in or get access.
Flexjet Acquires High-Profile Aircraft Broker The Jet Business
The Jet Business, with over 2.5 million followers on TikTok, is now part of Flexjet, Inc. The deal offers both companies a number of benefits.
FDA clears new computer-assisted device for removing clots in stroke patients
The Thunderbolt device from California-based Penumbra uses modulated aspiration to detect and remove blood clots. Back in January, Boston Scientific agreed to acquire Penumbra for approximately $14.5 billion.
Gamehost Shareholders Approve Sale to Pure Casino Entertainment
Red Deer, Alberta--(Newsfile Corp. - June 12, 2026) - Gamehost Inc. (TSX: GH) ("Gamehost") announced that its shareholders (the "Gamehost Shareholders") have approved its previously announced transaction with Pure Casino Entertainment Limited Partnership ("Pure") pursuant to which a subsidiary of Pure will acquire all of the outstanding common shares of Gamehost (the "Gamehost Shares") for $13.65 in cash per share (the "Transaction"). The Transaction was approved at a special meeting of the...
Flexjet Acquires The Jet Business, Names Varsano President
The Jet Business will steer Flexjet fleet additions, subtractions
MLB’s Rangers Sports Network joins pursuit of NBA teams’ local broadcasts
The Texas Rangers Sports Network is currently trying to acquire the local broadcast rights to various NBA teams that exited Main Street Sports Group, through a mostly direct-to-distributor model that somewhat mirrors Fubo’s failed attempt to do the same.
Falcons reportedly acquire OT Wanya Morris from Chiefs for 2027 sixth-round draft pick
Pokémon Go Data Wasn’t Shared With Drone Company, Niantic Spatial Says
The company says it no longer receives data from the monster-catching app after Niantic was acquired by Scopely
Phillies Acquire Outfielder from White Sox
After losing Johan Rojas for the rest of the season, the Phillies have traded for a center fielder.
Wanya Morris trade grades: Falcons acquire young Chiefs OT in late-round pick swap
Atlanta has welcomed two former Kansas City right tackles this offseason
EVO Entertainment Announces Acquisition of Former Xscape Theatre, plans transformation into 70,000-Square-Foot Cinema Entertainment Destination in Fulshear
EVO Entertainment today announced that is has acquired the former Xscape Theatre property at 26616 FM 1093 and plans to redevelop the site into a nearly 70,000-square-foot entertainment destination serving the growing Katy-Fulshear community. Construction is expected to begin soon, with the venue scheduled to open in Summer 2027.
EVO Entertainment to bring 'entertainment destination' to Fulshear
EVO Entertainment has acquired the former Xscape Theatre property in Fulshear with plans to redevelop the site into a nearly 70,000-square-foot
Lucent Health Group Acquires Chambers Home Health & Hospice
Texas-based Lucent Health Group has acquired Chambers Home Health & Hospice. Financial terms were undisclosed. Chambers is a regional home health and
Bleecker Street, Ld Entertainment acquire Anton Corbijn’s ‘A Talent For Murder’ with Helen Mirren
IMDb es la fuente de contenido de películas, programas de TV y celebridades más popular y confiable del mundo.
Bleecker Street, Ld Entertainment acquire Anton Corbijn’s ‘A Talent For Murder’ with Helen Mirren
IMDb, la source la plus populaire et la plus fiable au monde en matière de films, de télévision et de célébrités.
Helen Mirren's 'A Talent for Murder' Acquired by Bleecker, LD Entertainment
Bleecker Street and LD Entertainment acquired U.S. rights to "A Talent for Murder," starring Helen Mirren, Alden Ehrenreich and Olivia Cooke.
Bleecker Street, LD Entertainment acquire Anton Corbijn’s ‘A ...
Oscar winner portrays celebrated novelist Patricia Highsmith in new thriller.
Why this teen founder walked away from his multimillion-dollar company
MyFitnessPal acquired Cal AI, an AI-powered calorie-tracking app that 19-year-old Zach Yadegari cofounded while he was in high school, last year.
Baton Rouge brick company rebrands through Ascension acquisition
Cocreham Brick has rebranded as The Brick Company and acquired Gonzales-based Economy Brick, a move that expands the Baton Rouge company’s footprint into Ascension Parish and strengthens its position in Louisiana’s building materials market. The company, which has operated in Louisiana under the Cocreham Brick name for more than 75 years, announced the rebrand and […]
Elation Health acquires Aster as it ramps up agentic AI for primary care
Health tech company Elation Health acquired startup Aster to propel the company's development of an agentic AI operating system for primary care. | Health tech company Elation Health acquired startup Aster to propel the company's development of an agentic AI operating system for primary care.
Ingredion is in advanced talks to acquire Tate & Lyle for $3.6B
Ingredion Inc. is in advanced talks to acquire Tate & Lyle Plc in a deal valued at £2.7 billion ($3.6 billion), people with knowledge of the matter said, as another famous brand prepares to leaves the London stock market.
Brewers Add Reliever Joel Kuhnel in Trade With Athletics
The Milwaukee Brewers acquired right-handed reliever Joel Kuhnel from the Athletics for cash considerations.
Blue Fox Entertainment Acquires iPic Theaters in Los Angeles and Manhattan
Blue Fox Entertainment Group announced Friday its acquisition of two cinema locations previously owned and operated by iPic Theaters.
Byrider back in gear after pandemic era struggles
Since a group of Byrider franchisees acquired the company in September 2024, it has installed a new senior leadership team, made a major investment in software technology and made other changes to lay the groundwork for a return to growth.
Blue Fox Entertainment Acquires Westwood, New York iPic Theaters
Blue Fox Entertainment has acquired two iPic locations in Los Angeles' Westwood Village and New York and will rebrand them as The Cinemas.
Eli Manning’s Private Equity Firm Buys Youth Sports Company Behind NFL Flag
Brand Velocity Group, a private equity firm whose partners include Eli Manning, has acquired RCX Sports, the youth sports operating partner for the NFL and other leagues.
Eli Manning's private equity firm acquires licensing company for NFL Flag in bet on youth sports
Eli Manning's Brand Velocity Capital announced a deal to acquire youth sports company RCX amid congressional bill to ban private equity from youth sports.
Private equity firm acquires Heritage Imaging
ACP Partners is buying the Boise, Idaho-based mobile diagnostic imaging provider for an undisclosed sum, planning to pursue further add-on deals.
Did the Patriots overpay for A.J. Brown?
Four years after the Eagles gave up a first-round pick and a third-round pick to acquire receiver A.J.
Fertitta Entertainment to Acquire Caesars Entertainment, Inc. (CZR): A Top Sin Stock to Buy
Caesars Entertainment, Inc. (NASDAQ:CZR) is one of the best sin stocks to buy now. On May 15, reports emerged indicating Tillman Fertitta is moving closer to acquiring Caesars Entertainment, Inc. (NASDAQ:CZR). Several banks have already committed to a multi-billion-dollar debt financing package. Following these reports, on May 28, Caesars Entertainment, Inc. (NASDAQ: CZR) officially announced […]
Browns newly acquired DE Jared Verse's jersey number revealed
Dillon Gabriel is no longer wearing No. 8 for the Browns as Jared Verse has been spotted in his original number in Cleveland
Sean McVay breaks his silence on Aaron Donald returning
The Los Angeles Rams made a blockbuster trade with the Cleveland Browns to acquire the reigning Defensive Player of the Year in the NFL, Myles Garrett, who is coming off an NFL record-setting 23-sack season. Since acquiring the NFL’s single-season sack record holder, there has been more and more buzz surrounding a potential return of…
Caleb Durbin Finally Playing Like Player Red Sox Expected
The Boston Red Sox acquired Caleb Durbin in the offseason, but he got off to a very slow start to the season.
Milwaukee shouldn’t trade Giannis Antetokounmpo for one major reason
With constant trade talks swirling around superstar Giannis Antetokounmpo, this could be the summer a blockbuster deal finally happens. The Bucks’ owner has made comments about wanting to make a move before the NBA Draft to acquire assets, and looking…
B2B marketer makes comedy skits for LinkedIn to acquire clients
Henry Hayes is gaining traction and new client leads by posting comedy skits on LinkedIn, like a recent "Grand Theft Auto" spoof.
Riverhead Town approves eminent domain to seize Long Island Science Center
In a 3-1 vote, the Riverhead Town Board approved a resolution to go forward with eminent domain proceedings to acquire the Long Island Science Center.
Myles Garrett Sends Clear Message to Rams Fans
The Los Angeles Rams acquired star defensive end Myles Garrett from the Cleveland Browns. Garrett has addressed his new fan base.
Astros vs. Pirates Game Thread: Game 62, 6/2/2026
TONIGHT’S GAME: The Houston Astros (27-34), who are 7-3 in their last 10 games, will continue their nine-game homestand tonight as they open a three-game series against their former divisional opponent, the Pittsburgh Pirates (32-28). RHP Mike Burrows (3-6, 5.40 ERA), who was acquired from the Pirates this offseason, will open the series against his […]
Andrew Yang’s upstart cell phone business acquires Helium Mobile
Noble Mobile plans to keep Helium’s low-cost cellular plans intact
Servier to buy Edgewise's muscular dystrophy business for $2.65bn
Servier has signed an agreement to acquire Edgewise Therapeutics’ muscular dystrophy business in a deal valued at up to $2.65bn.
A.J. Brown trade details revealed for Patriots, Eagles
Here's everything the New England Patriots gave up to acquire Philadelphia Eagles star receiver A.J. Brown in a trade.
Twins acquire righty reliever Justin Lawrence from Pirates for cash
The Minnesota Twins acquired right-handed reliever Justin Lawrence from the Pittsburgh Pirates for cash on Monday night. The 31-year-old Lawrence was 0-2 with a 5.32 ERA in 23 appearances for the Pirates this season. Lawrence debuted with Colorado in 2021 and spent four seasons with the Rockies before Pittsburgh claimed him off waivers in March 2025.
Todd Monken believes it'd be 'slippery slope' for Browns to acquire Brendan Sorsby considering QB's gambling issues
One Roof Sports and Entertainment Announces Investor Update
New investment in Seattle Kraken’s parent company comes as team acquires a controlling interest in Climate Pledge Arena
One Roof Sports and Entertainment Announces Investor Update
New investment in Seattle Kraken’s parent company comes as team acquires a controlling interest in Climate Pledge Arena
PlayStation To Eliminate 1,000 More Shovelware Games From Store
PlayStation has acquired a major shovelware publisher, which will lead to the delisting of over 1,000 games.
Servier to Acquire Edgewise Therapeutics' Muscular Dystrophy Business
/PRNewswire/ -- Servier, an independent international pharmaceutical group governed by a foundation, today announced that it has entered into an agreement to...
Bridgepoint Group to Acquire Obagi Medical
The UK firm investment firm has agreed to purchase the clinical skincare label from Waldencast for $460 million, with co-founders Michel Brousset and Hind Sebti departing the beauty conglomerate to join Bridgepoint.
Rockets owner Tilman Fertitta Strikes Major Deal to Acquire Caesar's Entertainment
Houston Rockets owner Tilman Fertitta has grown his business portfolio quite significantly, of late. This month, Fertitta was granted team ownership of the WNBA
Caesars Entertainment to be acquired by Fertitta in $17B deal
Caesars Entertainment has reached a deal with Fertitta Entertainment to be acquired. Fertitta is Texas billionaire Tilman Fertitta’s company. It owns Saltgrass Steakhouse, Golden Nugget Casinos, and the Houston Rockets. The deal could have local implications for the Mississippi Gulf Coast where Caesars operates the Harrah’s Gulf Coast Casino in Biloxi. Under the agreement, Caesars shareholders would receive 31 dollars...
Fertitta Entertainment to acquire Caesars in $17.6B deal tied to Atlantic City
Fertitta Entertainment, owner of Golden Nugget Atlantic City, agreed to acquire Caesars Entertainment in a $17.6 billion deal.
Caesars Entertainment, a Las Vegas Strip icon, is sold for $6 billion
Caesars Entertainment is being acquired for almost $6 billion by Fertitta
Fertitta Entertainment to buy Caesars for $17.6 billion
Fertitta Entertainment will acquire Caesars Entertainment in a $17.6 billion deal, creating one of the largest hospitality and gaming giants.
Fertitta Entertainment Agrees to Acquire Caesars Entertainment in $17.6B Deal
HOUSTON, LAS VEGAS AND RENO, NEV. — Fertitta Entertainment Inc., a private holding company controlled by the NBA’s Houston Rockets governor (i.e. owner) Tilman Fertitta, has entered into a definitive agreement to acquire casino and gaming giant Caesars Entertainment (NASDAQ: CZR) for $17.6 billion. Fertitta Entertainment plans to finance the acquisition through a combination of equity, assumed Caesars’ outstanding debt (approximately $11.9 billion) and new committed debt financing arranged by a consortium of 10 banks. Under terms of the agreement, Caesars shareholders will receive $31 in cash for each outstanding share, which represents a 49 percent premium to the company’s unaffected stock price on Feb. 25 (the last trading day before rumors of a potential transaction were reported) — $20.77 per share. Upon completion of the transaction, shares of Caesars Entertainment common stock will no longer be listed on the NASDAQ stock exchange. Caesars operates several major Las Vegas Strip properties, such as Caesars Palace, Harrah’s, Paris Las Vegas, Planet Hollywood, Horseshoe, The LINQ Hotel, Flamingo and The Cromwell. Fertitta Entertainment owns Golden Nugget Hotels & Casinos and operates more than 450 full-service restaurants around the world, including Landry’s, Rainforest Café and Morton’s. According to the press releases issued by both companies,…
What will the deal to acquire Caesars Entertainment mean for Las Vegas? Gaming expert weighs in
Abel Garcia talks to Nevada Independent senior reporter Howard Stutz about the far-reaching impacts of Fertitta Entertainment's deal to acquire Caesars Entertainment.
Billionaire Tilman Fertitta to acquire Caesars Entertainment for $17.6B
The lucrative deal combines the hospitality magnate's leisure empire with one of the two largest casino operators in Las Vegas.
Caesars Entertainment board agrees to acquisition by Golden Nugget owner
Harrah’s, owned by Caesars Entertainment, may soon have a new owner after Caesars announced it entered into an agreement to be acquired by Fertitta Entertainment Inc.
Tilman Fertitta to acquire Caesars Entertainment for $5.7B
The deal, which also includes $11.9 billion in debt, would create a giant network of casinos, hotels and restaurants.
Tilman Fertitta set to acquire Caesars in $17.6 billion deal
Fertitta Entertainment and Caesars Entertainment have reached a deal that will yield an expanded nationwide casino, restaurant and hotel empire.
Starboard Entertainment Acquires David Ferino's ‘Wardcliffe’
Starboard Entertainment has acquired 'Wardcliffe', a pandemic thriller from writer-director David Ferino.
Caesars Entertainment sold to Fertitta for $5.7 billion; combined company to control 4 Atlantic City casinos
Caesars Entertainment is being acquired for almost $6 billion by Fertitta, the company that owns Las Vegas' Golden Nugget and chains like Rainforest Cafe and Morton's.
Caesars Entertainment Agrees to Be Acquired by Fertitta Entertainment
Caesars Entertainment, Inc. has entered into a definitive agreement to be acquired by Fertitta Entertainment, Inc. in an all-cash transaction valued at approximately $17.6 billion, including the assumption of approximately $11.9 billion of Caesars’ outstanding debt.