---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-242995"
form_type: "8-K"
ticker: "CZR"
cik: "0001590895"
company_name: "Caesars Entertainment, Inc."
filed_at: "2026-05-28T11:23:56+00:00"
generated_at: "2026-05-28T11:25:13.849884+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# Caesars Entertainment to be acquired by Fertitta Gaming Holdco for $31/share plus ticking fee

## Summary
- Merger consideration of $31.00/share plus $0.007150/day ticking fee if closing after June 26, 2027.
- Go-shop period until July 11, 2026; company can solicit alternative proposals and may terminate for superior proposal.
- Company termination fee of $200M (or $100M in certain early-termination scenarios); reverse termination fee of $450M payable by Parent.
- Recreational Enterprises (~5% stake) entered voting agreement to support merger; committed debt financing secured.
- Conditions include stockholder approval, HSR clearance, and gaming regulatory approvals; expected close by May 27, 2027.

## SEC filing metadata
- accession: 0001193125-26-242995
- form_type: 8-K
- ticker: CZR
- cik: 0001590895
- company_name: Caesars Entertainment, Inc.
- filed_at: 2026-05-28T11:23:56+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1590895/000119312526242995/0001193125-26-242995-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1590895/000119312526242995/d143382d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-242995
- JSON: https://secwatch.observer/filing/0001193125-26-242995.json
- Plain text: https://secwatch.observer/filing/0001193125-26-242995.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.