Caesars Entertainment Inc
CZR: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| &% | LOCK|g@f | LOCK|VP^!%ZPx |
Caesars' US Properties Stand To Benefit From Infrastructure Investment
Business Strategy and Outlook
Caesars agreed to be acquired by Fertitta Entertainment for $31 per share in cash on May 28. The $17.6 billion transaction adds casinos under the Golden Nugget brand to Caesars' existing portfolio of roughly 50 casinos. Caesars' management team is expected to remain with the new company.
