Caesars Fertitta Buyout Approved by Shareholders
Shareholders have officially approved the Caesars Fertitta Buyout proposal during a special meeting held at the Eldorado Resort Casino in Reno. The decision marks a major milestone for Fertitta Entertainment as it moves forward with its plan to acquire the casino giant. According to documentation f…
Shareholders have officially approved the Caesars Fertitta Buyout proposal during a special meeting held at the Eldorado Resort Casino in Reno. The decision marks a major milestone for Fertitta Entertainment as it moves forward with its plan to acquire the casino giant. According to documentation filed with the Securities and Exchange Commission, investors overwhelmingly supported the acquisition, clearing one of the largest corporate hurdles in the transaction process. The official vote tallies showed 133,313,001 votes cast in favor of the merger proposal, while 4,276,986 votes were submitted against it. Another 5,687,952 shares were recorded as abstentions. Overall, the affirmative votes... The post Caesars Fertitta Buyout Approved by Shareholders appeared first on This Week in Gambling.