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Travel & Entertainment M&A image Travel & Entertainment M&A » By The Online Investor Staff, updated Tue., Aug. 9, 3:09 AM Recent mergers and acquisitions in the Travel & Entertainment M&A category.

Slide #23. Caesars Entertainment Non-Gaming Assets Of Atlantic Club

Acquirer: Caesars Entertainment (NASDAQ:CZR)
Acquiree: Non-Gaming Assets Of Atlantic Club
Details: Caesars Entertainment Corporation (NASDAQ: CZR) today confirmed that its subsidiary, Caesars Entertainment Operating Company, Inc., has agreed to acquire the non-gaming assets of the Atlantic Club, including the real property, in a bankruptcy auction, pending approval of the bankruptcy court.

Caesars Entertainment is a holding company. Through its subsidiaries, Co. is a gaming and hospitality company. Co.'s business includes: casino operations, which provide slot machines and table games including poker; food and beverage operations, which provide dining venues, bars, nightclubs, and lounges at its casinos, as well as room service in its hotels; hotel operations, which provide hotel stays at its properties in guest rooms and suites; casino management services, which provides staffing and management services; and entertainment and other non-gaming operations, which provides various retail and entertainment offerings at its properties, including online sports betting and iGaming.

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Company Name: 
Caesars Entertainment Inc (New)
Stock buyback: 
CZR buyback
Website: 
www.eldoradoresorts.com
Sector: 
Hotels, Lodging, Restaurants & Travel
Number of ETFs Holding CZR: 
83
Total Market Value Held by ETFs: 
$1.51B
Total Market Capitalization: 
$10.33B
% of Market Cap. Held by ETFs: 
14.59%
 

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Strong Buy (3.50 out of 4)
50th percentile
(ranked higher than approx. 50% of all stocks covered)

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CZR Stock Forecast

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