Caesars Shareholders Approve $31/Share Fertitta Buyout with 65.4% Support
CZR sits 65% above its 52-week low of $17.86.
Summary
Caesars shareholders approved the $31/share Fertitta buyout with 65.4% support. The merger now awaits FTC clearance after a Second Request extended the HSR waiting period.
Updates
· Seeking Alpha — The $17.6B deal includes roughly $11.9B of debt. Shares closed at $29.61, a 4.5% discount to the deal price.
Key Events · M&A and Partnerships · CZR
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Merger Proposal Approved
Stockholders approved the Fertitta merger with 133,313,001 votes for (65.4% of outstanding shares), 4,276,986 against, and 5,687,952 abstentions.
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Advisory Compensation Proposal Approved
The non-binding advisory vote on merger-related executive compensation passed with 127,682,915 votes for and 9,485,566 against.
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Quorum and Turnout
70.3% of outstanding shares (143,277,939 of 203,780,124) were represented at the special meeting, constituting a quorum.
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FTC Second Request Pending
The merger still requires FTC clearance; a Second Request issued September 17 extended the HSR waiting period, adding regulatory uncertainty to closing.
Analysis · CZR · Real Estate & Construction
Caesars stockholders voted overwhelmingly to approve the $31.00 per share all-cash acquisition by Fertitta Entertainment, with 65.4% of outstanding shares voting in favor. The merger now moves to closing, subject to FTC antitrust review, which was extended by a Second Request on September 17. The vote removes the last major shareholder-level hurdle, but the deal still faces regulatory uncertainty.
How filings like this one have moved
In the 30 days to Sep 30, 2026, 34.9% of the 1009 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.52%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, CZR was trading at $29.51 on NASDAQ in the Real Estate & Construction sector, with a market capitalization of approximately $6B. The 52-week trading range was $17.86 to $30.88. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.