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GlobeNewswire·

CZR Alert: Monsey Firm of Wohl & Fruchter Renews Investigation of the Proposed Sale of Caesars Entertainment to Fertitta Entertainment

  • Wohl & Fruchter LLP renewed its investigation into the fairness of Caesars Entertainment's proposed $31.00 per share cash sale to Fertitta Entertainment.
  • The firm originally launched the probe because the sale price fell below multiple Wall Street analyst price targets prior to the deal announcement.
  • The renewed investigation follows a review of Caesars' definitive proxy filed with the SEC on August 25, 2026.
  • Shareholder approval for the transaction is currently scheduled for September 22, 2026.
  • The proxy revealed discussions between the Caesars board & the Icahn Group after the Icahn Group submitted a competing $34.00 per share cash bid during the go-shop period.
  • Joshua Fruchter, a founding partner, stated the firm is assessing whether the board acted in shareholders' best interests & whether all material information was fully disclosed.
  • Caesars shareholders may contact Wohl & Fruchter at no charge via phone, email, or their website to discuss legal rights regarding the sale.