Las Vegas casino group Caesars weighs takeover interest, FT reports
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FILE PHOTO: Caesars Palace Las Vegas Hotel and Casino is seen on the Las Vegas Strip in Las Vegas, Nevada, U.S. February 26, 2018. REUTERS/Darrin Zammit Lupi/File Photo
Feb 26 (Reuters) - Caesars Entertainment is weighing takeover offers from several potential bidders, including a bid from Texas gaming and hospitality billionaire Tilman Fertitta, the Financial Times reported on Thursday.
Caesars has received an offer from Fertitta Entertainment, the group behind the Golden Nugget casino chain, the report said, citing people familiar with the matter.
The company is also considering a possible management-led buyout, the FT report added.
Caesars declined to comment on the report.
Shares of the company closed up about 19% on Thursday after the news.
(Reporting by Parth Chandna; Editing by Maju Samuel)
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