MONSEY, N.Y., Sept. 02, 2026 (GLOBE NEWSWIRE) — The law firm of Wohl & Fruchter LLP has renewed its investigation into the fairness of the proposed sale of Caesars Entertainment, Inc. (Nasdaq: CZR) (“Caesars”) for $31.00 per share in cash to Fertitta Entertainment.
Wohl & Fruchter originally launched its investigation because the sale price is well below the prices targets of multiple Wall Street analysts before the deal was announced.
Wohl & Fruchter has renewed its investigation of the proposed sale after further review of the definitive proxy filed by Caesars with the SEC on August 25, 2026, soliciting Caesars stockholders to approve the proposed sale at a vote presently scheduled for September 22, 2026.
Among other things, the proxy provided details concerning the discussions between the Caesars board and the Icahn Group after the Icahn Group submitted a bid of $34.00 per share in cash during the go-shop period.
If you remain a Caesars shareholder and have concerns about the fairness of the sale price, you may contact our firm at the following link to discuss your legal rights at no charge:
https://wohlfruchter.com/cases/caesars-entertainment/
Alternatively, you may contact us by phone at 866-833-6245, or via email at alerts@wohlfruchter.com.
“We are investigating whether the Caesars board of directors acted in the best interests of Caesars shareholders in recommending the sale,” explained Joshua Fruchter, a founding partner of Wohl & Fruchter. “This includes whether the sale price is fair to Caesars shareholders, and whether all material information regarding the transaction has been fully disclosed. We encourage Caesars shareholders to contact the firm if they have any concerns.”
About Wohl & Fruchter
Wohl & Fruchter LLP has for over a decade been representing investors in litigation arising from fraud and other corporate misconduct, and recovered hundreds of millions of dollars in damages for investors. Please visit our website, www.wohlfruchter.com, to learn more about our Firm, or contact one of our partners.
Contact:
Wohl & Fruchter LLP
Joshua E. Fruchter
Toll Free 866.833.6245
alerts@wohlfruchter.com
www.wohlfruchter.com
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