Las Vegas-based Caesars Entertainment Corp. (Nasdaq: CZR) has declined to merge with Houston billionaire Tilman Fertitta’s Golden Nugget company.
Caesars revealed its decision in its third-quarter earnings report released Nov. 1.
“The board considered the proposal, in consultation with its legal and financial advisors, and determined that it is not consistent with the company’s plans to create and enhance shareholder value over the long term,” the earnings report states. “The board…
