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Caesars Entertainment (CZR) Skyrockets 19% on Acquisition Buzz
Caesars Entertainment Inc. (CZR) saw its shares jump by 19.11% following reports of potential acquisition offers, including one from entertainment tycoon Tilman Fertitta. The company is reviewing these offers, as well as an alternative buyout led by management. This news comes after Caesars reported a widened net loss in the previous year, despite an increase in net revenues.