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7 blackjackThe Caesars board rejected the offer, saying it undervalued the firm and wasn’t “consistent with the company’s plans to create and enhance shareholder value over the long term.1 percent year-over-year to roughly 3.” Fertitta has since made a substantial investment in Caesars.A reverse takeover by a regional operator is likelier in his opinion.ts in the US.“I believe the best path forward for Caesars requires a thorough strategic process to sell or merge the company to further develop its already strong regional presence,” Icahn declared.luckyland casino promo code