Not over yet: Houston billionaire Tilman Fertitta’s eight-month pursuit of Caesars Entertainment ended Monday after Eldorado Resorts said it was buying the Las Vegas casino giant in a $17.3 billion deal that would create the world’s largest gaming company, but the businessman—whose company bought Louisiana-based Waitr last year—may still be able to get a slice of Caesars’ vast empire. Read more.
Case closed: The Department of Justice closed its investigation into the Vantage acquisition by Blue Cross Blue Shield after its antitrust division determined the merger would unlikely harm consumers. Blue Cross announced in October that it would acquire a majority ownership in Vantage. The Louisiana Department of Insurance held a public hearing and approved the transaction in December, contingent upon the antitrust division’s approval. Read more.
Congratulations: Chris Meaux, founder and CEO of Waitr, has won the 2019 Entrepreneur of the Year Award in the Gulf Coast area, presented by Ernst & Young LLP. The award recognizes entrepreneurs who are excelling in areas such as innovation, financial performance and personal commitment to their businesses and communities, while also transforming our world.