$CZR Buyers may fight to get Caesars, investors won't complain

CAESARS entertainment has been on our radar for a while now. Recent activity in the options market HAD SIGNALED significant gains were ahead. As we had stated in our earlier analysis the company could very well be sold, today the Wall Street Journal are reporting that NASDAQ:ERI is finalizing a cash and stock deal to acquire the company and that it may be announced later this month. This may encourage others to join the bidding process, so investors will be hoping for a bidding war to ensue.