News of a Caesars takeover broke this morning, as the announced broke that the company has agreed to a massive acquisition by Fertitta Entertainment. The deal marks a major shift in the gaming industry, as Fertitta moves to finalize a an all-cash transaction valued at approximately 17.6 billion dollars. The deal includes the assumption of about 11.9 billion dollars in debt, taking one of the largest casino operators in the United States private. Under the terms of the agreement, Caesars shareholders will receive 31 dollars per share in cash. This purchase price represents a 49 percent premium to the unaffected…