that between will be positive for eldorado in terms of helping to finance the deal.hey're going to be paying $154 million in annual rent for the three sale leaseback really of those properties. so win here for carl icahn the stock started clamoring for potential sale owns what 120 million shares, $9.21, average cost, best we can tell from his various filings. and so pretty big win for him. he does come out in a statement and say some very nice things about how this is what boards are supposed to be doing, in this day and age, and how so few do them. i'm paraphrasing in terms of what he's talking about. but overall people pleased with the price, i think, somewhat surprised how high it was. you are going to see a fairly large arm spread here. a lot of state approvals eldorado stock is down you have that vicci deal as well i'm not sure it was fully expected. >> few steps in the process obviously. i was wondering what the read through is in terms of the valuation at the deal price in terms of the enterprise value to cash is there any way to say, okay, this is how it comp

casino operator eldorado resorts has agreed to buy caesars entertainment at $17300000000.00 in a cash and stock deal announced over the weekend eldorado will acquire all of the outstanding shares a caesars for 12 dollars and $0.75 per share consisting of $8.40 cash and point 089 shares of eldorado stock creating the largest casino owner and operator in the united states this deal has been highly anticipated as billionaire activist investor carl icahn has been pushing the company to sell itself ever since the company emerged from bankruptcy and 2017 icon holds 28.5 percent of caesars and has been very of active in the negotiations to help turn around the struggling company added to the deal properties a wreath will acquire the real estate assets of the caesars on her resort in atlantic city laughlin and new orleans for approximately 1800000000 dollars so uses up 16 percent today while eldorado is trading down 8 percent as the merger is subject to the approval of the 2 gambling companies shareholders as well as gayman trade regulators it is expected to finalize in 2020 this is so intere

caesars entertainment has been sold for $17.3 billion to eldorado resorts. the buyout with 60 casinos under a single umbrella which will be called caesars. this comes after they declared bankruptcy in 2017. >>> a new study suggests coffee could be the secret to battling obesity. researchers say drinking a cup of coffee could stimulate what is known as brown fat reserves which would play a key role on how quickly you can burn calories. drinking coffee may have many health benefits including a lower risk of diabetes but there are some mornings. >> after 3 cups a day what i also want to push is no coffee after 1:00 or 2:00. if you have one it 1:00 it will only be half the level by 7:00 at night so even if you sleep it will not be the deep restful sleep. >> researchers are stumbling studying caffeine supplement >>> >>> they are looking for a stolen chicken going by the name of big red. authorities say was stolen over the weekend. it stands over 7 feet tall and great thousands of commuters on crown canyon road every day. >>> coming up, how much money it would tak

arrastrada por el agua, segÚn indicÓ un comunicado del departamento de alguaciles del condado de eldoradosidente trump y la notable ausencia del exvicepresidente. igualmente notable fue momento en que un participante arrancÓ de las manos el micrÓfono a la senadora. veamos. el hombre que interrumpiÓ abruptamente el foro en san francisco es un activista de los derechos de los animales. subiÓ al escenario 10 minutos despuÉs de que la senadora comenzarÁ con su discurso. el esposo de la senadora se sumÓ a los agente de seguridad al ver que el manifestante se negaba a abandonar el escenario. ramÓn: entÉrese de lana media que le parlamento de esta implementa para los solicitantes de visas de los estados unidos. palmira: y bouquet le asumiÓ el poder con el presidente del salvador mÁs joven en la historia de ese paÍs. >> se bate un rÉcord en la cantidad de rarezas enviadas a mÉxico. esto podrÍa aumentar. le diremos por quÉ mÁs adelante. ♪ ♪ ♪ ♪ estoy buscando a alguien que haga mi pollo más grande, más rico...el mejor. ¿entonces qué puedes hacer? ¿en serio? yo, literalmente, nací para esto. ♪ haz

serÍan el condado de napa, solano, nevada, eldorado, entre otros.arÁn las temperaturas y fuertes vientos, este fin de semana estarÁn en alerta y tendremos nuestra aplicaciÓn. es completamente gratis. estamos como "univisiÓn Área de la bahÍa". en otra informaciÓn, la policÍa arrestÓ en el condado de mendocino a tres sospechosos ligados al tiroteo de ayer en santa rosa. se trata de michael beltrÁn, lucas phillips, y un menor de 17 aÑos. el mÁs o b se presume que fue -- el mÁs joven se cree que fue quien abriÓ fuego. creen que esto estÁ relacionado a pandillas. atraparon a un sospechoso que se supone vinculado al accidente. manejaba ebrio cuando su auto se desviÓ y e impactó contra la barda de concreto. huyÓ de la escena a pesar de que su compaÑero muriÓ al instante. un agente de la policÍa de san mateo fue arrestado luego de que aparentemente, contactarÁ a una menor de edad con la meta de tener relaciones sexuales con ella. la sorpresa que se llevÓ fue que la vÍctima no era una niÑa, sino un residente que se hacÍa pasar por una menor. reportero: las a

we got an issue on the nimitz before eldorado boulevard. we got a rollover crash. two vehicles total involved in this collision. one landed on its side. >> that is causing about a 10 minute delay. not terrible. hopefully, they will get this pushed off to the side soon. drive times overall looking good, highway 4 to walnut creek six minutes. another 8 minutes continuing on to westbound 24. and tracy into dublin you are in the yellow. >>> you see those cars tentatively driving in san francisco. they get a boost. they are calling it the fun utility vehicle or suv. >> oh, boy. >> it can go up to 75 miles per hour. yeah, the company homes to expand the fleet to commuters commuting in that.nies as well. the suv is expected to roll out this summer. it will cost you about $20,000. >> there is a good idea? 75 miles per hour in that little thing? >> which i mean can it go on the freeway? >> all right. >> i don't know. >>> next at 5:00 a.m., west coast, best coast, california has officially been named the most fun state. >> we'll take it. it is bittersweet for fans after watc

en el norte de la bahÍa la falta de energÍa elÉctrica afectarÍa a los condados de knapp, solano, eldoradousted. se podrÍan ver afectados unos 21,000 clientes, desde las 9:00 de la noche del sÁbado hasta la maÑana del domingo. tras una huelga que durÓ 14 dÍas, estas escuelas posiblemente tendrÁn de nuevo a sus maestros este lunes en las aulas de clase. la huelga fue suspendida tratar de luego de que el saumento sal los maestros. falta que los educadores voten para aprobar la oferta este domingo que prevÉ un incremento del 3% el prÓximo aÑo. una decisión que le costarÁ lÍcito mÁs ♪ ♪ palmira: llegÓ la hora de saber cÓmo estarÁ el clima. ramo: asÍ es. vamos a conectarnos con elena. que estÁ preparada con la ventana al tiempo para el fin de semana. adelante elena. elena: un saludo para nuestros televidentes. durante este el viernes, hemos tenido temperaturas mÁximas por debajo de lo normal en todo el estado de california. se reportÓ 79 grados en sacramento, 75 en san josÉ, 82 en fresno, expresan con la temperatura fue debido al paso del frente frÍo . sacramento domingo, aumentarÁ 96, fresno 9

on news that its debt and business will be taken over by eldorado resorts. the price a bit coin has surged above eleven thousand dollars for the first time in sixteen months. crypto currency is seen a resurgence in recent weeks and was boosted by facebook's announcement that it was launching its own digital currency libra. that has renewed interest in and optimism about the technology despite ongoing concerns about regulation. facebook is facing congressional scrutiny over its proposal. the g. twenty summit at the end of this week could produce a breakthrough in the ongoing trade war between the world's two largest economies. negotiators from the us and china have relaunch talks since donald trump confirmed he would meet his counterpart shooting paying in asaka. world trade organization confirmed on monday an increase in trade restrictions in the period from october to may. the international monetary fund is also repeated its prediction of a point 5% reduction in global gdp growth. if washington beijing press ahead with more trade tariffs. any. a positive mo

restructuring and cutting costs, and this is an opportunity to combine it with a another company, eldoradot adept at reducing costs and achieving synergy. the resumption is they will achieve $500 -- and cost savings billion toales, $3.6 help make the deal feasible and profitable. h20 asset management is hemorrhaging money, losing over 5.5 billion euros in four days and monday sought biggest ever single day drop. huge outflow numbers in waves. >> the story is about a week old and is linked to you liquid bond securities tied to german financier -- a german financier. what is interesting one week later is that h2o, the fund manager, has taken aggressive buts to calm investors according to the data they do not appear to be calm. there are questions and serious questions around the assets. ist is dangerous for h2o they want daily liquidity funds, that means investors can hold their money at any time. if you are an investor watching this unfold, you may not want to h2o for the assurance he may or may not provide. the new unit vw, the trucking unit, they would spin it off because there was unlock

m-rise down 4.5%, owner of eldorado. jeffrey the giraffe is back.s scare on the base l ball diamond, a woman hit in the head by a line drive foul ball. we will bring you all the details. all those stories coming up. joining me to break it down, jackie deangeles, john hilsenrath and mitch rochell. great to see everybody this morning. >> good to be here. maria: what's on your mind? >> where do we start? iran? g-20? gdp. maria: and all the economic data as well giving us that further window in terms of how slohe slow are things becoming? a lot of worry that we'll see a slowdown in the economy. we'll get the latest data this week. >> one of the puzzles, you're getting two different messages from the markets. on the one hand, have you the bond market sending bond yields very low and that suggests the economy is slowing. then you have stock prices hitting record highs, which suggests that the economy isn't in such bad shape. so really mixed signals. >> another way of looking at that, bond yields are going down because people are buying them and the fact t

eldorado agreed to buy see art ises caesars palace.ate the largest owner of gaming properties. caesars includes caesars palace, planet hollywood among others. >>> take ta look at this. the world's ugh i lest dog going big time. this is a picture of skramp the tramp. he won the ugliest dog contest on friday. this morning he will be on the "today" show. he's a local dog from santa rosa. here's a picture of him with kerry sanders. his mother won $1500 and another there are 1500 to donate to a shelter. that's coming up in a few minutes. >>> a lot of us hanging our tongues out over the hot weather. but not today. >> it's going to start to feel cooler for the inland areas. and we'll get some sunshine. we're going to reach to the mid-80s. look at what happens out there through the week. much cooler air headed our way. we'll have a beautiful weekend with morning clouds and afternoon sun. >> tracking a serious crash in san francisco. >> we talked about it. i can't give a lot of detail because i want to make sure i-get it right. most of the bay

but what is interesting is, of course, the decline in shares of eldorado on day one and yesterday thatt abbvie took. looking at both of them. let's start with abbvie. down over 16% yesterday. that's not the way you want it to go when you announce a deal and lose 16% of your market value, not ideal in this one, though, no shareholder vote for abbvie. bristol-myers got hit pretty hard, cigna got hit hard as well when it announced its deal remember on express some time back a look at the rebounding a bit this morning shareholder votes and that put them in some question and in bristol-myers, starboard came out, didn't go anywhere at all in this case, just a lot of people still questioning sort of the choice of purchase >> yes >> we had jared holtz, the analyst from jeffries on closing bell yesterday, he said he feels like he was the only one who thought it was a really good idea >> fred assante came on too. >> a fan >> he's always -- he's always -- he can't -- he is still ceo. always going to be cheerleading. >> this whole idea that it solves two problems for both companies, especially for

we've had a lot of flash flooding overnight, eldorado, to arkansas, greenville, a lot of rain. wouldn't be surprised if there's flash flooding to deal with there. the greenville area under a flash flood warning. we have flash flood watches for a lot of people. as far as the heavy rainfall, additional rain, north of the houston area, could get another 1 to 2 inches with the line of storms, central louisiana, and up to tupelo could get a quick downpour with 1 to 2 inches. we're going to do it all over again this afternoon. the concentration of storms won't be as bad as over the weekend. 53 million people. west texas and this huge area is under a slight risk. the chicago area, columbus, cincinnati, we had a lot of flash flooding over the weekend. i got dramatic pictures from andersonville, missouri. we'll show you that next half hour. >>> mayor pete is dealing with tornado damage and dealing with angry residents at a town hall, following the shooting death of a black man by a white police officer. what the 2020 candidate is planning to do about the incident when we come back in a

it's been a while sense we got another update before eldorado boulevard on the union city free monthine. i am hopefully they are close to getting this cleared. we are working to get more information there. we got a big back ♪ some see trails as only muddy paths, steep climbs, and rough terrain. but we see things differently. there are trails to blaze everywhere. on asphalt, stone, brick... from rubicon trail, to brooklyn bridge trail, to michigan avenue trail. because if it's on earth, it's a trail. and wherever yours leads, the redesigned 2019 jeep cherokee will ta you there. air wick take in fragrance inspired by nature with air wick essential mist. it transforms natural essential oils into mist; filling the room with fragrance, ipausing when it's just right.l oils into mist; experience air wick essential mist. man, that's a cool looking hot tub. we should check on the baby. he's so sweet. maybe too sweet? internet's down. go! your home is only as smart as your internet. get reliable at&t fiber and get speeds up to 300 megabits per second and directv. bundle for 75 dollars a month

. >> reporter max resnick went door-to-door with firefighters and eldorado county as they urged residents. >> the reason we came out today is to do a home fire safety inspection >> reporter: detective jacob with the fire protection district arrives at this home to see how he can improve on his defensible space. >> when we come to your house for the first things we look at is that your house is clearly labeled, as far as your address. so we see that on the driveway and on the house so it is perfect, it helps you us to find you in an emergency. >> reporter: firefighters look atuse itself like the roof and the gutters and the landscaping to try to limited areas were flying embers can start >> a couple of good things we see is there isn't a lot of combustible material stacked against the house. you have a mesh screen on your attic and it is a small mesh so that will help prevent any embers from flying in there. >> but, there is room for improvement. the captain wants him to clean his gutters, read the roof of any tree debris and in the case of these large wood piles in the backyard, put a tar

player, golden state warriors star andre iguodala will join us live in the studio, and a jackpot deal eldoradoesorts buying caesars. all this when "power lunch" returns. >> now, the latest from tradingnation.com cnbc.com and a word from our sponsor. >> there's a classic investment thesis called the dow theory it says the transportation stocks can either confirm or deny a broader market trend. but it's important to remember that transports can be sensitive to changes in oil prices and other market influences. so don't rely exclusively on this theory when making an investment decision. i'm randy frerk,edic and schwab is the better place for traders. who says our bank isn't tech enough? everyone, look at your phones. the design thinking, the digital engineering, security, blockchain, and we will be first to market! yes. when we do we launch? unfortunately, in 2 or 3, hours. why the delay? cognizant is helping banks use digital technologies at scale to advance speed to market. man: stand up if you are a first generation college student. stand up if you're a mother. if you are actively deployed, a

it would be reasonable to expect eldorado to look at markets where they have overlapping assets and perhapsther acquirers in order to make the entire portfolio more efficient. shery: what is the state of the gaming industry in the u.s.? >> regional gaming is in modest growth, flat same-store business. costhieves most of its savings from synergies and efficiencies. it really is a mature business where cost savings and efficiencies are key to profit growth. gambling, the big driver for future growth? >> it is. sports gambling has become legal since the0 states supreme court liberalized restrictions outside of nevada last may. certainly, el dorado and caesars are involved in many of those markets. most noteworthy among them, new jersey. that is where the company will have a number of assets. amanda: brian, great to have your thoughts. thanks. shery: a quick reminder that you can catch all of our interviews on the bloomberg with the function tv . you cannot only want to live, but also watch our past interviews. on the right you have functions that you can get into. if you have a question fo

platforms to put a dollar amount on the personal data used by their users big deal this morning, eldorado.6 billion the total number, the combined company will keep the caesars name and create one of the largest gaming companies in the country in a statement this morning, the big winner of today's outcome, carl icahn saying, while i criticize the caesars board when i took a major position several months ago, i would now like to do something that i rarely do, which is praise a board of directors for acting responsibly. and decisively in negotiating and approving this transformational transaction he, of course, the activist behind pushing them to do this very deal. >> that's a third surreal thing that happened so far world leaders including president trump gearing up for the g-20 summit in japan and could be a make or break gath gathering for the u.s. when it comes to trade kayla tausche has a look ahead kayla? >> president trump begins in osaka, japan, on thursday. mr. trump will meet with the host country leader prime minister shinzo abe. and he's also teased formal bilaterals with vladim