	sosnoff says caesars caw offered stock buyback martin sosnoff who has offered to buy caesars world inc for dlrs a share said senior officials of the company have offered to buy back the caesars stake he already holds now pct of the total outstanding in a filing with the securities and exchange commission sosnoff a new york investor and money manager said the offers to buy back his stock occurred on several occasions during the past year the offers were made by several caesars world representatives including its chairman henry gluck he said sosnoff said he rejected all of the proposals the caesars world official suggested various forms of payment for sosnoff s stake including other securities of the company and cash he said sosnoff did not detail the value of the proposed compensation also suggested was a deal involving put and call option regarding sosnoff s caesars world holdings he said the proposed deals would have also included a standstill agreement which would have restricted sosnoff s right to buy more caesars world stock or to take any action adverse to incumbent management he said sosnoff s report on the offers he received for his caesars world shares were amended to his official offer to purchase the company as well as reported to the sec sosnoff now holds about mln caesars world shares or pct of the company s mln shares outstanding the sosnoff offer to buy the shares of the company he does not already hold has been valued at mln dlrs reuter 
