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Travel & Entertainment M&A image Travel & Entertainment M&A » By The Online Investor Staff, updated Fri., Feb. 3, 11:04 AM Recent mergers and acquisitions in the Travel & Entertainment M&A category.

Slide #28. MTR Gaming Group, Inc. Eldorado HoldCo LLC

Acquirer: MTR Gaming Group, Inc. (MNTG)
Acquiree: Eldorado HoldCo LLC
Details: MTR Gaming Group, Inc. (NasdaqGS:MNTG) ("MTR") and Eldorado HoldCo LLC ("Eldorado") announced today that they have amended the previously announced merger agreement (the "Merger Agreement") between the two companies to deliver greater cash consideration to MTR stockholders and to increase the pro forma ownership of the combined company by MTR stockholders. MTR's Board of Directors has unanimously approved the amended Merger Agreement.

MTR Gaming Group is a hospitality and gaming company engaged in the ownership and operation of racetrack, gaming and hotel properties in West Virginia, Pennsylvania, and Ohio. Co., through its wholly-owned subsidiaries, owns and operates Mountaineer Casino, Racetrack & Resort in Chester, WV; Presque Isle Downs & Casino in Erie, PA; and Scioto Downs in Columbus, OH. Scioto Downs, through its subsidiary RacelineBet, Inc., also operates, a national account wagering service that provides online and telephone wagering on horse races.

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Company Name: 
MTR Gaming Group, Inc.
Hotels, Lodging, Restaurants & Travel

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