The Online Investor
Travel & Entertainment M&A image Travel & Entertainment M&A » By The Online Investor Staff, updated Sat., Dec. 7, 4:08 PM 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 Racelinebet.com, a national account wagering service that provides online and telephone wagering on horse races.

Open the MNTG Page at The Online Investor »

Company Name: 
MTR Gaming Group, Inc.
Website: 
www.mtrgaming.com
Sector: 
Hotels, Lodging, Restaurants & Travel
 

Open the MNTG Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes



Hold (2.00 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
powered by Xignite

Travel & Entertainment M&A - Slide 28 of 87 Page | www.TheOnlineInvestor.com

Copyright © 1998 - 2019, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.