Travel & Entertainment M&A » By The Online Investor Staff, updated Sat., Aug. 17, 5:14 PM
Recent mergers and acquisitions in the Travel & Entertainment M&A category.
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Slide #42. Eldorado Resorts, LLC — MTR Gaming Group, Inc.
Acquirer:
Eldorado Resorts, LLC
Acquiree:
MTR Gaming Group, Inc. (MNTG)
Details:
MTR Gaming Group, Inc. and Eldorado Resorts, LLC announced that they have entered into a definitive agreement under which MTR Gaming Group will combine with the parent company of Eldorado Resorts, LLC in a stock merger. As part of the transaction, a cash election option will be offered at $5.15 per share for up to 5.8 million shares to MTR Gaming's current stockholders. MTR Gaming's remaining common shares will be exchanged for shares in the combined new company. The combined new company will remain publicly traded and be named Eldorado Resorts, Inc.
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Avg. Broker Rec.
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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 |
