The Online Investor
Travel & Entertainment M&A image Travel & Entertainment M&A » By The Online Investor Staff, updated Fri., Dec. 6, 1:47 PM Recent mergers and acquisitions in the Travel & Entertainment M&A category.

Slide #80. Churchill Downs Incorporated Riverwalk Casino and Hotel

Acquirer: Churchill Downs Incorporated (NASDAQ:CHDN)
Acquiree: Riverwalk Casino and Hotel
Details: Churchill Downs Incorporatedannounced that it has entered into a definitive purchase agreement to acquire Riverwalk Casino and Hotel in Vicksburg, Miss., for total consideration of approximately $141 million, to be paid in cash. The transaction, which is contingent upon the Company securing a gaming license from the Mississippi Gaming Commission and other usual and customary closing conditions, is anticipated to close by the end of the year. If certain closing conditions are not satisfied, the Company could be obligated to pay a $7 million termination fee.

Churchill Downs is a racing, gaming and online entertainment company. Co. owns and operates a legal online horseracing wagering platform in the U.S., through its TwinSpires business. Co. manages its operations through five segments: Racing, which includes its four racetracks: Churchill Downs Racetrack, Arlington International Race Course, Fair Grounds Race Course and Calder Race Course; Online Wagering, which includes its TwinSpires business and its online sports betting and iGaming business; Casino, which provides brick-and-mortar casino gaming; Other Investments, which includes United Tote Company, Derby City Gaming and its other minor investments; and Corporate.

CHDN SEC Filing Email Alerts Service


Open the CHDN Page at The Online Investor »

Company Name: 
Churchill Downs, Inc.
Stock buyback: 
CHDN buyback
Website: 
www.churchilldownsincorporated.com
Sector: 
Hotels, Lodging, Restaurants & Travel
Number of ETFs Holding CHDN: 
51
Total Market Value Held by ETFs: 
$772.66M
Total Market Capitalization: 
$5.17B
% of Market Cap. Held by ETFs: 
14.94%
 

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

Quotes delayed 20 minutes



Strong Buy (3.50 out of 4)
64th percentile
(ranked higher than approx. 64% of all stocks covered)
Based on Zacks ABR data;
powered by Xignite

Travel & Entertainment M&A - Slide 80 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.