Eldorado Resorts (ERI) to Acquire Isle of Capri Casinos (ISLE) in $1.7B Deal
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Eldorado Resorts Enters Into Definitive Agreement To Acquire Isle Of Capri Casinos For $23 Per Share In Accretive Cash And Stock Transaction Valued At $1.7 Billion
September 19, 2016 6:31 AM EDTRENO, Nev. and ST. LOUIS, Sept. 19, 2016 /PRNewswire/ --Â Eldorado Resorts, Inc. (NASDAQ: ERI) ("Eldorado," "ERI," or "the Company") and Isle of Capri Casinos, Inc. (NASDAQ: ISLE) ("Isle of Capri" or "Isle") announced today that they have entered into a definitive merger agreement whereby Eldorado will acquire all of the outstanding shares of Isle of Capri for $23.00 in cash or 1.638 shares of Eldorado common stock, at the election of each Isle of Capri shareholder, reflecting total consideration of approximately $1.7 billion, inclusive of $929 million of... More
Eldorado Resorts Enters into Definitive Agreement to Acquire Isle of Capri Casinos for $23 Per Share in Accretive Cash and Stock Transaction Valued at $1.7 Billion
September 19, 2016 6:30 AM EDT
Significantly Diversifies Eldorados Operations Geographically and
Financially;
Combined Company will Own and Operate 20
Regional Gaming Facilities in Ten States
RENO, Nev. & ST. LOUIS--(BUSINESS WIRE)-- Eldorado Resorts, Inc. (NASDAQ: ERI) (Eldorado, ERI, or the Company) and Isle of Capri Casinos, Inc. (NASDAQ: ISLE) (Isle of Capri or "Isle") announced today that they have entered into a definitive merger agreement whereby Eldorado will acquire all of the outstanding shares of Isle of Capri for $23.00 in cash or 1.638 shares of Eldorado common stock, at the... More
