Macquarie Downgrades Isle of Capri Casinos (ISLE) to Neutral
- S&P 500 closes higher to secure strongest Q1 since 2019
- UBS sees 5 warnings signals on semiconductor chip stocks
- US consumer sentiment tops estimates in March to hit nearly 3-yr high, UMich says
- Reddit (RDDT) stock continues to slide as short-sellers eye stock
- Estée Lauder (EL) climbs as BofA upgrades to Buy on profit recovery expectations
- AMC Entertainment (AMC) enters into an equity distribution agreement
- Kerrisdale Capital is short Microstrategy (MSTR), long bitcoin
- Discover Financial Services (DFS) Announces CEO Resignation
- Intuitive Machines (LUNR) Files for $300M Share Offering, 160M Share Offering by Selling Stockholders
- AMC Entertainment (AMC) Enters $250M ATM Agreement
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