Silverleaf Resorts/Cerberus
On February 3, 2011, Silverleaf Resorts, Inc. (Nasdaq: SVLF) announced that they have entered into an agreement to be acquired by SL Resort Holdings Inc., an affiliate of Cerberus Capital Management, L.P., for $2.50 per outstanding common share.
Silverleaf has engaged Gleacher & Company Securities, Inc. as its financial advisor in connection with the proposed merger.
A closing time frame was not disclosed.
Silverleaf has engaged Gleacher & Company Securities, Inc. as its financial advisor in connection with the proposed merger.
A closing time frame was not disclosed.
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Morning Movers 02/04: SVLF, OPXT, JDSU, AVNW, RPRX, SIMG, CDXS, KNL, OREX Higher; EVBS, PWER, TRGL, CSTR, CPX, BIOD, DLB Lower
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Notable Mergers and Acquisitions of the Day 02/04: SVLF, CSCO, DVA, WY
