Deal Snapshot
TWIN RIVER WORLDWIDE TO ACQUIRE 2 CASINOS FROM ELDORADO RESORTS
Thursday 18 July 2019

Rhode Island, US-based Twin River Worldwide Holdings, Inc. (NYSE: TRWH) has agreed to acquire the operations and real estate of Kansas City, Missouri's Isle of Capri Casino and Mississippi-based Lady Luck Casino from Eldorado Resorts, Inc. (NASDAQ: ERI), the company said.

The casinos were acquired in a cash transaction for USD 230m. The company expects to finance the purchase price with available cash. TRWH said Isle Kansas City and Lady Luck Vicksburg expand the company's geographic footprint with assets in attractive markets.


TKUqg0 http://www.FyLitCl7Pf7kjQdDUOLQOuaxTXbj5iNG.com
Details
Date Published: 18/07/2019
Target: Isle of Capri Casino, Lady Luck Casino
Country: USA
Deal Size: 230m (USD)
Sector: Hotels/Restaurants/Casinos/Catering
Type: Corporate acquisition
Financing: Cash
Status: Agreed
Vendor: Eldorado Resorts, Inc
Buyer: Twin River Worldwide Holdings, Inc
Comment:


Options