isle of capri casinos
Eldorado Resorts Enters into Definitive Merger Agreement to Acquire Isle of Capri Casinos for Total Consideration Valued at $1.7 Billion
Eldorado Resorts, Inc. | September 19, 2016
RENO, Nev. and ST. LOUIS, Sept. 19, 2016 -- 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 long-term debt of Isle of Capri and its subsid...
Kicks Entertainment to Purchase Louisiana’s Isle of Capri Casino Hotel Lake Charles for $134.5 Million
Isle of Capri Casinos, Inc. | August 22, 2016
ST. LOUIS, Aug. 22, 2016 -- Isle of Capri Casinos, Inc. (NASDAQ:ISLE) announced today that it has entered into a definitive agreement to sell the Isle of Capri Casino Hotel Lake Charles to an affiliate of Laguna Development Corporation ("LDC"), a Pueblo of Laguna-owned business based in Albuquerque, New Mexico. Under the terms of the agreement, Kicks Entertainment, LLC, a newly formed entity owned by LDC and Eagle Holdings, LLLP, will purchase Isle of Capri Casino Hotel Lake Charles for cash consideration of approximately $134.5 million, which represents 7.8x fiscal 2016 Adjusted EBITDA, subject to a customary working capital ...
Isle of Capri Casinos to Close Natchez, MS Hotel and Sell Certain Non-Gaming Assets for $11.5M
Isle of Capri Casinos, Inc. | August 12, 2015
ST. LOUIS, Aug. 12, 2015 -- Isle of Capri Casinos, Inc. (NASDAQ: ISLE) announced today that the Company will close its casino property in Natchez, Mississippi, and has entered into a definitive agreement to sell its Natchez hotel and certain related non-gaming assets to Casino Holding Investment Partners, LLC, the parent company of Magnolia Bluffs Casino, for $11.5 million. The transaction is expected to close in October 2015, subject to customary closing conditions. "We are proud of all that we have accomplished together and we thank our team members for their dedication and hard work in the many years we have operated in Natchez," sai...
