As on August 5, 2019, Federal Trade commission approved the early termination of antitrust approval waiting period. Closing is not subject to financing obligations. will be obligated to pay a termination fee of $8.05 million to the sellers.Ĭlosing of the transaction is subject to expiration or termination of the waiting period under HSR act, receipt of regulatory approvals, including applicable gaming regulatory approvals, execution of transition services agreement, receipt of specified third-party consents and other customary conditions. Under certain circumstances, in the event of termination, Twin River Worldwide Holdings, Inc. As of May 11, 2020, Twin River Worldwide announced that it had completed its previously announced $275 million increase of the term loan under its existing credit facility. (NasdaqGS:ERI), parent of the sellers, intends to divests its entire holdings in Isle of Capri Casino and Lady Luck Casino Vicksburg via company sale. As part of the agreement, Eldorado Resorts, Inc. The consideration is payable in cash and is subject to working capital adjustments. (sellers) for $230 million on July 10, 2019. from IOC-Vicksburg, L.L.C., IOC-Vicksburg, Inc. and Rainbow Casino-Vicksburg Partnership, L.P. (NYSE:TRWH) entered into an equity purchase agreement to acquire Ioc Kansas City Inc.
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