Greektown Superholdings Inc: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
Greektown Superholdings Inc Announces Receipt of Proposal for Acquisition of Capital Stock
Greektown Superholdings Inc announced that it has received a letter today from Athens Acquisition LLC (Athens), an entity owned by Daniel Gilbert. The text of the letter is set forth below. In the letter, Athens states that it 'acquired a small position' in Greektown in mid 2012 and that it 'entered into an agreement to purchase a large block of the Company's shares on December 20, 2012'. Athens has further stated that 'upon the closing of this transaction, Athens Acquisition is expected to have majority voting control of the Company'. Finally, Athens proposes to acquire the remaining capital stock of Greektown for $81 per share. The Board of Directors of the Company intends to fully review and investigate the proposal and to explore all strategic alternatives available to the Company.
Latest Developments for Greektown Superholdings Inc
Latest Key Developments in Casinos
- Universal Entertainment Corp announces changes in shareholding structure
- Reef Casino Trust announces distribution
- Skycity Entertainment Group Ltd issues H1 2014 net profit guidance below analysts' estimates
- Sportech PLC reaches agreement to develop branded wagering and sports bar venues in California
- Share this
- Digg this