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Dover Downs Shareholders to help Vote regarding Twin Lake Merger The following month

Dover Downs Shareholders to help Vote regarding Twin Lake Merger The following month

Dover Downs stakeholders to cast a vote on planned merger together with fellow gambling establishment company Double River within a special assembly on March 26

Dover Downs Video games & Leisure shareholders will certainly vote on the company’s recommended merger together with Twin Lake Worldwide Loge, Inc. in the special gathering next month, each gaming and also entertainment agents announced from a joint record issued regarding Friday.

The firms also explained that the US Investments and Swap Commission possesses declared powerful Twin River’s registration declaration that contained Dover Downs’ proxy declaration regarding the planned merger.

Dual River plus Dover Lows first unveiled plans towards merge their operations latter July. Say yes to, when selected, would are based on the latest in this kind in the midst of a influx of merging within the UNITED STATES land-based gambling establishment field . Urged by growing level of competition, the legalization of sporting betting, but some regulatory force, a number of organizations have opted to combine their particular businesses with fellow casino operators in a very bid to better position them selves to claim a much better share of your market.

The actual special gathering of Dover Downs’ investors is fixed at take place for March 21 at 6 am Far east Time within Dover Downs Hotel & Casino throughout Dover, Delaware. Continue reading