US casino operators Dover Downs Gaming & Entertainment and Twin River Worldwide Holdings have entered into a definitive merger agreement to create an enlarged New York-listed company operating in four states.
The proposed transaction will transform Twin River into a publicly-listed company with a land-based presence in the Mid-Atlantic region through Delaware’s Dover Downs Casino, alongside its existing assets in Mississippi, Colorado and Rhode Island.
Dover Downs stockholders will exchange their shares for Twin River common shares representing [...]