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US casino operators Dover Downs and Twin River agree merger

24th July 2018 5:56 am GMT

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 [...]

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