Stefan Bernstein explains how the EU/Greenland critical raw materials partnership benefits GreenRoc. Watch the full video here.
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Cheers for info, the question now is just what else gets sold off to ensure the deal happens. Shouldn't be serious, deal happens 'for sure' in my opinion
The $17.3 billion merger agreement between Eldorado Resorts and Caesars Entertainment is nearing completion more than a year after the transaction was first announced.
The Nevada Gaming Control Board and Nevada Gaming Commission will consider approval of the merger Wednesday, which could have lasting implications for several properties on the Las Vegas Strip and other markets in the state. Indiana gaming authorities will address the proposed deal Friday, which could lead to the sale of two of the state’s five casino properties that are involved with the transaction.
Late last month, Federal Trade Commission conditionally signed off on the merger pending the sale of two Eldorado-operated casinos in Lake Tahoe, Nevada, and Shreveport, Louisiana, which would clear up antitrust issues.
Cheers, Crocqman, interesting insight.
This looks like it.
Mention on the index (P2) and then references to specific points from P23 to P30.
Hope the link works
https://gaming.nv.gov/modules/showdocument.aspx?documentid=16907
SP is not reflecting any goods news today.....down over 2% and it just 9:00am!
Yesterday I saw somewhere that Nevada is meeting today to rubber stamp the deal but I can’t find it now! Too many history lines on my IPad!
If anyone could confirm, I’ve got to go and do my day job this morning.
I agree would be crazy if one state could stop the deal but found this statement “ According to a statement from Caesars, the completion of the merger still remains subject to the satisfaction of other closing conditions. These include receipt of all consents and approvals from the Nevada Gaming Control Board, Nevada Gaming Commission, New Jersey Casino Control Commission, Indiana Gaming Commission and Indiana Horse Racing Commission.”
From 29th June: https://sbcamericas.com/2020/06/29/caesars-eldorado-merger-still-on-after-ftc-accepts-consent-order/
Maybe they can divest the Indiana property /ies if that is really such a big deal for them. One state surely can't nuke the whole thing.
Another article I saw today was the opposite “ While the discussion is yet to reach the states of Indiana and New Jersey, Eldorado Resorts and Caesars Entertainment are quite confident about receiving approval from regulators in those states. The two companies are also very optimistic about receiving approval from the regulators in Nevada. Hearings in Indiana and New Jersey have been scheduled for July 10 and July 15, respectively.”
Hopefully this will go through after the disappointment of California.
It is perhaps Indiana being a bit difficult on approving the Caesars-Eldorado tie-up that has held back the share price today.
https://seekingalpha.com/news/3589128-indiana-regulators-raise-concerns-on-caesars-eldorado-deal
https://www.in.gov/hrc/files/PUBLIC%20REDACTED%20ExecDirectorRpt.pdf