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Apollo wins over Canadian casino holders with 15% higher bid

Apollo wins over Canadian casino holders with 15% higher bid Kevin Orland, Bloomberg News VIDEO SIGN OUT Apollo Global Management Inc. increased its offer for casino operator Great Canadian Gaming Corp. by 15 per cent, winning over a group of shareholders that had threatened to block the deal. The private equity firmรขย€ย™s new offer is $45 a share, roughly where Great Canadian was trading in mid-February before the pandemic hit, up from a $39 bid that a group of investors said underval...
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Apollo raises Great Canadian Gaming bid, wins over investors

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Great Canadian Gaming Corporation and Funds Managed by Affiliates of Apollo Global Management, Inc. Agree to Increased Purchase Price of C$45 per Share in Cash

Share this article Increase of Approximately 15.4% from Original Purchase Price Shareholders Holding approximately 50% of Great Canadians Common Shares Have Committed to Vote in Favour of the Transaction BloombergSen, CI Global Asset Management and Burgundy Asset Management among Supporting Shareholders Special Meeting of Securityholders to be Held as Scheduled on December 23, 2020 and Voting Deadline Extended TORONTO, Dec. 21, 2020 /CNW/ - Great Canadian Gaming Corporation (TSX: GC) ("Great Ca...
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