Page 13 - Peter Meredith News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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 firm’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 undervalued the company. The equity value of the new proposal is slightly more than $2.5 billion based on a...

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Share this article Increase of Approximately 15.4% from Original Purchase Price Shareholders Holding approximately 50% of Great Canadian's 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 Canadian" or the "Company") today announced that it has entered into an amended arrangement agreement...