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4-Traders Homepage  >  Shares  >  Nasdaq  >  Isle of Capri Casinos    ISLE

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Gaming and Leisure Properties : May Acquire Isle of Capri Casinos

06/17/2015 | 02:39am US/Eastern
Deal Type: Acquisition
Deal Sub Type: Majority Acquisition
Deal Country: United States of America
Deal Status: Rumor
Deal Value: 0.0000 USD

Deal in Brief

According to Reuters, Gaming and Leisure Properties, Inc., a real estate investment trust involved in acquiring, financing, owning real estate property to be leased to gaming operators, is in advanced talks to acquire Isle of Capri Casinos, Inc. (formerly known as Casino America, Inc.), a developer, owner and operator of gaming facilities, dining, lodging and entertainment facilities. Both companies involved in the transaction are based in the US. Isle of Capri Casinos owns and operates 15 gaming and entertainment facilities in the US. Peter J. Solomon Company acted as a financial advisor to Isle of Capri Casinos on the transaction.

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