Eldorado Resorts $1.7 billion acquisition of Isle of Capri Casinos

19/9/2016
Public acquisition

$ 1.7 billion

Announced

19/9/2016


Overview:

  • Eldorado Resorts has acquired fellow gaming company Isle of Capri Casinos in a $1.7 billion deal.
  • The transaction figure includes $929 million of Capri's debt.
  • Eldorado owns seven casinos in five different US states.
  • The acquisition gives Eldorado an additional 13 casinos.
  • Milbank Tweed Hadley & McCloy (Deborah Conrad, Kenneth Baronsky) advised Eldorado.
  • Mayer Brown (Paul Theiss, William Kucera) advised Capri.

Kurt Stumpo - Journalist - North America and the Caribbean

Jurisdiction:

United States

Deal type:

Public acquisition

Practice area:

M&A

Governing law:

United States

Industry sector:

Gaming


Firms:

Party: Isle of Capri Casinos (Target)

Lawyer: William Kucera


Party: Eldorado Resorts (Acquirer)