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Stock impact report

Churchill Downs Agrees To Acquire Remaining 50 Pct Ownership Of Ocean Downs [Reuters]

Churchill Downs, Incorporated (CHDN) 
Last churchill downs, incorporated earnings: 4/29 04:07 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.churchilldownsincorporated.com
Company Research Source: Reuters
Churchill Downs Inc (CHDN.OQ) Key Developments | Reuters.com July 16 (Reuters) - Churchill Downs Inc ::CHURCHILL DOWNS INCORPORATED AGREES TO ACQUIRE REMAINING 50% OWNERSHIP OF OCEAN DOWNS IN EXCHANGE FOR ITS 25% INTEREST IN SARATOGA CASINO HOTEL AND SARATOGA CASINO BLACK HAWK.CHURCHILL DOWNS - IN EFFECT, ACQUIRING 37.5% OF OCEAN DOWNS BECAUSE IT INDIRECTLY OWNED ADDITIONAL 12.5% OF OCEAN DOWNS THROUGH ITS 25% OWNERSHIP INTEREST IN SCH.CHURCHILL DOWNS - UPON CLOSING OF DEAL, CDI WILL OWN 100% OF OCEAN DOWNS AND WILL HAVE NO EQUITY INTEREST IN SARATOGA NEW YORK OR SARATOGA COLORADO. Reuters, the news and media division of Thomson Reuters , is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV. Learn more about Thom Show less Read more
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