Churchill Downs Incorporated and Eldorado Resorts Announce Mutual Termination of Lady Luck Casino Vicksburg Acquisition and Amendment to Presque Isle Downs & Casino Acquisition
Churchill Downs, Incorporated (CHDN)
Last churchill downs, incorporated earnings: 4/29 04:07 pm
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US:NASDAQ Investor Relations:
ir.churchilldownsincorporated.com
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Source: GlobeNewswire
LOUISVILLE, Ky., July 09, 2018 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or the “Company”) (Nasdaq:CHDN) today announced that it has terminated its definitive purchase agreement to acquire substantially all of the assets and properties used in connection with the operation of Lady Luck Casino in Vicksburg, Mississippi ( the “Lady Luck Vicksburg Transaction”) and amended its previously announced definitive purchase agreement (the “Amendment”) to acquire substantially all of the assets and properties used in connection with Presque Isle Downs & Casino in Erie, Pennsylvania (the “Presque Isle Transaction”) from Eldorado Resorts, Inc. (“ERI”) (Nasdaq: ERI). Pursuant to a Termination Agreement and Release, dated as of July 6, 2018, by and among CDI, ERI and certain subsidiaries of ERI (the “Termination Agreement”), CDI has agreed to pay to ERI a termination fee of $5.0 million, subject to the parties’ execution of a definitive agreement with respect to the Lady Luck Nemacol
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CHDN
News
- Churchill Downs Incorporated (NASDAQ: CHDN) had its price target raised by analysts at Stifel Nicolaus from $150.00 to $153.00. They now have a "buy" rating on the stock.MarketBeat
- Churchill Downs Incorporated (NASDAQ: CHDN) had its price target raised by analysts at Truist Financial Co. from $140.00 to $145.00. They now have a "buy" rating on the stock.MarketBeat
- Churchill Downs Incorporated (NASDAQ: CHDN) had its price target raised by analysts at Mizuho from $142.00 to $143.00. They now have a "buy" rating on the stock.MarketBeat
- Judge denies request for Bob Baffert-trained Muth to run in 2024 Kentucky Derby [USA TODAY]USA TODAY
- Why Are Churchill Downs (CHDN) Shares Soaring Today [Yahoo! Finance]Yahoo! Finance
CHDN
Earnings
- 4/24/24 - Beat
CHDN
Sec Filings
- 4/25/24 - Form 4
- 4/25/24 - Form 4
- 4/25/24 - Form 4
- CHDN's page on the SEC website