Description
Boyd Gaming Corporation announced last week that it had agreed to sell the South Coast Hotel & Casino to Michael Goren at the same purchase price as the net proceeds from the sale of about 15.8 million shares of Boyd Gaming shares owned by Mr. Goren. Over the next 60 days, at least 75% of the purchase price will be paid to the company in cash, as a result of Mr. Goren's secondary offering of shares.
The deal, which is expected to be completed by the end of the year, will be subject to a minimum purchase price, Goan's deposit for the cash portion of the escrow purchase price within 60 days of today, customary licensing and regulatory approval, and other closing conditions. 무료슬롯사이트