Dover Downs Shareholders towards Vote with Twin Sea Merger Next Month

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Dover Downs Shareholders towards Vote with Twin Sea Merger Next Month

Dover Downs stakeholders to political election on consist of merger by using fellow betting house company Dual River on a special assembly on Mar 26

Dover Downs Gambling & Celebration shareholders may vote for the company’s planned merger utilizing Twin Lake Worldwide Convention, Inc. at a special achieving next month, the two gaming and entertainment affiliates announced in a very joint statement issued at Friday.

The firms also explained the US Securities and Swap Commission has got declared successful Twin River’s registration record that covered Dover Downs’ proxy record regarding the offered merger.

Of them River and even Dover Downs first discovered plans towards merge their particular operations final July. Package, when selected, would stand for the latest from this kind amongst a samsung s8500 of relief within the US ALL land-based casino field . Urged just by growing opposition, the legalization of physical activities betting, and some regulatory force, a number of corporations have elected to get to combine their valuable businesses using fellow modern casino operators inside a bid to higher position them selves to claim a greater share with the market.

The special interacting with of Dover Downs’ shareholders is fixed at take place with March 26 at almost eight am Far east Time during Dover Lows Hotel & Casino for Dover, Delaware. Shareholders with record during close for business about February certain will be able to cast their vote on the suggested merger.Continue Reading