Isle of Capri selling Coast casino for $45M to Golden Nugget
by Associated Press Published: March 5,2012
Tags: acquisitionas, casinos, Conventions, gambling, gaming, hospitality, hotels, lodging, meetings, mergers, restaurants, tourism, tourists, visitors
BILOXI — Isle of Capri Casinos,Inc. has entered into a definitive purchase agreement with Golden Nugget Biloxi Inc., a wholly owned subsidiary of Landry’s Inc., to sell its Isle Casino Hotel in Biloxi. Under the terms of the agreement, Golden Nugget Biloxi has agreed to pay Isle of Capri Casinos approximately $45 million. The transaction [...] [...]
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