DealsApr 23, 2026, 04:12 PM
Golden Entertainment expects deal close April 30, declares $2.75 dividend
AI Summary
Golden Entertainment, Inc. announced that the closing of its Master Transaction Agreement with Argento, LLC, VICI Properties Inc., and VICI ROYAL MERGER SUB LLC is expected around April 30, 2026. This follows the successful receipt of all necessary Gaming and Liquor Approvals. The company will distribute a cash dividend of $2.75 per share to shareholders of record on the closing date, payable immediately after the OpCo Sale. Additionally, each share of New HoldCo common stock will be converted into 0.902 PropCo Buyer Shares.
Key Highlights
- Deal closing anticipated around April 30, 2026.
- Cash dividend of $2.75 per common share declared.
- All required Gaming and Liquor Approvals obtained.
- New HoldCo shares convert to 0.902 PropCo Buyer Shares.