Eldorado Resorts, Inc. (NASDAQ:ERI) Files An 8-K Submission of Matters to a Vote of Security Holders
Item5.07.
|
Submission of Matters to a Vote of Security Holders. |
A special meeting of stockholders of Eldorado Resorts, Inc. (the
Company) was held on January25, 2017 in Reno, Nevada (the
Special Meeting). The Special Meeting was held in order to
vote upon the following proposals set forth in a definitive joint
proxy statement/prospectus dated December30, 2016: (i) to approve
the issuance of shares of Company common stock (the Share
Issuance Proposal) to the Agreement and Plan of Merger (the
Merger Agreement), dated as of September19, 2016, by and
among the Company, two wholly-owned subsidiaries of the Company
and Isle of Capri Casinos, Inc. (Isle) and (ii)to adjourn
the Special Meeting, if necessary or appropriate, including to
permit further solicitation of proxies in favor of the Share
Issuance Proposal if there are insufficient votes at the time of
the Special Meeting to approve the Share Issuance Proposal (the
Adjournment Proposal).
At the Special Meeting, the Companys stockholders voted upon and
approved the Share Issuance Proposal. The votes on the Share
Issuance Proposal were as follows:
|
For |
Against |
Abstain |
Broker Non-Votes |
|||
|
40,224,571 |
12,724 | 65,489 |
Because the votes cast in favor of the Share Issuance Proposal
exceeded the votes cast in opposition of the Share Issuance
Proposal and a quorum was present at the Special Meeting, the
vote was not called on the Adjournment Proposal.
| Item8.01. | Other Events. |
On January25, 2017, the Company issued a press release announcing
that (i)at the Special Meeting, the Company stockholders approved
the Share Issuance Proposal and (ii)at the special meeting of
stockholders of Isle, Isle stockholders voted to approve the
proposal to adopt the Merger Agreement. A copy of this press
release is attached hereto as Exhibit 99.1 and is incorporated
herein by reference. The closing of the transactions contemplated
by the Merger Agreement remains subject to the fulfillment or
waiver of certain conditions that have not yet been satisfied
including the receipt of certain approvals from certain
regulatory authorities and other customary closing conditions.
| Item9.01. | Financial Statements and Exhibits. |
(d) Exhibits.
|
Exhibit No. |
Exhibit Description |
|
| 99.1 |
Press Release, dated January25, 2017, of Eldorado Resorts, Inc. announcing the special meeting results. |
About Eldorado Resorts, Inc. (NASDAQ:ERI)
Eldorado Resorts, Inc. (ERI) is a gaming and hospitality company. The Company owns and operates gaming facilities located in Ohio, Louisiana, Nevada, Pennsylvania and West Virginia. The Company’s segments include Nevada, Louisiana and Eastern. The Company owns and operates various properties, such as Eldorado Resort Casino Reno, which is a 814-room hotel, casino and entertainment facility; Silver Legacy Resort Casino, which is a 1,711-room themed hotel and casino; Circus Circus Reno, which is a 1,571-room hotel-casino and entertainment complex; Eldorado Resort Casino Shreveport, which is a 403-room, all suite art deco-style hotel and tri-level riverboat dockside casino; Mountaineer Casino, Racetrack & Resort, which is a 354-room resort with a casino and live thoroughbred horse racing; Presque Isle Downs & Casino, which is a casino and live thoroughbred horse racing facility with slot machines, table games and poker located in Erie, Pennsylvania, and Eldorado Gaming Scioto Downs. Eldorado Resorts, Inc. (NASDAQ:ERI) Recent Trading Information
Eldorado Resorts, Inc. (NASDAQ:ERI) closed its last trading session up +0.05 at 16.00 with 190,793 shares trading hands.
