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Tuesday, November 19, 2013

BRIEF-MTR and Eldorado amend merger agreement, (NASDAQ: MNTG)

MTR Gaming Group Inc : * MTR and Eldorado amend merger agreement to deliver greater value to MTR stockholders * Says deal increases per share cash consideration paid to MTR stockholders atclosing to $6.05 * Says total cash consideration payable to MTR stockholders to $35.0 million * Says $5.0 million of additional cash at closing will be funded by Eldorado * Increase in termination fee payable by MTR to Eldorado in certaincircumstances from $5.0 million to $6.0 million * Source text for Eikon * Further company coverage

MTR Gaming Group, Inc. owns and operates racetrack, gaming and hotel properties in West Virginia, Pennsylvania, and Ohio. Shares of MNTG fell by 0.38% or $-0.02/share to $5.23. In the past year, the shares have traded as low as $2.74 and as high as $5.39. On average, 79792 shares of MNTG exchange hands on a given day and today's volume is recorded at 34771.



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