.

New Deal

New Deal

Announced

25 Apr 2016

Completed

20 Dec 2016

THE CANNERY HOTEL & CASINO LLC / NEVADA PALACE LLC / BOYD GAMING CORPORATION / OAKTREE CAPITAL MANAGEMENT LP / CANNERY CASINO RESORTS LLC / Acquisition / Private / £159m

Financials

Transaction Value-

Consideration Type-

Capital Owned-

Capital Bid For-

EV/Sales-

EV/EBITDA-

Share Price Premium-

One Off Charge-

target

Nevada Palace

target

The Cannery Hotel & Casino

Boyd Gaming Corporation

bidder

Boyd Gaming Corporation

vendor

Cannery Casino Resorts

Oaktree Capital Management

vendor

Oaktree Capital Management

Sources

Tags

casino

Casinos and Gambling

Private

Acquisition

Completed

Friendly

United States

casinos

Private Equity

Synopsis

Sale by Oaktree Capital and Cannery Casino Resorts of The Cannery Casino Hotel & Casino and Eastside Cannery Casino & Hotel located in Las Vegas, to Boyd Gaming.

Service Providers (3)

Morrison & Foerster

legal advisors

Morrison & Foerster

Latham & Watkins

legal advisors

Latham & Watkins

Latham & Watkins

legal advisors

Latham & Watkins

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