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  1. #201  
    RX Junior brucefan's Avatar
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    Stifel Nicolaus intiates ERI with buy 62 PT
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  2. #202  
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    Looking good
    Who knew we had signatures all this time?
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  5. #205  
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    Looks like one of my dreams may come true. I may actually own a Jai-Alai fronton

    http://pointpubs.com/pompano-beach-n...redevelopment/
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  6. #206  
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    Eldorado seals deal valuing Caesars at $18B - Reuters

    Jun. 23, 2019 4:44 PM ET|About: Caesars Entertainment Corp... (CZR)|By: Jason Aycock, SA News Editor

    Eldorado Resorts (NASDAQ:ERI) has an agreement to merge with Caesars Entertainment (NASDAQ:CZR) in a deal valuing Caesars at about $18Bincluding debt, Reuters reports.
    That values Caesars about $13/share, the price Caesars was demanding when it started its auction. Caesars reportedly rejected deals earlier this month at $10.50/share. CZR closed Friday at $9.99.
    And it comes after reports that Carl Icahn looked more eager to sell than Caesars' board, and worked to stake out middle ground on the deal.
    The deal's expected to be announced tomorrow, according to Reuters. Ownership would be split roughly between shareholders of each company


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    Do you think it's a good deal for Eldorado?
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    Quote Originally Posted by mickj View Post
    Do you think it's a good deal for Eldorado?

    03-08-2019, 08:22 AM
    ERI: Another Way ERI Could Double: BuyCZRIn a June note, we outlined an investment case for $108 per share not requiringadditional acquisition announcements. Below, we argue a separate investmentcase for $104 to $116 per share should ERI purchase Caesar's (CZR-NC)under a reasonable valuation scenario. We do not pretend to know if ERI andCZR are in any deep merger discussions, though the universe of buyers islimited and ERI is best suited to extract full value from CZR assets, in our view.Calculation. Variables of our case for $104 to $116 per share include: a CZR$12 per share base case purchase price or ~$9b utilizing 75% cash and 25%ERI stock consideration (we demonstrate purchase price sensitivity on thefollowing page); $600mm in EBITDA synergies; ~$1.2b of executed lease backcall options from VICI and $5.3b in new debt issuance and; targeted metricmultiples. We also touch on why ERI is likely best suited to maximize CZR

    https://roth2.bluematrix.com/sellsid...om&source=mail
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  10. #210  
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    Deutsche Bank Boosts Eldorado Resorts $ERI Price Target to $74.00 http://americanbankingnews.com/?p=10991502 #stocks
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  11. #211  
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    UNION GAMING” => Raising Price Target -to- $70.00 per/share => Analyst Expects +$600 Million -in- Estimated Cost Synergies form “CZR

    https://uniongaming.bluematrix.com/s...om&source=mail
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