Including a possible sale of the firm
Ameristar Casinos confirmed that it is evaluating strategic alternatives
(US).- Ameristar Casinos confirmed that the Transaction Committee of its Board of Directors is evaluating strategic alternatives to enhance stockholder value, including a possible sale of the company.
2010-08-16
Reading time 18 seg
The company has engaged Lazard and Bank of America Merrill Lynch as its financial advisors and Gibson, Dunn & Crutcher as its legal advisor to assist the Transaction Committee in its evaluation.
The firm noted that there can be no assurance that the exploration of strategic alternatives will result in any transaction. It does not intend to disclose developments regarding these matters unless and until its Board of Directors determines that there is a material need to update the market.
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