7/19/2023 0 Comments Golden nugget wendoverWilliam Sherlock, Chairman of Nevada Gold, said, “Our goal was to obtain the highest value in a sale of the Company. The transaction is not subject to a financing condition. Maverick intends to fund the transaction primarily with debt financing from Nevada State Bank plus equity financing from Maverick. Un other view of the Nugget Casino resort in Wendover Nevada.(photos credit Wendover Nugget Casino and High Desert Advocate archives) The transaction will result in the Company becoming a private company. Under the terms of the merger agreement, Maverick will acquire all of the outstanding shares of the Company’s common stock for $2.50 per share in cash, subject to certain minor adjustments. announced this past Tuesday, September 18th, 2018, the signing of a definitive merger agreement with Maverick Casinos, LLC. (photo credit Wendover Red Garter Hotel & Casino and High Desert Advocate archives)įrom the Globe Newswire press release we learned that Nevada Gold & Casinos, Inc. (photos credit Wendover Red Garter Hotel & Casino and High Desert Advocate archives) Red Garter Hotel & Casino in Wendover, Nevada. Red Garter Hotel & Casino in Wendover, Nevada also owned by Maverick Casinos, due to go through a merger with Nevada Gold & Casinos, Inc. The Wendover Nugget Hotel & Casino and Red Garter Hotel & Casino in Wendover, Nevada, along with various other assets are owned by an affiliate of Maverick Casinos, LLC. (photos credit Wendover Nugget Casino and High Desert Advocate archives) ![]() The Nugget and the Red Garter Casinos from Wendover to be sold/merged with a different company, to take place before the end of 2018. ![]() ![]() Published in The High Desert Advocate Edition of September 20th, 2018.
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