Shareholders of Dover Downs Gaming & Entertainment last week voted to approve the deal in which the public company will be acquired by Twin River Worldwide Holdings Inc., the Rhode Island-based operator which owns the two casinos in that state as well as several casinos in Blackhawk, Colorado and Biloxi, Mississippi.
Dover Downs shares on the New York Stock Exchange (DDE) were to be delisted at the closing of the purchase, which was expected by the end of last week. Dover Downs will become a wholly owned subsidiary of Twin River, which will go public on the exchange under the symbol TRWH.
According to a statement by Twin River, more than 99 percent of the votes cast were in favor of the merger.
