ISLE OF CAPRI CASINOS, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
September 20 2016 - 5:33PM
Business Wire
Rigrodsky & Long, P.A.:
- Do you own shares of Isle of Capri
Casinos, Inc. (NASDAQ GS: ISLE)?
- Did you purchase any of your shares
prior to September 19, 2016?
- Do you think the proposed buyout
value is too low?
- Do you want to discuss your
rights?
Rigrodsky & Long, P.A. announces that it is investigating
potential legal claims against the board of directors of Isle of
Capri Casinos, Inc. (“Isle of Capri” or the “Company”) (NASDAQ GS:
ISLE) regarding possible breaches of fiduciary duties and other
violations of law related to the Company’s entry into an agreement
to be acquired by Eldorado Resorts, Inc. (“Eldorado”) (NASDAQ GS:
ERI), in a transaction valued at approximately $1.7 billion.
Click here to learn more:
http://rigrodskylong.com/investigations/isle-of-capri-casinos-inc-isle.
Under the terms of the agreement, shareholders of Isle of Capri
will receive either $23.00 in cash or 1.638 shares of Eldorado
common stock for each share of Isle of Capri they own.
The investigation concerns whether Isle of Capri’s board of
directors failed to adequately shop the Company and obtain the best
possible value for Isle of Capri’s shareholders before entering
into an agreement with Eldorado.
If you own the common stock of Isle of Capri and purchased your
shares before September 19, 2016, if you have information or would
like to learn more about these claims, or if you wish to discuss
these matters or have any questions concerning this announcement or
your rights or interests with respect to these matters, please
contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long,
P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by
telephone at (888) 969-4242; by e-mail to info@rl-legal.com, or at:
http://rigrodskylong.com/investigations/isle-of-capri-casinos-inc-isle.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware
and Garden City, New York, regularly prosecutes securities class,
derivative and direct actions, shareholder rights litigation and
corporate governance litigation, on behalf of shareholders in
states and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar
outcome.
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version on businesswire.com: http://www.businesswire.com/news/home/20160920006907/en/
Rigrodsky & Long, P.A.Seth D. RigrodskyGina M.
Serra888-969-4242302-295-5310Fax:
302-654-7530info@rl-legal.comhttp://www.rigrodskylong.com
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