Yuri Itkis Gaming Trust Announces Successful Short Form Merger With FortuNet
March 03 2010 - 7:09PM
PR Newswire (US)
LAS VEGAS, March 3 /PRNewswire/ -- The Yuri Itkis Gaming Trust of
1993 (the "Trust") announced today that it successfully completed a
"short form" merger in which FortuNet, Inc. ("FortuNet") became a
wholly owned subsidiary of the Trust. The merger followed a
successful tender offer that expired on February 17, 2010. With the
merger complete, FortuNet is taking the appropriate steps to cause
its shares to cease to be traded on the Nasdaq Capital Market.
ABOUT FORTUNET, INC. According to its website, FortuNet, together
with its wholly owned subsidiaries, Millennium Games, Star Bingo
Holdings, LLC, and Star Bingo Supply, LLC, is engaged primarily in
the business of designing, manufacturing, field maintenance of, and
leasing electronic gaming and entertainment systems throughout
North America. FortuNet derives substantially all of its revenues
from the gaming industry in the United States and Canada.
DATASOURCE: The Yuri Itkis Gaming Trust of 1993 CONTACT: Georgeson
Inc., Banks and Brokers Call +1-212-440-9800, or AllOthers Call
Toll Free +1-800-868-1390
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