Monday, May 08, 2017 12:54:06 PM
HONG KONG, May 8, 2017 /PRNewswire/ -- The Board of Directors of Entertainment Gaming Asia Inc. (EGT) (the "Company") today confirmed that Melco International Development Limited (0200.HK) ("Melco"), through its wholly-owned subsidiary EGT Nevada Holding Inc., has commenced an unsolicited cash tender offer ("Offer") to acquire all outstanding shares of common stock, $0.001 par value, of the Company ("Company Common Stock"), other than shares of Company Common Stock owned by Melco or its affiliates, at a price of $2.35 net per share.
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