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Yes and no. You left out the part where they need to divestiture 3 properties and the iHRC needs to vote.
Indiana voted and approved merger, the last state to approve the merger is New Jersey next week.
ERI/CZR, Nevada regulators OK company buying Caesars Entertainment | Fox Business
https://www.google.com/amp/s/www.foxbusiness.com/markets/nevada-regulators-ok-company-buying-caesars-entertainment.amp
https://www.google.com/amp/s/www.reviewjournal.com/business/casinos-gaming/caesars-shareholders-prepare-for-eldorado-merger-2070757/amp/
Looks like this thing is about to happen.
Yes, and your right, time to enjoy. :)
ERI
Everything looks great. My only concern is the horse racing commission in Indiana. That is Monday though and this is time to celebrate
ERI/CZR, Gaming Control Board approves Caesars Entertainment-Eldorado Resorts merger | Las Vegas Local Breaking News, Headlines | fox5vegas.com
https://www.fox5vegas.com/news/ftc-approves-caesars-eldorado-merger/article_a35af052-b7d9-11ea-a694-cf4fd2a0bb9d.html#:~:text=Caesars%20Palace%20in%20Las%20Vegas.&text=LAS%20VEGAS%20(FOX5)%20%2D%2D%20Caesars,merger%20with%20Eldorado%20Resorts%2C%20Inc
Reccommending Approval... Eldorado-Caesars $17.3B deal could take step closer to reality | Las Vegas Review-Journal
https://www.reviewjournal.com/business/casinos-gaming/gaming-board-to-consider-eldorado-caesars-17-3b-deal-watch-live-2069813/
She swimming!!
I think this is why everything is hitting the fan
https://www.google.com/amp/s/seekingalpha.com/amp/news/3589128-indiana-regulators-raise-concerns-on-caesars-eldorado-deal
Nice chart. Very helpful. Ditched the stock at 38.40 (7500 shares) rebought at 36.15 (8000 shares) very helpful now we see what tomorrow brings.
So confused by the market today. All this week news will be pumped out and for an odd reason, ERI is in decline.
NV to take vote on July 8, 2020 for ERI merger.
https://www.casinonewsdaily.com/2020/07/06/nevada-casino-regulators-to-review-caesars-eldorado-marriage-this-week/
One of my favorites.... ERI
No moves up meeting and a special meeting is set for July 10
https://www.google.com/amp/s/www.reviewjournal.com/business/casinos-gaming/state-gaming-boards-to-consider-caesars-eldorado-merger-2066054/amp/
We have shifter into an up trending environment. 5 day chart 30 min frames confirms wave 3
$ERI
Well ERI is back on track with some big dates coming up. Pending any emergency state meetings.
July 10 Indiana gaming commission meets (on the agenda)
July 15 Nevada and New Jersey meet next. (Not on agenda... yet)
July17 shirts for the month were due and set at $35 a share.
August 6 expected announcement on company position.
It will be an interesting month especially because predictions say ERI closes the deal between end of July and August 6. Hold on tight should be a bumpy ride. In the end though predictions for stock post merge range from 35 to 80 a share
I am not sure how fast they can find buyers for the other casinos and I know it is costing them money every day they don’t close this deal. Not sure what the play is here. My hope is they knew this ahead of time and have a buyer lined up.
A little concerned they may just walk away.
Thanks for that. Possible bounce but more likely a dead cat here short term. Danggit
ERI, Hold on tight.....Eldorado Resorts Stock Will Jump When the Caesars Deal Closes | InvestorPlace
https://investorplace.com/2020/06/eldorado-resorts-stock-jump-caesars-merger-closes/
Looking good. Need to close 30 min candle above $45 to confirm new uptrend. Imo
I dropped LVS. Casinos got ahead of themselves?
Trend up or trend down?
Trend is your friend.
So my gut is saying the merger is closing the week of July 13.
Showed the bounds close July 6
https://www.businesswire.com/news/home/20200619005444/en/Eldorado-Resorts-Announces-Pricing-Offerings-3400-Million
Indiana will hear the case for ERI July 10
https://www.google.com/amp/s/www.casino.org/news/indiana-will-finally-take-up-eldorado-caesars-deal-in-july/amp/
In my opinion this will go down the following week, which means we got a whole month to see what the country does about COIVD 19.
This is all jubberish to me. The graph shows what has happened not what will happen.
Looks like the merger won’t be until after July 10th.
https://www.cdcgamingreports.com/17-3-billion-eldorado-caesars-transaction-closing-wont-take-place-until-july/
Strong day as of now. Looks good though. Wish it was like this all the time.
Food for thought as we get closer
https://www.google.com/amp/s/www.cnbc.com/amp/2020/06/16/eldorado-caesars-cost-cutting-is-boosting-profits-at-regional-casinos.html
I just wish I didn’t pull out and re enter. Today’s market is up and down. I am waiting for it to jump or crash at this point. I think the merger is coming next week. Rumor has it that the FTC may meet on it next week. Once the blessing is given then NV, NJ and IN, will issue their decisions.
Very nice! Your setting on a mini-goldmine. ERI
I have 5910 shares
Now I remember that post! Wow! Do you still have that many ERI shares?
So far from all the financial news outlets very positive response to the offering.
A Stifel analyst gave ERI a Price Target $100 for the end of 2020 before Covid19 crash. Probably won't get there this year but, how about next year .
That is why I am a long term holder.
https://www.cdcgamingreports.com/transactions-show-eldorado-is-looking-ahead-to-post-caesars-merger/
This confirms what someone already said on the board
For me, I am giving this stock time. I am in it long term. Personally, I never thought I would be holding the quantity of ERI shares I am holding. The dip gave me a very fortunate opportunity. :)
I would agree with you had they not Diluted the stock with this new offering. The other thing we have to keep in mind is Covid cases could be on the rise in Nevada due to the massive protesting that has been occurring. The governor is already threatened recently to shut them down if it spiked
This is a good thing.....Mega Deal will happen. ERI, Eldorado Resorts was pre-covid a $70 stock... with CZR/Caesar Deal, we have a $100 stock! Imo
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