InvestorsHub Logo

mick

05/08/17 12:54 PM

#3533 RE: marirstk #3528

$EGT kind of same here, this tender offer doesn't cover the reverse splits /////\\\\\

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.