Le Lézard
Classified in: Business
Subject: ATY

Wolf Popper LLP Investigates the Proposed Acquisition of Dover Downs Gaming & Entertainment, Inc. By Twin River Worldwide Holdings, Inc.


NEW YORK, Nov. 12, 2018 /PRNewswire/ -- Wolf Popper LLP is investigating claims on behalf of investors in Dover Downs Gaming & Entertainment, Inc. (Nasdaq: DDE), concerning the proposed acquisition of Dover Downs by Twin River Worldwide Holdings, Inc.  According to Carl Stine, a partner at Wolf Popper LLP, "This transaction was obviously designed to protect the 91-year-old Chairman's holdings, but the proxy doesn't provide sufficient information about Twin River's value to allow Dover Downs' other shareholders to make an informed decision as to how to vote."    

Under the terms of the proposed acquisition, Dover Downs' shareholders will exchange their Dover Downs stock for Twin River common shares representing 7.225% of the equity in the combined company at closing. Twin River is a privately held company.  Dover Downs' shareholders seeking more information about the transaction or Wolf Popper's investigation can contact Mr. Stine at (212) 759-4600 or [email protected].

Wolf Popper has extensive experience representing investors in mergers and acquisition lawsuits.  Ten Wolf Popper attorneys were named Super Lawyers or Rising Stars in the 2018 Super Lawyers New York City Metro Edition, including Wolf Popper partner Carl Stine, who was included in the Super Lawyers Top 100 List for the New York City Metro area.  View Wolf Popper attorney biographies at www.wolfpopper.com.

Attorney Advertising: Prior Results Do Not Guarantee A Similar Outcome.

Wolf Popper LLP
845 Third Avenue
New York, New York 10022
Telephone: 212-759-4600
Toll Free Tel: 877-370-7703
Toll Free Fax: 877-370-7704
Email: [email protected]

SOURCE Wolf Popper LLP


These press releases may also interest you

at 21:00
OKX Ventures, the investment arm of leading crypto exchange and Web3 technology company OKX, today published a report titled 'Unlocking the Infinite Potential of Crypto and AI.' The report explores the convergence of AI and crypto, a major trend in...

at 20:50
Pharma (1167.HK), a clinical-stage oncology company drugging the undruggable targets, today announced its 2023 annual results. The revenue was RMB63.5 million, the R&D investment was RMB372 million, the cash and cash equivalent at the end of 2023 was...

at 20:45
The "Austria Social Commerce Market Intelligence and Future Growth Dynamics Databook - 50+ KPIs on Social Commerce Trends by End-Use Sectors, Operational KPIs, Retail Product Dynamics, and Consumer Demographics - Q1 2024 Update" report has been added...

at 20:40
Osisko Development Corp. ("Osisko Development" or the "Company") reports its financial and operating results for the three and twelve months ended December 31, 2023 ("Q4 2023"). Q4 2023 HIGHLIGHTS Operating, Financial and Corporate Updates: 2,090...

at 20:39
TSX VENTURE COMPANIES BULLETIN V2024-0926 VALLEYVIEW RESOURCES LTD. ("VVR")BULLETIN TYPE:  Resume TradingBULLETIN DATE: March 28, 2024TSX Venture Tier 2 Company Reference is made to our bulletin dated March 26, 2024 with respect to the listing of the...

at 20:30
WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Sonder Holdings Inc. resulting from allegations that Sonder may have issued materially misleading business...



News published on and distributed by: