|[September 10, 2013]
Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of MTR Gaming Group, Inc. Shareholders
NEW YORK --(Business Wire)--
Kirby McInerney LLP is investigating potential claims against the Board
of Directors of MTR Gaming Group, Inc. ("MTR Gaming" or the "Company")
(NASDAQ: MNTG) related to the proposed acquisition of the Company by the
parent company of Eldorado Resorts, LLC ("Eldorado"). Under the terms of
the transaction, MTR Gaming shareholders will be offered a cash election
option at $5.15 per share for up to 5.8 million shares and the remaining
common shares will be exchanged for shares in the combined new company.
The investigation concerns whether the MTR Gaming Board of Directors
violated its fiduciary duties by agreeing to this transaction and
hether the proposed consideration adequately values MTR Gaming common
shares. At least one stock analyst has a price target of $7.00 per MTR
If you are a MTR Gaming shareholder and wish to obtain additional
information, please contact J. Brandon Walker, Esq. by email at firstname.lastname@example.org,
by telephone at (212) 699-1145 or (888) 529-4787, or by filling
out this contact form.
Kirby McInerney LLP is a New York-based law firm concentrating in
securities, shareholder, whistleblower, antitrust and consumer
litigation. For additional information, please go to www.kmllp.com.
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