The transaction is not subject to a financing condition. Maverick intends to fund the transaction primarily with debt financing from Nevada State Bank plus equity financing from Maverick. An affiliate of Maverick owns the Wendover Nugget Hotel & Casino and Red Garter Hotel & Casino in Wendover, Nevada, along with various other assets. The transaction will result in the Company becoming a private company. Under the terms of the merger agreement, Maverick will acquire all of the outstanding shares of the Company’s common stock for $2.50 per share in cash, subject to certain minor adjustments. (NYSE MKT: UWN) today announced the signing of a definitive merger agreement with Maverick Casinos, LLC (“Maverick”). 18, 2018 (GLOBE NEWSWIRE) - Nevada Gold & Casinos, Inc.
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