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ByAinvest
Thursday, Nov 6, 2025 10:29 am ET1min read
Golden Entertainment surged 39.71% intraday, driven by its announcement of a $30.00-per-share acquisition deal with VICI Properties, offering shareholders 0.902 shares of VICI and $2.75 cash per share—a 41% premium over the Nov. 5 closing price. The transaction includes VICI acquiring seven casino properties and assuming $426 million in debt, with the deal expected to close in mid-2026, enhancing shareholder value. Golden Entertainment operates casinos and bars, with the merger aiming to streamline its assets and reduce liabilities.
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