Golden Entertainment shares surge 39.61% premarket after announcing acquisition by CEO and sale-leaseback with VICI Properties at 41% premium.

Friday, Nov 7, 2025 5:50 am ET1min read
GDEN--
Golden Entertainment surged 39.61% in premarket trading following the announcement of a definitive agreement to sell its operating assets to CEO Blake Sartini and affiliates, alongside a $1.16 billion sale-leaseback of seven casino properties to VICI Properties. The transaction values Golden shares at $30.00, a 41% premium to its November 5 closing price, with shareholders receiving 0.902 shares of VICI and $2.75 cash per share. The deal, unanimously approved by an independent board committee, includes VICI assuming $426 million of Golden’s debt and offers a tax-efficient path to privatization. The premium pricing and strategic alignment with VICI’s experiential real estate portfolio drove immediate market optimism, overshadowing weaker Q3 earnings results.

Stay ahead of the market.

Get curated U.S. market news, insights and key dates delivered to your inbox.

Comments



Add a public comment...
No comments

No comments yet