“It was just easy and quick,” he said. Finlay Minerals Ltd. (TSXV: FYL) ("Finlay" or the "Company) is pleased to announce a proposed non-brokered private placement financing for aggregate gross … Fertitta Entertainment, the parent company of Golden Nugget/Landry’s and FAST Acquisition Corp. , a special purpose acquisition company, co-headed by Doug Jacob and Sandy Beall, have entered into a definitive merger agreement that will result in Fertitta Entertainment becoming a publicly listed … We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of FAST Acquisition Corp. (“FST” or the “Company”) (NYSE: FST) in connection with the Company’s proposed merger with Fertitta Entertainment Inc. (“Fertitta… Tilman Fertitta, sole owner of Fertitta, will continue to lead the Golden Nugget/Landry’s empire and serve as the chairman/president/CEO of Fertitta Entertainment. FAST Acquisition higher on confirming merger deal with Fertitta Entertainment at ~$6.6B valuation SA Breaking News 02/01 07:39 ET Tilman Fertitta Enters Into Deal To Take Golden Nugget/Landry's Public Executives at Fast Acquisition will not have positions at his company, Fertitta said. Fertitta Entertainment owner and CEO Tilman Fertitta has agreed to merge his company with special purpose acquisition company Fast Acquisition in a $6.6 billion deal. The company intends to effect a merger, stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in restaurant, hospitality, and related sectors. 7) The Bonus After Hours Deal: Fertitta Entertainment, the parent company of Golden Nugget/Landry's, a leader in the gaming, restaurant, hospitality and entertainment industry to go public through a … Under the terms of the agreement, FST will acquire Fertitta through a reverse merger, with Fertitta emerging as a publicly traded company. The $6.6 billion merger deal with the SPAC will allow the sole owner of Fertitta Entertainment, Tilman Fertitta, to retain 60% of the … Fertitta Entertainment Inc (‘FEI’), the parent company of Landry’s restaurants and Golden Nugget casinos is to go public through a reverse takeover of FAST Acquisition, a blank check company. “At the end of the day, the decision to do a deal with FAST was a no-brainer.” Feb 1 (Reuters) - Fertitta Entertainment Inc, owned by Billionaire Tilman Fertitta, said on Monday it has agreed to go public through a merger with a blank-check company, in a deal that values the combined entity at $6.6 billion.. Billionaire owner Tilman Fertitta had already taken Golden Nugget Online Gaming (GNOG) public earlier this year. The Acquisition is expected to close on or about June 30, 2021 subject to certain closing conditions including receipt of all necessary regulatory approvals. The special purpose acquisition company (SPAC) Fast Acquisition Corp., could reportedly help Fertitta raise $1 billion to help retire some debt he has accrued during the pandemic keeping his casinos and restaurant chains afloat. Fertitta Entertainment, the parent company of Golden Nugget/ Landry’s, and Fast Acquisition Corp. have agreed to merge and become a publicly listed company. Representing FAST Acquisition Corp. (NYSE: FST), a special purpose acquisition company, in its announced business combination with Fertitta Entertainment, Inc., the parent company of Golden Nugget/Landry's, a leader in the gaming, restaurant, hospitality, and entertainment industry. Mar 26, 2021, 3:17pm EDT. Fertitta Entertainment Inc. is joining the stock market by merging with FAST Acquisition Corp., a so-called SPAC or special purpose acquisition company, whose … FAST Acquisition Corp. ... Once connected with the operator, please ask to join the "Fertitta Entertainment/Fast Group Business Combination Announcement Conference Call." Poker Legislation Poker Tournaments Fertitta will remain chairman, president and CEO of the parent company of Landry's and Golden Nugget. It's expected to close in the second quarter of this year. Fertitta Entertainment, Inc., the parent company of Golden Nugget/Landry's ("Fertitta" or the "Company"), a leader in the gaming, restaurant, hospitality and entertainment industry, and FAST Acquisition Corp. (NYSE:FST) ("FAST"), a special purpose acquisition company, co-headed by Doug Jacob and Sandy Beall, announced today that they have entered into a definitive merger agreement (the "Merger Agreement") that will result in Fertitta Entertainment … Fertitta Entertainment Inc, which is owned by billionaire Tilman Fertitta, has said that it has agreed to go public through a merger with a blank-check company, in a deal that values the combined entity at $6.6 billion. The deal with FAST Acquisition Corp includes a $1.2 billion private investment from institutional shareholders, Fertitta Entertainment said. USD/bbl. The group’s first SPAC agreed in February to merge with Landry’s parent Fertitta Entertainment Inc., owned by billionaire Tilman Fertitta. Representatives for Golden Nugget and Fast Acquisition declined to comment. Fertitta Entertainment, the parent company of Golden Nugget/Landry’s and FAST Acquisition Corp, a special purpose acquisition company, have entered into a definitive merger agreement that will see Fertitta Entertainment go public. Fertitta Entertainment, Inc., the parent company of Golden Nugget/Landry's, a leader in the gaming, restaurant, hospitality and entertainment industry, and FAST Acquisition … Fertitta Entertainment, the parent company of Golden Nugget/ Landry’s, and Fast Acquisition Corp. have agreed to merge and become a publicly listed company. To receive more information regarding the investigation of FAST Acquisition Corp. please fill out the form below. Play. HOUSTON, Feb. 1, 2021 /PRNewswire/ -- Fertitta Entertainment, Inc., the parent company of Golden Nugget/Landry’s (“Fertitta” or the “Company”), a leader in the gaming, restaurant, hospitality and entertainment industry, and FAST Acquisition Corp. (NYSE: FST) (“FAST”), a special purpose acquisition company, co-headed by Doug Jacob and Sandy Beall, announced today that … The company aims to operate in six states by year’s end as more states expand access to online gaming. HOUSTON, Feb. 1, 2021-- Fertitta Entertainment, Inc., the parent company of Golden Nugget/Landry's ("Fertitta" or the "Company"), a leader in the gaming, restaurant, hospitality and entertainment industry, and FAST Acquisition Corp. (NYSE: FST) ("FAST"), a special purpose acquisition company, co-headed by Doug Jacob and … Texas billionaire Tilman Fertitta is weighing taking a substantial part of his casino and restaurant empire public, … Golden Nugget/Landry’s and FAST Acquisition Corp. to Merge Tilman Fertitta to Lead Company and Remain Largest and Controlling Shareholder Transaction Values Golden Nugget/Landry’s at Enterprise Value of Approximately $6.6 Billion Institutional Investors Commit to Invest Approximately $1.2 Billion at Closing Fertitta is combining his closely held Houston-based business with Fast Acquisition Corp., a shell company taken public last year by fellow restaurateurs Sandy Beall and Doug Jacob, Fertitta Entertainment said in a statement Monday. Bloomberg News reported earlier that the deal was in the works. Fertitta Entertainment, the parent company of Golden Nugget casinos, is going public through a merger with the SPAC FAST Acquisition Corp. 5) FAST Acquisition Corp (FST) & Fertitta Entertainment, the parent company of Golden Nugget/Landry's. FAST Acquisition Corp. (NYSE:FST) has entered a definitive agreement to combine with casino, restaurant and hospitality group Golden Nugget/Landry’s at an enterprise value of $6.6 billion. Fertitta Entertainment is to become a publicly listed company via a definitive merger agreement with Fast Acquisition Corp, a special purpose acquisition company that is co-headed by Doug Jacob and Sandy Beall.. The … ... entered a merger agreement with FAST Acquisition … The owner of the Houston Rockets basketball team is selling Fertitta Entertainment, his casino and steak company, to Fast Acquisition, a blank-check firm managed by the founder of now-bankrupt restaurant chain Ruby Tuesday, for some $6.6 billion including debt. We apologize, but this video has failed to load. Fertitta is combining his closely held Houston-based business with Fast Acquisition Corp., a shell company taken public last year by fellow restaurateurs Sandy Beall and Doug Jacob, Fertitta Entertainment said in a statement Monday. Agreement and Plan of Merger, dated as of February 1, 2021, by and among FAST Acquisition Corp., Fertitta Entertainment, Inc., FAST Merger Corp. and FAST Merger Sub Inc. (incorporated by reference to Exhibit 2.1 to the Company’s Current Report on Form 8-K (File No. Try refreshing your browser, or tap here to see other videos from our team. On February 1, Fertitta Entertainment announced that it would merge with FAST Acquisition (NYSE: FST), a special purpose acquisition company (SPAC), in a deal valued at $6.6 billion. Last week, Suh spoke with Sportico about his involvement in SPACs and his business aims. Fertitta Entertainment will merge with FAST Acquisition Corp. in an agreement that will take the restaurant company public once again, more than a decade after sole owner Tilman Fertitta took it private in 2010. Photo by J. Thomas Ford. This time around, the company—valued at $6.6 billion—is merging with a special purpose acquisition company, FAST Acquisition Corp., to expedite the process. FAST Acquisition Corp. (FST) relating to its proposed merger with Fertitta Entertainment, Inc. Tilman Fertitta’s Golden Nugget Strikes $6.6 Billion Merger with SPAC FAST Acquisition Todd Shriber — February 1, 2021 Caesars Entertainment and Eldorado Resorts in Reported Merger Talks Fertitta Entertainment to go public via reverse takeover. It’s expected to close in the second quarter of this year. The $6.6 billion merger deal with the SPAC will allow the sole owner of Fertitta Entertainment, Tilman Fertitta, to retain 60% of the … FAST MadMoney.mp4 from &vest on Vimeo. The deal with FAST Acquisition Corp includes a $1.2 billion private investment from institutional shareholders, Fertitta Entertainment said. $1.2B PIPE. The definitive merger agreement, which also includes Landry's restaurants, was announced in a press release Monday. Merger Agreement . FAST Acquisition to Acquire Fertitta Entertainment, Company Valued at $2B. Fertitta Entertainment, Inc., the parent company of Golden Nugget and Landry’s, announced Monday it will become publicly listed. HOUSTON, Feb. 1, 2021 /PRNewswire/ -- Fertitta Entertainment, Inc., the parent company of Golden Nugget/Landry's ("Fertitta" or the "Company"), a leader in the gaming, restaurant, hospitality and entertainment industry, and FAST Acquisition Corp. (FST) ("FAST"), a special purpose acquisition company, co-headed by Doug Jacob and Sandy Beall, announced today that they have … February 1, 2021 - 7:00 am. FAST Acquisition Corp. (NYSE:FST) has entered a definitive agreement to combine with casino, restaurant and hospitality group Golden Nugget/Landry’s at an enterprise value of $6.6 billion. Fertitta Entertainment, the entity controlling the Golden Nugget land-based casinos and Landry’s restaurants, confirms today that it’s merging with blank-check firm FAST Acquisition (NYSE:FST) in a deal valuing the leisure and hospitality company at $6.6 billion. Fertitta is combining his closely held Houston-based business with Fast Acquisition Corp., a shell company taken public last year by fellow restaurateurs Sandy Beall and Doug Jacob, Fertitta Entertainment said in a statement Monday. Fertitta Entertainment, the parent company of Golden Nugget/Landry’s and FAST Acquisition Corp, a special purpose acquisition company (SPAC), have entered into a definitive merger agreement that will see Fertitta Entertainment go public. NEW YORK, Feb. 1, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of FAST Acquisition … Fertitta Entertainment, Inc. , the parent company of Golden Nugget/Landry's, will merge with FAST Acquisition Corp. , according to a press release issued Monday. By Emma Liem Beckett • Feb. 01, 2021 The owner of the Houston Rockets basketball team is selling Fertitta Entertainment, his casino and steak company, to Fast Acquisition, a blank-check firm managed by the founder of now-bankrupt restaurant chain Ruby Tuesday, for some $6.6 billion including debt. And that is the fact that Fertitta has just announced that his company Fertitta Entertainment is going public via a SPAC, FAST Acquisition . Fertitta Entertainment owner and CEO Tilman Fertitta has agreed to merge his company with special purpose acquisition company Fast Acquisition in a $6.6 billion deal. Tilman Fertitta, the sole owner of Fertitta Entertainment, will continue to … Tilman Fertitta is taking his company public through merging with FAST Acquisition Corp., a SPAC. On February 1, 2021, FAST Acquisition Corp. (the “Company”) entered into an agreement and plan of merger (the “Merger Agreement”) with Fertitta Entertainment, Inc., a Texas corporation (“FEI”), FAST Merger Corp., a Texas corporation and direct subsidiary of the Company (“FAST Merger Corp.”) and FAST Merger Sub Inc., a Texas corporation and direct … Read the full story on Bloomberg here. Fertitta Entertainment, the parent company of Landry’s, the operator of Golden Nugget, is set to go public on the New York Stock Exchange (NYSE) via a merger with Fast Acquisition Corporation, a special purpose acquisition company (SPAC). "Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed. Atlanta Falcons player Todd Gurley isn’t listed as an advisor for the second FAST after being one in the original blank check. The deal with FAST Acquisition Corp (FST) includes a $1.2 billion private investment from institutional shareholders, Fertitta Entertainment said. Summary. The … The first FAST Acquisition has a deal to take Tilman Fertitta’s restaurant arm, Fertitta Entertainment, public. Fertitta to retain controlling stake Golden Nugget and Landry’s parent company Fertitta Entertainment is planning to go public on the New York Stock Exchange through the FAST Acquisition Corporation special purpose acquisition company (SPAC). Fertitta Entertainment, the parent company of the Golden Nugget casinos and Landry’s, announced Monday that it plans to merge with FAST Acquisition Corp. and go public. Kura Sushi USA, a revolving sushi-style restaurant, went the traditional IPO route in 2019. olden Nugget and NBA's Houston Rockets owner Tilman Fertitta is reportedly in talks to take his casino and restaurant empire public through a merger with special purpose acquisition company Fast Acquisition Corp., according to Bloomberg.. Fertitta Entertainment, billionaire Tilman Fertitta’s casino and steak business, agreed on Feb. 1 to go public via a sale to Fast Acquisition, a special purpose acquisition company, in a deal that values Fertitta Entertainment at $6.6 billion including debt, adjusted for the current share price of a stake in Golden Nugget Online Gaming. The company’s new name will reportedly be Golden Nugget Entertainment. The merger will have its parent company, Fertitta Entertainment, merging with Fast Acquisition. The group includes five casinos and 557 restaurants including brands like Morton’s Steakhouse and Bubba Gump Shrimp across 38 states, DC and Puerto Rico with 41 units located internationally. FAST Acquisition Corp. ( FST) , said it will merge with Fertitta Entertainment in a deal that gives Fertitta a 60% controlling interest in the group, for which he will remain chairman, president and chief executive officer, that will be valued at $6.6 billion. The transaction values FEI at $6.6 billion enterprise valuation. About Fertitta Entertainment, Inc. ... LLC and Golden Nugget, is in the process of becoming a public company via a merger with Fast Acquisition Corp., which is a publicly traded special purpose acquisition company (also known as a “SPAC”). It is … In June, Fertitta disclosed plans to bring Golden Nugget’s online gaming unit public through a merger with a blank-check company it created last year with Jefferies Financial Group Inc. The deal, which valued the business at $745 million, is awaiting shareholder approval. Tilman Fertitta is selling his casino and steak company Fertitta Entertainment to blank-check firm Fast Acquisition for some $6.6 billion including debt. Get instant alerts when news breaks on your stocks. The deal with FAST Acquisition Corp includes a $1.2 billion private investment from institutional shareholders, Fertitta Entertainment said. Press release - The Insight Partners - (2021-2028) Global Smart Speaker Market Size, Industry Production, Sales and Consumption Status and Prospects Research report - … Merger Agreement On February 1, 2021, FAST Acquisition Corp. (the "Company") entered into an agreement and plan of merger (the "Merger Agreement") with Fertitta Entertainment, Inc., a Texas corporation ("FEI"), FAST Merger Corp., a Texas corporation and direct subsidiary of the Company ("FAST Merger Corp.") and FAST Merger … SHAREHOLDER ALERT: WeissLaw LLP Investigates FAST Acquisition Corp. Feb 10, 2021 11:09 AM ET. The Houston billionaire announced that his company, Fertitta Entertainment, will go public via a merger with FAST Acquisition Corp. (NYSE: FST). On February 1, Fertitta Entertainment announced that it would merge with FAST Acquisition (NYSE: FST), a special purpose acquisition company (SPAC), in a … Tilman Fertitta’s Golden Nugget/Landry’s Goes Public via SPAC. FAST Acquisition Corp. was founded … Fertitta Entertainment, the parent company of Golden Nugget/Landry’s and FAST Acquisition Corp, a special purpose acquisition company, have entered into a definitive merger agreement that will see Fertitta Entertainment go public. To receive more information regarding the investigation of FAST Acquisition Corp. please fill out the form below. Project Manager & Executive Assistant to CEO & Cofounder at Fertitta Capital Deirdre Hudson [L.I.O.N] Sr. It is … FAST Acquisition Corp. (FST) relating to its proposed merger with Fertitta Entertainment, Inc. The Houston Rockets, purchased by Fertitta for $2.2 billion in 2017, were not part of the FAST Acquisition merger. "I look forward to returning my Company to the public marketplace. After taking the Company private in 2010, we accomplished a lot. Fertitta Entertainment strikes deal to take Landry's public The restaurant company will merge with FAST Acquisition Corp. to return to the Nasdaq exchange a decade after going private in 2010. 71.11. If a special purpose acquisition company is serving up any kind of deal, Tilman Fertitta is ordering. ... entered a merger agreement with FAST Acquisition … Fertitta Entertainment. Claim your 1-week free trial to StreetInsider Premium here. Legal Newswire POWERED BY LAW.COM . Fertitta Entertainment Inc (‘FEI’), the parent company of Landry’s restaurants and Golden Nugget casinos is to go public through a reverse takeover of FAST Acquisition, a blank check company. The deal with FAST Acquisition Corp FST.N includes a $1.2 billion private investment from institutional shareholders, Fertitta Entertainment said. The deal will value the company at $6.6 billion. Fertitta Entertainment, the parent company of Golden Nugget/Landry’s and FAST Acquisition Corp. , a special purpose acquisition company, co-headed by Doug Jacob and Sandy Beall, have entered into a definitive merger agreement that will result in Fertitta Entertainment becoming a publicly listed … His company, Fertitta Entertainment, agreed to a $6.7 billion deal to merge with the special purpose acquisition company (SPAC) Fast Acquisition. Fertitta Entertainment, the parent company of Golden Nugget/Landry’s casino and restaurant businesses, is going back to the public via a merger with a special purpose acquisition company (SPAC), Fast Acquisition.. SPAC Route More Effective. The deal with FAST Acquisition Corp includes a $1.2 billion private investment from institutional shareholders, Fertitta Entertainment said. Investor Presentation: View. FAST Acquisition Corp. target valuation: ... Fertitta said his hospitality company, Fertitta Entertainment, will become more of a gaming company. Institutional shareholders have committed to a $1.2 billion PIPE investment (Private Investment in Public Equity); cash proceeds are expected to consist of FAST’s … $6.6B EV. Cramer's lightning round: Fast Acquisition Corp is a buy. Hospitality titan Tilman Fertitta has announced a deal to take his Fertitta Entertainment Inc. company public via a merger with blank check company Fast Acquisition Corp. The deal with FAST Acquisition Corp includes a $1.2 billion private investment from institutional shareholders, Fertitta Entertainment said. HOUSTON, Feb. 1, 2021 /PRNewswire/ -- Fertitta Entertainment, Inc., the parent company of Golden Nugget/Landry's , a leader in the gaming, restaurant, hospitality and entertainment industry, and... | May 27, 2021 7:10 am ET February 1, 2021 (Benzinga) Print. FAST Acquisition Corp. FST: $12.15 (0.0% ... Target Notes: Fertitta Entertainment is the parent company of Tilman Fertitta's Golden Nugget/Landry's, "a leader in the gaming, restaurant, hospitality and entertainment industry." Under the terms of the agreement, FST will acquire Fertitta through a reverse merger, with Fertitta emerging as a publicly traded company. Business Wire India ~ Claus Sørensen Cold Storage is a leading cold storage company in Denmark ~ ~ Acquisition adds warehouse network and capable team that will strengthen Lineage’s end-to-end supply chain offering for its customers in the Nordic region~ Lineage Logistics, LLC (“Lineage” or the “Company”), a leading global temperature-controlled industrial REIT and… Billionaire owner Tilman Fertitta had already taken Golden Nugget Online Gaming (GNOG) public earlier this year. Tilman Fertitta is taking Landry's public. Shares in Fast Acquisition rose as high as 19% on the news and were trading at 5.6% at $11.05 at 3:48 p.m. in New York. SHAREHOLDER NOTICE: Brodsky & Smith, LLC Announces an Investigation of FAST Acquisition Corp. (NYSE – FST) BALA CYNWYD – February 2, 2021 /Access Wire/ – Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of FAST Acquisition Corp (“FAST” or the “Company”) (NYSE – FST) […] Fertitta Entertainment Inc, the parent company of Golden Nugget/Landry’s, and FAST Acquisition Corp, a special purpose acquisition company, co-headed by Doug Jacob and Sandy Beall, have entered into a definitive merger agreement that will take Fertitta Entertainment public again. Tilman Fertitta is taking his restaurants public. There also have been reports that another lucrative SPAC-led deal could be on the horizon. “I look forward to returning my company to the public marketplace. ilman Fertitta is taking Golden Nugget casino company public again through a merger with special purpose acquisition company Fast Acquisition Corp. that values his Fertitta Entertainment Inc. at $6.6 billion, including debt. +0.23 +0.32%. If a special purpose acquisition company is serving up any kind of deal, Tilman Fertitta is ordering. Fertitta would be the Chief Executive Officer of the combined company and its largest shareholder, the company said. Fast Acquisition already is listed on the NYSE. the parent company of Golden Nugget/Landry’s, and FAST Acquisition Corp. a special purpose acquisition company or SPAC will merge, resulting in Fertitta Entertainment becoming a publicly listed company. Keep tabs on the status of all SPACs that are sports-focused and/or are led by sports executives with Sportico’s tracker. $207M EV. Fertitta Entertainment, Inc., the parent company of Golden Nugget and Landry’s, announced Monday it will become publicly listed. 6) Leisure Acquisition Corp. (LACQ) & Ensysce Biosciences, a clinical-stage biopharma company working on prescription medicines that prevent drug abuse and overdoses. SHAREHOLDER NOTICE: Brodsky & Smith, LLC Announces an Investigation of FAST Acquisition Corp. (NYSE - FST) BALA CYNWYD, PA / ACCESSWIRE / February 2, 2021 / Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of FAST Acquisition Corp ("FAST" or the "Company") (NYSE:FST) for possible breaches of fiduciary duty and … Before I get into the whole question about which stock is the better buy, I … Fertitta Entertainment Inc. is joining the stock market by merging with FAST Acquisition Corp., a so-called SPAC or special purpose acquisition company, whose … The deal will value the company at $6.6 billion. On February 1, 2021, FAST Acquisition Corp. (the “Company”) entered into an agreement and plan of merger (the “Merger Agreement”) with Fertitta Entertainment, Inc., a Texas corporation (“FEI”), FAST Merger Corp., a Texas corporation and direct subsidiary of the Company (“FAST Merger Corp.”) and FAST Merger Sub Inc., a Texas corporation and direct … Fertitta Entertainment, the parent company of Golden Nugget/Landry’s casino and restaurant businesses, is going back to the public via a merger with a special purpose acquisition company (SPAC), Fast Acquisition.. SPAC Route More Effective. On February 1, 2021, FAST Acquisition confirmed plans to acquire Fertitta Entertainment for a staggering $6.6 billion, or 9.25x Fertitta Entertainment’s estimated 2022 EBITDA of $648 million. Item 1.01. Tilman Fertitta is about to become even wealthier. Sportico’s Sports SPAC Tracker – Sportico.com. Another blank-check company co-created by local billionaire Tilman Fertitta has raised $500 million to take a yet-to-be … Tilman Fertitta, sole owner of Fertitta, will continue to lead the Golden Nugget/Landry’s empire and serve as the chairman/president/CEO of Fertitta Entertainment. About Fertitta Entertainment, Inc. ... LLC and Golden Nugget, is in the process of becoming a public company via a merger with Fast Acquisition Corp., which is … Fertitta Entertainment, parent company of Golden Nugget/Landry's, and FAST Acquisition announced today that they have entered into a definitive merger agreement. Fertitta is combining his closely held Houston-based business with Fast Acquisition Corp., a shell company taken public last year by fellow restaurateurs Sandy Beall … The deal values Fertitta's empire, which includes the Landry's restaurant group and Golden Nugget casinos at $6.6 billion. The transaction implies an enterprise valuation for Golden Nugget/Landry's of approximately $6.6 billion, or 9.25x projected 2022 pro forma Adjusted EBITDA of $648 million, including the value of the GNOG equity to … Additionally, Fertitta Entertainment, the parent company of the Golden Nugget casinos and Landry’s, announced in February that it plans to merge with FAST Acquisition Corp. and go public. Golden Nugget/Landry's and FAST Acquisition Corp. to Merge Tilman Fertitta to Lead Company and Remain Largest and Controlling Shareholder Transaction Values Golden Nugget/Landry's at …
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