Apollo will … The industry that deals in casinos is called the gaming industry. Great Canadian Gaming Corporation and Funds Managed by Affiliates of Apollo Global Management, Inc. Agree to Increased Purchase Price of C$45 per Share in Cash Stockhouse.com use cookies on this site. Major Products and Services 2.3. CPE News (12/21/2020) – Apollo Global Management, Inc. (NYSE: APO) has increased its offer to acquire Great Canadian Gaming Corporation (TSX: GC) from CDN $39.00 per share to $45 per share from approximately $2.63 billion in total equity value, up from $2.28 billion. It operates scheduled passenger services to communities in the Northwest Territories, Nunavik and Nunavut, as well as southern destinations such as Edmonton, Montreal … Great Canadian Gaming is a multi-jurisdictional gaming and entertainment operator with operations in British Columbia, Ontario and Nova Scotia, Canada and Washington State, the United States. A bitter legal fight ensued as Caesars sought to … Great Canadian will host a conference call for investors and analysts tomorrow, November 11, 2020, at 8:30AM Eastern Time in order to review the financial results for the quarter ended September 30, 2020. Great Canadian Gaming Corp. intends to make a substantial issuer bid, pursuant to which the company will offer to purchase for cancellation up to $500-million of its outstanding common shares from shareholders. Apollo will pay $39 a share for the Toronto-listed casino operator, Great Canadian Gaming said in a statement late Tuesday. Great Canadian Gaming Corp, an operator of 25 gaming, entertainment and hospitality facilities, has agreed to be acquired by Apollo Global Management. The acquisition will amount to some CA$2.1 billion in Great Canadian Gaming common stock. Founded in 1982, Great Canadian Gaming Corporation is an Ontario-based company that operates 25 gaming, entertainment and hospitality facilities in … Apollo to acquire Great Canadian Gaming for $2.3B. The parties were sent back to the drawing board after several large and key stakeholders in the Canadian gaming operator expressed concern and discontent over an offer they considered too low. To participate in the conference call, please dial 416-764-8688, 778-383-7413, or toll free at 1-888-390-0546. Define Gaming Subsidiaries. Great Canadian Gaming Corp. (TSX:GC) Up 49 cents, or 1.13 per cent, to $43.96. Great Canadian Gaming is engaged in operating a gaming, entertainment and hospitality facilities in Ontario, British Columbia, New Brunswick and Nova Scotia. Great Canadian Gaming Corporation Announces the Filing of Proxy Materials in Respect of the Proposed Acquisition by an Affiliate of Funds Managed by … – Detailed reports of various financial transactions undertaken by Great Canadian Gaming Corporation and its subsidiaries since 2007. – Information about key financial and legal advisors for Great Canadian Gaming Corporation's financial deals transactions. Founded in 1982, Great Canadian Gaming Corporation is an Ontario-based company that operates 25 gaming, entertainment and hospitality facilities in Ontario, British Columbia, New Brunswick, and Nova Scotia. Great Canadian Gaming Corp (GCGC) will be acquired by private equity firm Apollo Global Management in a deal worth $2.5 billion. --Great Canadian Gaming Corporation today announced that it has entered into a definitive agreement to be acquired by funds managed by affiliates of … You are invited to review the jobs and career opportunities here and apply online to work at the Great Canadian location of your choice. Great Canadian will host a conference call for investors and analysts tomorrow, November 11, 2020, at 8:30AM Eastern Time in order to review the financial results for … Canadian North is a wholly Inuit-owned airline headquartered in Kanata, Ontario,[5] Canada. The Intertain Group Limited, formerly Aumento Capital II Corporation, is an online gaming company that provides entertainment to … Apollo Global Management, Inc. (NYSE: APO) has entered into a definitive agreement to acquire Great Canadian Gaming Corporation (TSX: GC) for CDN $39.00 per share for approximately CDN $2.29 billion in equity value or CDN $3.3 billion in total enterprise value. Great Canadian Gaming Corp. agreed to be acquired by Apollo Global Management Inc. in a deal valued at more than $3.3 billion, the latest shift for the casino industry that’s been hit by the COVID-19 pandemic. Locations, Subsidiaries, Operating Units 3. Founded in 1982, Great Canadian Gaming Corporation is an Ontario based company that operates 25 gaming, entertainment and hospitality facilities in … Some online casinos claim higher payback percentages for slot machine games, and some publish payout percentage audits on their websites. GC.CA — … TORONTO, Nov. 30, 2020 /CNW/ - Great Canadian Gaming Corporation (TSX: GC) ("Great Canadian" or the "Company") today announced that it has made available a Shareholder Update in respect of its previously announced proposed acquisition (the "Transaction") by an affiliate of funds managed by affiliates of Apollo Global Management, Inc. (NYSE: APO) (together with its subsidiaries… Initially an offer to the value of CA$2.1 billion on the table in terms of Great Canadian Gaming common stock, the hike to $2.54 billion is quite the considerable climb. Facebook is showing information to help you better understand the purpose of a Page. 7 were here. Great Canadian Gaming Corporation wants to be acquired by Apollo Global Management, Inc. striving to improve its gambling and hospitality potential. Markets and Sales Activities 2.4. Sponsorship from Leading Investment Manager to Bring Additional Gaming and Hospitality Expertise to Great CanadianApollo Expresses Support for Safe Reopening and Welcoming Back Team Members in Adherence with All Applicable Health and Safety RestrictionsTORONTO, Nov. 10, 2020 (GLOBE NEWSWIRE) -- Great Canadian Gaming Corporation (TSX:GC) (“Great Canadian” or the … Great Canadian Gaming's proposed acquisition by a fund affiliated with Apollo Global Management Inc. moved a step closer to completion following approval by Investment Canada. Apollo increases Great Canadian Gaming bid from $2.28B to $2.63B. Great Canadian Gaming Corporation (TSX:GC) (“Great Canadian” or the “Company”) today announced that it has entered into a definitive agreement to be acquired by funds (the “Apollo Funds”) managed by affiliates of Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”). See Leadership - Great Canadian Gaming Corporation join the great canadian gaming team! Apollo Expresses Support for Safe Reopening and Welcoming Back Team Members in Adherence with All Applicable Health and Safety Restrictions TORONTO, Nov. 10, 2020 (GLOBE NEWSWIRE) — Great Canadian Gaming Corporation (TSX:GC) (“Great Canadian” or the “Company”) today announced that it has entered into a definitive agreement to be acquired by funds (the “Apollo … GREAT CANADIAN GAMING CORP. BUSINESS OVERVIEW 2.1. Business Description 2.2. means Silicon Gaming-Nevada, Inc., Silicon Gaming-Mississippi, Inc., and any other Subsidiary that is subject to the regulatory, licensing or permit authority and jurisdiction of any Gaming Authority. Great Canadian is a leading gaming, entertainment and hospitality company in Canada. 2. GREAT CANADIAN Fundamental to This announcement stirred the pot on a national level, but there were also many supporters of this move. What is Great Canadian Gaming Corp stock price?