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Gaming News
The Stars Group shareholders approve merger with Flutter Entertainment24 April 2020(PRESS RELEASE) -- The Stars Group Inc. is pleased to announce that shareholders today approved the proposal to combine the business with Flutter Entertainment plc. The special resolution approved the previously announced plan of arrangement under the Business Corporations Act between The Stars Group and Flutter, whereby Flutter will acquire all of the issued and outstanding common shares of The Stars Group. Approximately 99.99% of the shares voted at the meeting voted in favor of the special resolution approving the Arrangement. The special resolution is described in greater detail in The Stars Group's management information circular dated 26 March 2020 filed under The Stars Group's profile on SEDAR at www.sedar.com and on EDGAR at www.sec.gov and details of the voting results will be filed under The Stars Group's profile on SEDAR, EDGAR and on The Stars Group's website. On 21 April 2020, the shareholders of Flutter also approved the Arrangement. Subject to remaining regulatory approvals and customary closing conditions, The Stars Group now currently expects the Arrangement to close in May 2020.
The Stars Group shareholders approve merger with Flutter Entertainment
is republished from CasinoVendors.com.
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