Tropicana Las Vegas Hotel & Casino, Inc. 4
4 · Tropicana Las Vegas Hotel & Casino, Inc. · Filed Aug 27, 2015
Insider Transaction Report
Form 4
Ribero Michael A
Director
Transactions
- Disposition to Issuer
Class A Common Stock
2015-08-25−4,000→ 0 total
Footnotes (1)
- [F1]On August 25, 2015, Tropicana Las Vegas Hotel & Casino, Inc., Penn National Gaming, Inc., LV Merger Sub, Inc. and Trilliant Gaming Nevada Inc. consummated the transactions (the "Merger") contemplated under that certain Agreement and Plan of Merger dated as of April 28, 2015 (the "Merger Agreement") pursuant to which each share of Class A common stock and each share of preferred stock issued and outstanding immediately prior to the effective time of the Merger was converted into the right of each holder to receive an amount in cash equal, without interest, to the per share merger consideration calculated in accordance with the terms of the Merger Agreement. Upon the closing of the Merger, each share of Class A common stock was converted into the right to receive approximately $11.25, which amount is subject to post-closing adjustment in accordance with the terms of the Merger Agreement.