![]() ![]() The transaction is subject to certain regulatory, shareholder and third-party approvals. 10, 2009 closing price of CDI common stock. 11, 2009, CDI and Youbet announced their proposed merger by which CDI would acquire all of the outstanding shares of Youbet, in a transaction valued at approximately $126.8 million based on the Nov. CDI and Youbet are in the process of gathering information to respond to the second requests and are working cooperatively with the DOJ as it reviews the merger. These actions, commonly referred to as “second requests,” have the effect of extending the waiting period under the Hart-Scott-Rodino Antitrust Improvement Act of 1976, as amended (“HSR Act”), until 30 days after both parties have substantially complied with the requests, subject to any modifications of the requests to which the DOJ may agree. Department of Justice (“DOJ”) for additional information and documentary material in connection with the parties’ proposed merger transaction. (NASDAQ: UBET) (“Youbet”) announced today that they have received requests from the U.S. Receive Second Requests Under Hart-Scott-Rodino Premerger Notification StatuteĬhurchill Downs Incorporated (“CDI”) (NASDAQ: CHDN) and, Inc. Receive Second Requests Under Hart-Scott-Rodino Premerger Notification Statute 22.2 KBĬhurchill Downs Incorporated and, Inc. ![]()
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