Dover Downs Gaming & Entertainment Shareholders Approve Merger With Twin River

(RTTNews) - Dover Downs Gaming & Entertainment, Inc. (DDE) Tuesday said its shareholders have approved the proposed merger of Dover Downs and Twin River Worldwide Holdings, Inc. at a special meeting.

Both the companies expect to close the transaction on March 28, 2019. Over 99% of the votes cast were cast in favor of the merger.

Following the deal, Dover Downs will become a wholly-owned subsidiary of Twin River, and all outstanding shares of Dover Downs common stock and class A common stock will be converted into the right to receive shares of Twin River common stock.

Dover Downs common stock will cease trading on, and be delisted from, the New York Stock Exchange. Twin River's common stock will be listed on the NYSE under the symbol "TRWH" and begin trading on March 29, 2019.