I am still a little confused. If I sell my GDEN today, am I still entitled to the Jamul note? Since no actual distribution of Jamul ownership during the merger, who will pay the ex- LACO holders the note when Jamul casino opens? Will PENN Central pay it directly to the ex-LACO holders? Is LACO still an entity or had it been dissolved during the merger. Can somebody please explain the mechanics of these?
I agree . Only Laco shareholders are entitled to the Jamul note. My only question as a LACO holder is that after I received the GDEN stock and sell it, do I still own the Jamul note? I know there was mention of only Laco shareholders receiving the Jamul note, but there was no actual distribution of Jamul ownership for Laco shareholders when it was merged to form the new GDEN company.