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Q4 2009 Isle of Capri Casinos Earnings Conference Call
The planned buyout of St. Louis-based Isle of Capri Casinos Inc. by Eldorado Resorts Inc. of Reno, Nevada, was completed Monday, and Eldorado added two former Isle directors to its board. With the acquisition, Eldorado expanded its board from seven to nine members and named former Isle directors Gregory Kozicz and Bonnie Biumi to fill the two vacancies. Kozicz is president and CEO of St. Louis-based construction firm Alberici Corp., and Biumi is a former president and CFO of Florida-based developer Kerzner International Resorts.
Isle of Capri Inc. expects to close Monday on its pending $1.7 billion sale to Nevada-based Eldorado Resorts Inc., subject to customary closing conditions. As of Wednesday, the companies had received all consents and approvals from state gaming commissions needed to complete the merger, company officials said in a regulatory filing Thursday . St. Louis-based Isle of Capri’s sale to Eldorado was announced in September .