The Sale Transaction purchase price was funded with cash on hand and through the Company’s existing credit facility. The closing follows the approval of the Sale Transaction by the Illinois Gaming Board on March 1, 2019. LOUISVILLE, Ky., Ma(GLOBE NEWSWIRE) - Churchill Downs Incorporated (“CDI” or the “Company”) (Nasdaq: CHDN) today announced that it has completed its previously announced purchase of certain ownership interests of Midwest Gaming Holdings, LLC (“Midwest Gaming”), the parent company of Rivers Casino Des Plaines in Des Plaines, Illinois (“Rivers Des Plaines”), for cash consideration of approximately $407 million (the “Sale Transaction”).
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