{"id":4305,"date":"2023-02-08T09:01:10","date_gmt":"2023-02-08T09:01:10","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2023\/02\/08\/tiger-resort-leisure-and-entertainment-inc-taken-to-court-to-expedite-merger\/"},"modified":"2023-02-08T09:01:10","modified_gmt":"2023-02-08T09:01:10","slug":"tiger-resort-leisure-and-entertainment-inc-taken-to-court-to-expedite-merger","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2023\/02\/08\/tiger-resort-leisure-and-entertainment-inc-taken-to-court-to-expedite-merger\/","title":{"rendered":"Tiger Resort, Leisure and Entertainment Inc Taken to Court to Expedite Merger"},"content":{"rendered":"
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26 Capital Acquisition Corp, a US-listed company, is suing Tiger Resort, Leisure and Entertainment Inc (TRLEI), the promoter of the Okada Manila casino resort (shown in a file photo) in the Philippine capital, pushing the two parties to complete a previously agreed merger as soon as possible.\n<\/p>\n

Universal Entertainment Corp said in a statement on Tuesday that 26 Capital had filed a lawsuit against its subsidiaries UE Resorts International Inc and TRLEI, as well as two other businesses, on February 2 in the U.S. state of Delaware.<\/p>\n

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In October 2021, Universal Entertainment announced a merger deal with 26 Capital, which would result in Okada Manila being a publicly traded corporation on the Nasdaq. The 26 Capital entity is a special purpose acquisition company (SPAC) that is publicly traded on the Nasdaq in the United States.\n<\/p>\n

When Universal Entertainment announced in September 2022 that the merger agreement\u2019s deadline had been pushed back to September 20, 2023, it stated that it aimed to carry out the merger as soon as possible, even before the date, once the environment was in place.\n<\/p>\n

The post Tiger Resort, Leisure and Entertainment Inc Taken to Court to Expedite Merger<\/a> appeared first on iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

26 Capital Acquisition Corp, a US-listed company, is suing Tiger Resort, Leisure and Entertainment Inc (TRLEI), the promoter of the Okada Manila casino resort (shown in a file photo) in the Philippine capital, pushing the two parties to complete a previously agreed merger as soon as possible. Universal Entertainment Corp said in a statement on […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-4305","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/4305","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=4305"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/4305\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=4305"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=4305"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=4305"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}