FST - FAST Acquisition and Fertitta Entertainment mutually terminate transaction

December, 10 2021 11:22 AM FAST Acquisition Corp. Class A

FAST Acquisition (FST +0.9%) and Fertitta Entertainment has announced that they have agreed to mutually terminate their merger agreement, originally entered into on Feb. 1, 2021 and amended on June 30, 2021. The parties have simultaneously terminated their Merger Agreement after a settlement was reached regarding the parties' disagreement over the termination date in the Merger Agreement. The settlement provides FAST and its shareholders up to $33M through a combination of upfront and deferred payments, part of which is contingent on whether FAST ultimately effectuates a business combination transaction.

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FAST Acquisition and Fertitta Entertainment mutually terminate transaction

Company Name:	FAST Acquisition Corp. Class A
Stock Symbol:	FST
Market:	NYSE

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