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home / news releases / TRWH - Twin River Goes On Acquisition Spree And Investors Like It

TRWH - Twin River Goes On Acquisition Spree And Investors Like It

Twin River Worldwide Holdings Inc.

Quick Take

Twin River Worldwide Holdings (TRWH) has announced the proposed acquisition of Bally's Atlantic City Hotel & Casino for $25 million.

Bally's is a casino and entertainment facility located in the heart of the Atlantic City casino district.

With the deal, and that of two other acquisitions just announced, TRWH is executing on a diversification and opportunistic acquisition strategy.

The stock may be undervalued at its current level and my bias is Bullish.

Target Company

Atlantic City, NJ-based Bally's was founded to provide a range of accommodations, gambling, dining and entertainment

Read more ...
Stock Information
Company Name: Twin River Worldwide Holdings Inc.
Stock Symbol: TRWH
Market: NYSE
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