ISLE OF CAPRI CASINOS INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Isle of Capri Casinos, Inc.

Dienstag, 20.09.2016 18:05 von

PR Newswire

NEW ORLEANS, Sept. 20, 2016 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of Isle of Capri Casinos, Inc. ("ISLE" or the "Company") (NASDAQ: ISLE) to Eldorado Resorts, Inc. (NASDAQ: ERI). Under the terms of the proposed transaction, shareholders of ISLE will receive only $23.00 in cash or 1.638 shares of Eldorado, subject to proration, for each share of ISLE that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

Kahn Swick & Foti, LLC ("KSF") - - not all law firms are created equal. Visit www.ksfcounsel.com to learn more about KSF.

If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn (lewis.kahn@ksfcounsel.com) toll free at any time at 855-768-1857.

To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.

Kahn Swick & Foti, LLC
206 Covington St.
Madisonville, LA 70447

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SOURCE Kahn Swick & Foti, LLC