Brief: Iao Kun Group provides updates on its announced acquisition of Jeju Sun Hotel & Casino

Liniu Technology

27/06/2016 13:01

June 27 (Reuters) - Iao Kun Group Holding Co Ltd  IKGH.O  
    * Iao Kun Group Holding Company Limited provides additional 
details on its announced acquisition of the Jeju Sun Hotel & 
Casino in Jeju, Korea 
    * Says expects to finalize its funding arrangements for 
acquisition within next few weeks 
    * Says expects hotel and gaming operations to generate 
positive cash flow post-acquisition 
    * Says funding structure to be finalized should cause 
acquisition to be accretive to earnings per share 
 
Source text for Eikon:  ID:nBw3hZ2xWa  
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