Gamehost Receives Final Court Order Authorizing Sale to Pure Casino Entertainment
Gamehost has received a final court order approving the sale of its shares to Pure Casino Entertainment for $13.65 per share.Summary
Gamehost Inc. (TSX: GH) announced that the Court of King's Bench of Alberta has granted the final order authorizing the previously announced transaction with Pure Casino Entertainment Limited Partnership. Under this agreement, a subsidiary of Pure will acquire all outstanding common shares of Gamehost for $13.65 in cash per share. The transaction was approved by Gamehost shareholders at a special meeting held on June 11, 2026. It will be implemented via a plan of arrangement under the Business Corporations Act (Alberta) and is expected to close in June 2026, subject to customary closing conditions, including regulatory approval under applicable gaming laws. Gamehost operates several casino and hotel facilities across Alberta, including Great Northern Casino, Rivers Casino, and Deerfoot Inn & Casino. The transaction is part of a broader vision by Indigenous Gaming Partners Inc. to build meaningful Indigenous ownership in Canada's entertainment industry.
(Source：Newsfilecorp)