Rhode Island Group To Purchase Dover Downs Casinos

DOVER, Del. (AP) — The Dover Downs casino in Delaware is being acquired by a Rhode Island-based gambling company.
In a Securities and Exchange filing Monday, Dover Downs Gaming & Entertainment said it had entered into a definitive merger agreement Sunday with Twin River Worldwide Holdings.
As part of the agreement, privately held Twin River will become a publicly traded company.
The agreement calls for Dover Downs stock to be exchanged for Twin River common shares representing 7.2 perc