(RTTNews) – Fertitta Entertainment Inc. , the parent company of Golden Nugget/Landry’s, and FAST Acquisition Corp. (FST), a special target acquisition company co-led through Doug Jacob and Sandy Beall, said it had modified its merger agreement between them on February 1, 2021.
In accordance with the amendment, Fertitta agreed to insure operating activities not included in the business mix with FAST without further debt.
Fertitta expects to use the proceeds of the transaction to drive its expansion initiatives, the corporation’s overall objectives and existing debt. As a component of the merger, the components will adopt secure reorganization operations to exclude safe corporations and safe assets from the corporate public. which Tilman J. Fertitta will continue to keep completely private.