Horse Racing

Churchill Downs agrees to buy Ellis Park in Henderson, Kentucky for $79 million in cash

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Churchill Downs agrees to buy Ellis Park in Henderson, Kentucky for $79 million in cash

Churchill Downs Inc. agrees to buy Ellis Park in Henderson, Kentucky, for $79 million in cash. CDI plans to build a track extension and entertainment venue at Towne Square Mall. Ellis park celebrated 100 years of racing this year. CDi is selling Arlington Park outside of Chicago to the Chicago Bears next year, and its stock price closed at $199.65 on Thursday. It is also selling Fair Grounds in New Orleans and Turfway Park near Florence, Ky.

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Churchill Downs Incorporated (CDI) has announced the company has completed its purchase of Ellis Park Racing & Gaming in Henderson for $79 million. In acquiring Ellis Park, officials indicate that Churchill Downs Incorporated also assumes the opportunity to construct a track extension facility with historical racing machines in Owensboro. CDI Chief…
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Churchill Downs to acquire Ellis Park

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HENDERSON, Ky. - In a multi-million dollar agreement, Churchill Downs Incorporated said it has plans to obtain even more racing and gaming in Kentucky. This time, in Henderson. It's a move many people say is exciting. With $79 Million in cash in hand, Churchill Downs Incorporated said it inked a definitive deal to acquire Ellis Park Racing and…
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Churchill Downs is buying Ellis Park in Kentucky in an all-cash deal worth $79m. [Image: Shutterstock.com] Churchill Downs Inc. (CDI) has entered an agreement to purchase Ellis Park in Henderson, Kentucky as part of a $79m all-cash deal. The prominent gambling and racing-focused company announced the news on Thursday. As a result of the deal, CDI…
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Churchill Downs is coming to Owensboro. The mecca of horse racing announced on Thursday its $79 million cash acquisition of the Henderson-based Ellis Park Racing & Gaming, which had been developing Owensboro Racing & Gaming - a track extension and entertainment venue planned for Towne Square Mall. Churchill Downs will now take over that…
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LOUISVILLE, Ky. (AP) - Churchill Downs Inc. has agreed to buy Ellis Park in Henderson, Kentucky, for $79 million in cash. The deal announced Thursday with Enchantment Holdings LLC includes Churchill Downs assuming Ellis Park's opportunity to build a track extension facility in Owensboro. The deal is subject to certain working capital and other…
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Churchill Downs Inc. agrees to buy Ellis Park for $79 million

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Churchill Downs Inc. announced Thursday that it has signed a definitive agreement to acquire Ellis Park Racing & Gaming in Henderson, Ky., from Enchantment Holdings, LLC, an affiliate of Laguna Development Corp., for total consideration of $79 million in cash, subject to certain working capital and other purchase price adjustments. CDI will also…
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