AngelがGPIC買収へ

AsiaNet 76502 （2222）

【ラスベガス2018年11月28日PR Newswire＝共同通信JBN】Gaming Partners International Corporation（NASDAQ: GPIC）（以下「GPIC」）は28日、Angel Holdings Godo Kaisha（以下「Angel」）と合併契約を結んだと発表した。これにより、AngelはGPICを約1億1000万ドル相当の現金取引で買収する。GPIC株主への対価は、GPIC普通株1株に対し現金で13.75ドル。合併契約はGPIC取締役会（以下「取締役会」）の社外取締役による特別取引委員会と取締役会全体会議がいずれも全会一致で承認した。さらに、GPICの発行済み株式の約51%を保有する株主らが取引に賛成する議決権契約に署名した。

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▽取引の詳細

合併契約の条件によると、GPICの株主は1株につき13.75ドルの現金支払いを受ける。取引完了で、AngelはGPICを100%保有する。

合併契約には「ゴーショップ」条項があり、それに基づき、契約に含まれる一定の制約と条件に従い、GPICとその取締役会は2019年2月2日まで、この合併案に対する代替案を提示する関係者に積極的に接触し、提案を受け、評価し、可能性として交渉を始めることができる。Angelが合併契約で同意したものよりGPIC株主にとって有利な提案を誰かがしないという保証はない。GPICは取締役会が有利な可能性がある提案に関して決定しない限り、また決定するまで、この提案についての進展を公表しない。

2019年に完了する予定の取引はGPIC株主とゲーミング規制当局に承認され、他の通常の取引完了条件を満たす必要がある。

▽顧問

B. Riley FBR, Inc.がGPICの財務顧問、Saul Ewing Arnstein & Lehr LLPとHolland & Hart, LLPがGPICの法律顧問を務めている。

▽ANGEL HOLDINGS GODO KAISHAについて

Angelはゲーミング業界と小売市場向けにトランプとカードゲームを製造、販売している。カジノのトランプとテーブルゲーム設備の世界的大手であるAngelには、ベストセラーのAngel Protect Pre-shuffled Cards、エレクトロニックシューズのAngel Eye（R）シリーズなど、多くの画期的イノベーションがある。Angelの本社は日本の京都にあり、日本とシンガポールに製造施設を持つ。米国、マカオ、オーストラリア、フィリピンにも事務所がある。

▽GPICについて

GPICは世界中の認可カジノ用のテーブルゲーム設備を製造、供給している。Paulson（R）、 Bourgogne et Grasset（R）、Gemaco（R）、Dolphin（R）、Bud Jones（R）のブランド名で、GPICはチップ、プラク、ジェトンなどのカジノ用代用通貨、トランプ、テーブルレイアウト、ゲーミング家具とテーブルアクセサリー、サイコロ、ルーレット盤を供給する。GPICはカジノ代用通貨に無線周波数識別装置（RFID）技術のようなセキュリティー機能を利用する先駆者で、RFIDリーダー、ソフトウエア、ディスプレーを含むRFIDソリューションを提供している。GPICはネバダ州ノースラスベガスに本社があり、フランスのボーヌ、メキシコのサンルイスリオコロラド、ミズーリ州ブルースプリングズ、ニュージャージー州アトランティックシティー、ミシシッピ州ガルフポート、中国のマカオ特別行政区に施設を持つ。詳細は次を参照：www.gpigaming.com

▽取引に関する重要な追加情報と入手先

この文書はGaming Partners International Corporation（「GPIC」）とAngel Holdings Godo Kaisha （「Angel」）に関係する合併取引提案（「合併」）についてのものである。この文書はいかなる証券の売買のオファーも、いかなる議決または承認も求めるものではない。

取引案に関連して、GPICは証券取引委員会（SEC）に委任勧誘状と他の文書を提出する。GPICの投資家と株主はいかなる投票態度決定の前にも、GPIC、Angelと合併に関する重要情報を含む正式の委任勧誘状を入手した際、注意深く読むよう要請する。

正式の委任勧誘状と委任状書式が、取引の承認を求めるためGPIC株主に送付される。この報道用発表は、委任勧誘状、またはGPICが取引案に関連してSECに提出するいかなる他の文書の代替でもない。GPICの投資家と株主はSECに提出される委任勧誘状と他のいかなる関係文書、さらにこれら文書のいかなる修正、補足も、取引案に関する重要情報が含まれているので、入手すれば注意深く全体を読むよう要請する。GPICがSECに提出する正式の委任勧誘状（入手可能になれば）と他の文書は、SECのウェブサイトwww.sec.gov で無料で入手できる。さらに、GPICの提出文書はGPICからもwww.gpigaming.com で無料で入手できる。

▽勧誘の参加

GPICとその各取締役、役員、他の経営幹部や従業員はSECの規則に従い、合併に関連した委任勧誘の「参加者」と見なされる。勧誘の「参加者」となり得る人物の利害関係に関する情報は、SECに提出される際に委任勧誘状に記載される。GPICの経営幹部と取締役に関する詳細な情報は2018年4月18日にSECに提出された正式の委任勧誘状に記載されている。

▽問い合わせ先

info@gpigaming.com

ソース：Gaming Partners International Corporation

Angel to Acquire GPIC

PR76502

LAS VEGAS, Nov. 28, 2018 /PRNewswire=KYODO JBN/ --

Gaming Partners International Corporation (NASDAQ: GPIC) ("GPIC") announced

today that it has entered into a merger agreement with Angel Holdings Godo

Kaisha ("Angel") pursuant to which Angel will acquire GPIC for cash in a

transaction valued at approximately $110 million.  The consideration to be paid

to GPIC's stockholders will be $13.75 in cash for each share of GPIC common

stock.  The merger agreement was unanimously adopted by a special transaction

committee of independent directors of the board of directors of GPIC (the

"Board") as well as the full Board.  In addition, GPIC stockholders holding

approximately 51% of the outstanding shares have signed a voting agreement to

vote "for" the transaction.

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TRANSACTION DETAILS

Under the terms of the merger agreement, stockholders of GPIC will receive

$13.75 in cash in exchange for their shares.  Upon closing of the transaction,

Angel will own 100% of GPIC.

The merger agreement provides for a "go-shop" provision under which, subject to

certain limitations and conditions contained in the merger agreement, GPIC and

its board of directors may actively solicit, receive, evaluate and potentially

enter into negotiations with parties that offer alternative proposals to the

proposed merger transaction until February 2, 2019.  There can be no assurance

that any person will make a proposal more favorable to the stockholders of GPIC

than what Angel has agreed to under the merger agreement.  GPIC does not intend

to disclose developments about this process unless and until its board of

directors has made a decision with respect to any potential superior proposal.

The transaction, which is expected to close in 2019, is subject to the approval

of GPIC stockholders and the receipt of certain approvals from gaming

authorities.  The transaction is also conditioned on other customary closing

conditions.

ADVISORS

B. Riley FBR, Inc. is serving as financial advisor to GPIC, and Saul Ewing

Arnstein & Lehr LLP and Holland & Hart, LLP are acting as legal counsel for

GPIC.

ANGEL HOLDINGS GODO KAISHA

Angel manufactures and supplies playing cards and card games for both the

gaming industry and the retail market.  A world leader in casino playing cards

and table game equipment, Angel's many groundbreaking innovations include the

best-selling Angel Protect Pre-shuffled Cards, and the Angel Eye(R) series of

electronic shoes.  Angel's principal business office is located in Kyoto,

Japan, with manufacturing facilities in Japan and Singapore.  Angel also has

offices in the United States, Macau, Australia and the Philippines.

GPIC

GPIC manufactures and supplies casino table game equipment to licensed casinos

worldwide. Under the brand names of Paulson(R), Bourgogne et Grasset(R),

Gemaco(R), Dolphin(R) and Bud Jones(R), GPIC provides casino currency,

including chips, plaques and jetons; playing cards; table layouts; gaming

furniture and table accessories; dice; and roulette wheels. GPIC pioneered the

use of security features like radio frequency identification device (RFID)

technology in casino currency, and offers RFID solutions including RFID

readers, software, and displays.  Headquartered in North Las Vegas, Nevada,

GPIC also has facilities in Beaune, France; San Luis Rio Colorado, Mexico; Blue

Springs, Missouri; Atlantic City, New Jersey; Gulfport, Mississippi; and Macau

S.A.R., China.  For additional information, please visit www.gpigaming.com.

IMPORTANT ADDITIONAL INFORMATION ABOUT THE TRANSACTION AND WHERE TO FIND IT

This communication is being made in respect of the proposed merger transaction

(the "Merger") involving Gaming Partners International Corporation ("GPIC") and

Angel Holdings Godo Kaisha ("Angel").  This communication does not constitute

an offer to sell or the solicitation of an offer to buy any securities or a

solicitation of any vote or approval.

In connection with the proposed transaction, GPIC will file a proxy statement

and other documents with the Securities and Exchange Commission (the "SEC").  

Before making any voting decision, investors and stockholders of GPIC are urged

to carefully read the definitive proxy statement when it becomes available

because it will contain important information regarding GPIC, Angel and the

Merger.

A definitive proxy statement and form of proxy will be sent to GPIC

stockholders seeking their approval of the transaction.  This press release is

not a substitute for the proxy statement or any other document which GPIC may

file with the SEC in connection with the proposed transaction.  INVESTORS AND

STOCKHOLDERS OF GPIC ARE URGED TO READ THE PROXY STATEMENT AND ANY OTHER

RELEVANT DOCUMENTS THAT WILL BE FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS

OR SUPPLEMENTS TO THESE DOCUMENTS, CAREFULLY AND IN THEIR ENTIRETY WHEN THEY

BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE

PROPOSED TRANSACTION.  The definitive proxy statement (when available) and

other documents filed by GPIC with the SEC may be obtained free of charge at

the SEC's website at www.sec.gov.  In addition, the documents filed by GPIC may

be obtained free of charge from GPIC at www.gpigaming.com.

PARTICIPATION IN THE SOLICITATION

GPIC and certain of their respective directors, executive officers and other

members of management and employees may, under the rules of the SEC, be deemed

to be "participants" in the solicitation of proxies in connection with the

Merger.  Information concerning the interests of the persons who may be

"participants" in the solicitation will be set forth in the proxy statement

when it is filed with the SEC.  You can find more detailed information about

GPIC's executive officers and directors in its definitive proxy statement filed

with the SEC on April 18, 2018.

FORWARD-LOOKING STATEMENTS

All statements in this communication other than statements of historical fact

contained in this report are forward-looking statements.  Forward-looking

statements usually relate to future events and anticipated revenues, earnings,

cash flows or other aspects of our operations or operating results.  

Forward-looking statements are often identified by the words "anticipate,"

"guidance," "assumptions," "projects," "estimates," "outlook," "expects,"

"continues," "intends," "plans," "believes," "forecasts," "future,"

"potential," "may," "foresee," "possible," "should," "would," "could" and

variations of such words or similar expressions, including the negative

thereof.  These forward-looking statements are based on our current

expectations, beliefs and assumptions concerning future developments and

business conditions and their potential effect on us.  While management

believes that these forward-looking statements are reasonable as and when made,

there can be no assurance that future developments affecting us will be those

that we anticipate.

Risks and uncertainties that could cause results to differ materially from

those expected by the management of GPIC include the expected timing and

likelihood of completion of the proposed transaction, including the timing,

receipt and terms and conditions of any required governmental and regulatory

approvals of the proposed transaction that could reduce anticipated benefits or

cause the parties to abandon the proposed transaction, the occurrence of any

event, change or other circumstances that could give rise to the termination of

the merger agreement, the possibility that our stockholders may not approve the

Merger Agreement, the risk that the parties may not be able to satisfy the

conditions to the proposed transaction in a timely manner or at all, risks

related to disruption of management time from ongoing business operations due

to the proposed transaction, the risk that any announcements relating to the

proposed transaction could have adverse effects on the market price of GPIC

common shares, the risk of any unexpected costs or expenses resulting from the

proposed transaction, the risk of any litigation relating to the proposed

transaction, the risk that the proposed transaction and its announcement could

have an adverse effect on the ability of GPIC to retain and hire key personnel

and maintain relationships with its suppliers and customers and on its

operating results and businesses generally, the risk that the proposed

transaction could distract management of GPIC, the risk that GPIC will incur

substantial costs in connection with the proposed transaction, as well as other

important factors that could cause actual results to differ materially from

those projected.  All of our forward-looking statements involve risks and

uncertainties (some of  which are significant or beyond our control) and

assumptions that could cause actual results to differ materially from our

historical experience and our present expectations or projections.  You should

carefully consider the foregoing factors and the other risks and uncertainties

that affect the parties' businesses, including those described in GPIC's Annual

Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form

8-K and other documents filed from time to time by GPIC with the SEC.  We wish

to caution you not to place undue reliance on any forward-looking statements,

which speak only as of the date hereof.  We undertake no obligation to publicly

update or revise any of our forward-looking statements after the date they are

made, whether as a result of new information, future events or otherwise,

except to the extent required by law.

CONTACT: info@gpigaming.com

SOURCE  Gaming Partners International Corporation