Full House Resorts and Morongo Band of Mission Indians Will Not Proceed With Merger
LAS VEGAS, Oct. 14 Full House Resorts, Inc. (BULLETIN BOARD: FHRI) announced today that it has been advised by the Morongo Band of Mission Indians that its general membership failed to approve the proposed merger between Full House Resorts and a subsidiary of the Morongo Band and therefore the proposed merger will not proceed.
As previously indicated, completion of the merger was subject to obtaining this approval. The Tribe placed the question of approval of the transaction on a ballot conducted among all of the voting members of the Morongo Band, in accordance with the Morongo Band's custom and tradition of governance.
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