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The company intends to be “a best-in-class regional owner and operator” in North America, Maverick majority owner Persson said.
Maverick will be announcing more strategic acquisitions over the next three months that will transform the company “into a true regional operator,” Persson said.
In Elko, Maverick has grown EBITDA 80 percent year-over-year and has similar expectations going forward, Persson said. He described Red Lion as the market leader.
The latest acquisitions are expected to close in May and will be funded by cash on hand and financing from HG Vora Capital Management. Washington regulators are expected to act on the Nevada Gold purchase in the first half of the year.
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