Reef Casino Trust tweaks Aquis takeover provisions

    Aquis Casino Acquisitions has agreed to amend its takeover offer for Reef Casino Trust relating to exclusivity provisions. The document will be amended to clarify the scope of the information Reef will need to provide to Aquis in the event of a competing bid. It also relates to the procedures Reef’s board will need to follow should it decide to rely on the exception to the “no talk, no due diligence” restrictions. All other terms of the offer remain unchanged.