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Golden Nugget owner seeks to drop merger deal to go public; SPAC threatens legal action

golden-nugget-owner-seeks-to-drop-merger-deal-to-go-public;-spac-threatens-legal-action

Billionaire businessman Tilman Fertitta is attempting to pull out of an $8.6 billion blank-check deal to take Fertitta Entertainment, his restaurant and casino company, public. The move, highly criticized by special purpose acquisition company (SPAC) Fast Acquisition Corp., could lead to legal action. Fertitta Entertainment owns the Golden Nugget casinos brand, as well as Landry’s seafood chain and…

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