{"id":531958,"date":"2021-08-27T08:05:01","date_gmt":"2021-08-27T12:05:01","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/kaskela-law-llc-announces-stockholder-investigation-of-golden-nugget-online-gaming-inc-gnog\/"},"modified":"2021-08-27T08:05:01","modified_gmt":"2021-08-27T12:05:01","slug":"kaskela-law-llc-announces-stockholder-investigation-of-golden-nugget-online-gaming-inc-gnog","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/kaskela-law-llc-announces-stockholder-investigation-of-golden-nugget-online-gaming-inc-gnog\/","title":{"rendered":"Kaskela Law LLC Announces Stockholder Investigation of Golden Nugget Online Gaming, Inc. \u2013 GNOG"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">PHILADELPHIA, Aug.  27, 2021  (GLOBE NEWSWIRE) &#8212; Kaskela Law LLC is investigating Golden Nugget Online Gaming, Inc. (\u201cGolden Nugget\u201d) (Nasdaq: GNOG) on behalf of the company\u2019s stockholders.<\/p>\n<p>On August 9, 2021, Golden Nugget announced that it would be acquired by DraftKings in an all-stock transaction. Under the terms of the proposed agreement, Golden Nugget stockholders are expected to receive a fixed ratio of 0.365 shares of DraftKings\u2019 common stock for each share of GNOG common stock they hold.<\/p>\n<p>The investigation seeks to determine whether Golden Nugget\u2019s board of directors breached their fiduciary duties in connection with the proposed transaction, and whether Golden Nugget\u2019s stockholders will be receiving sufficient consideration for their GNOG shares.<\/p>\n<p>\n        <strong><br \/>\n          <em>Golden Nugget stockholders<\/em><br \/>\n        <\/strong><br \/>\n        <strong><br \/>\n          <em> are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.) at (484) 258 \u2013 1585, or by email at <\/em><br \/>\n        <\/strong><br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=a090nDqaFbeuC4Xxg-K8do2AnQDqZSJ7TF78zJEIWJH9lp8WwaG_uRqiDE879WyvUjhS_ZvASslDxsfaCY1Q8YXUbg4j0gglQp-n4wBwiXM=\" rel=\"nofollow noopener\" target=\"_blank\"><br \/>\n          <strong><br \/>\n            <em>skaskela@kaskelalaw.com<\/em><br \/>\n          <\/strong><br \/>\n        <\/a><br \/>\n        <strong><br \/>\n          <em>, to discuss this investigation and their legal rights and options. Stockholders may also visit <\/em><br \/>\n        <\/strong><br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=3gSUGXKDu0trNIKPdplBWDdt76LuBQUIHzjpACNx8RrxrSeoXdF5kjFbS9fKvVCIy7B0LU4apjkXYEzLmPNaJBtJ10VqoH70iEGCO-irUXqm2B1eSfiYJp8SpYLAuX4JTs3r-EHbGsYI5fePAbN-SrwRhH66xK4GWQoejSLRzXWkN_76IiUlIV3In0Z44-R9\" rel=\"nofollow noopener\" target=\"_blank\"><br \/>\n          <strong><br \/>\n            <em>https:\/\/kaskelalaw.com\/cases\/golden-nugget-online-gaming-inc\/<\/em><br \/>\n          <\/strong><br \/>\n        <\/a><br \/>\n        <strong><br \/>\n          <em> for additional information.<\/em><br \/>\n        <\/strong>\n      <\/p>\n<p>Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger &amp; acquisition litigation. For additional information about Kaskela Law LLC please visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=M4w98eZkcmUCetlZ_gGH1q4lEjdPi7KaH5z85slxymzHC7yUKGFEr0nZQnmP-McyDB-qkVrzHcllNnofiWNS0-jMXHOvqX-mF7k88WhNTUY=\" rel=\"nofollow noopener\" target=\"_blank\">www.kaskelalaw.com<\/a>.<\/p>\n<p>\n        <strong>CONTACT:<\/strong>\n      <\/p>\n<p>D. Seamus Kaskela, Esq.<br \/><strong>KASKELA LAW LLC<\/strong><br \/>18 Campus Boulevard, Suite 100<br \/>Newtown Square, PA 19073<br \/>(484) 258 \u2013 1585<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=M4w98eZkcmUCetlZ_gGH1nQixuAY2PvfUc1NQA51ZYUfFU5kmuLGgqY0hAjYfUVW99ApnAacb0gmwd1JHEw-8xfoghKfqCKarXYRrPgtlEM=\" rel=\"nofollow noopener\" target=\"_blank\">www.kaskelalaw.com<\/a><\/p>\n<p>This notice may constitute attorney advertising in certain jurisdictions.<\/p>\n<\/p>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODMxNjA1MSM0Mzc3NTY2IzIwOTk5MzU=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/MzczM2YxYzQtZDZkNC00NTc2LTg1ZGQtOGU5MmVkODMxZTA4LTExMTE1MDY=\/tiny\/Kaskela-Law.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>PHILADELPHIA, Aug. 27, 2021 (GLOBE NEWSWIRE) &#8212; Kaskela Law LLC is investigating Golden Nugget Online Gaming, Inc. (\u201cGolden Nugget\u201d) (Nasdaq: GNOG) on behalf of the company\u2019s stockholders. On August 9, 2021, Golden Nugget announced that it would be acquired by DraftKings in an all-stock transaction. Under the terms of the proposed agreement, Golden Nugget stockholders are expected to receive a fixed ratio of 0.365 shares of DraftKings\u2019 common stock for each share of GNOG common stock they hold. The investigation seeks to determine whether Golden Nugget\u2019s board of directors breached their fiduciary duties in connection with the proposed transaction, and whether Golden Nugget\u2019s stockholders will be receiving sufficient consideration for their GNOG shares. Golden Nugget stockholders are encouraged to contact &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/kaskela-law-llc-announces-stockholder-investigation-of-golden-nugget-online-gaming-inc-gnog\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Kaskela Law LLC Announces Stockholder Investigation of Golden Nugget Online Gaming, Inc. \u2013 GNOG&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-531958","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Kaskela Law LLC Announces Stockholder Investigation of Golden Nugget Online Gaming, Inc. \u2013 GNOG - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/kaskela-law-llc-announces-stockholder-investigation-of-golden-nugget-online-gaming-inc-gnog\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kaskela Law LLC Announces Stockholder Investigation of Golden Nugget Online Gaming, Inc. \u2013 GNOG - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PHILADELPHIA, Aug. 27, 2021 (GLOBE NEWSWIRE) &#8212; Kaskela Law LLC is investigating Golden Nugget Online Gaming, Inc. (\u201cGolden Nugget\u201d) (Nasdaq: GNOG) on behalf of the company\u2019s stockholders. On August 9, 2021, Golden Nugget announced that it would be acquired by DraftKings in an all-stock transaction. Under the terms of the proposed agreement, Golden Nugget stockholders are expected to receive a fixed ratio of 0.365 shares of DraftKings\u2019 common stock for each share of GNOG common stock they hold. The investigation seeks to determine whether Golden Nugget\u2019s board of directors breached their fiduciary duties in connection with the proposed transaction, and whether Golden Nugget\u2019s stockholders will be receiving sufficient consideration for their GNOG shares. 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