Z Capital Parters buys out Affinity gaming

• Z Capital Partners announces it acquired Affinity Gaming in all-cash transaction that values Affinity at approximately $580M. The deal is expected to close in Q1 of 2017.
• Under the terms of the agreement, Z Capital and its affiliates, which currently own approximately 41% of Affinity's outstanding shares, will purchase Affinity's remaining outstanding shares for $17.35 per share in cash (increased from $15.00).
• Related ETF: NASDAQ:BJK
• Source: Press Release