Added to YB: 2025-11-13
Pitch date: 2025-11-10
GDEN [neutral]
Golden Entertainment, Inc.
-1.01%
current return
Author Info
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Company Info
Golden Entertainment, Inc. operates a diversified entertainment platform of gaming and hospitality assets.
Market Cap
$753.7M
Pitch Price
$28.84
Price Target
N/A
Dividend
N/A
EV/EBITDA
7.51
P/E
-124.13
EV/Sales
1.92
Sector
Hotels, Restaurants and Leisure
Category
special_situation
Show full summary:
An open letter to the Golden Entertainment board $GDEN
GDEN (open letter): Rangeley Capital (1% owner) calls mgmt buyout at $2.75/share 'egregious insider enrichment.' Opco valued at ~1x EBITDA ($75M) vs estimated fair value 5.5x ($330M). $146M LTM EBITDA, $87M rent = $60M net EBITDA. Mgmt removed IR presentations post-deal announcement.
Read full article (4 min)