CDI trades on the NASDAQ Global Select Market under the symbol CHDN and can be found at, Inc. CDI’s Entertainment Group produces the HullabaLOU Music Festival at Churchill Downs which premieres on July 23-25, 2010. CDI also owns off-track betting facilities, and other advance-deposit wagering channels, television production, telecommunications and racing service companies such as BRIS and a 50-percent interest in the national cable and satellite network, HorseRacing TV, which supports CDI’s network of simulcasting and racing operations. CDI tracks are host to North America’s most prestigious races, including the Arlington Million, the Kentucky Derby, the Kentucky Oaks, the Louisiana Derby and the Princess Rooney, along with hosting the Breeders’ Cup World Championships for a record seventh time on Nov. CDI operates slot and gaming operations in Louisiana and Florida. Although no assurances can be given as to the timing for the closing of the merger, both companies expect the merger to close in the first half of 2010.ĬDI, headquartered in Louisville, Ky., owns and operates four world renowned Thoroughbred racing facilities: Arlington Park in Illinois, Calder Casino and Race Course in Florida, Churchill Downs Race Track in Kentucky and Fair Grounds Race Course & Slots in Louisiana. The transaction is subject to certain regulatory, shareholder and third-party approvals.

10, 2009 closing price of CDI common stock. 11, 2009, CDI and Youbet announced their proposed merger by which CDI would acquire all of the outstanding shares of Youbet, in a transaction valued at approximately $126.8 million based on the Nov. CDI and Youbet are in the process of gathering information to respond to the second requests and are working cooperatively with the DOJ as it reviews the merger. These actions, commonly referred to as “second requests,” have the effect of extending the waiting period under the Hart-Scott-Rodino Antitrust Improvement Act of 1976, as amended (“HSR Act”), until 30 days after both parties have substantially complied with the requests, subject to any modifications of the requests to which the DOJ may agree.

Department of Justice (“DOJ”) for additional information and documentary material in connection with the parties’ proposed merger transaction.

(NASDAQ: UBET) (“Youbet”) announced today that they have received requests from the U.S. Receive Second Requests Under Hart-Scott-Rodino Premerger Notification StatuteĬhurchill Downs Incorporated (“CDI”) (NASDAQ: CHDN) and, Inc. Receive Second Requests Under Hart-Scott-Rodino Premerger Notification Statute 22.2 KBĬhurchill Downs Incorporated and, Inc.

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