Greektown Superholdings, Inc. Forms Special Committee to Review
Acquisition Proposal
DETROIT, Jan. 19, 2013 /PRNewswire/ -- Greektown
Superholdings, Inc. announced that on January 17, 2013 its Board of Directors formed a
Special Committee of the Board to review the previously disclosed
correspondence received from Athens Acquisition LLC ("Athens"). The Special Committee's
mandate is to assess Athens'
position and make a recommendation to the Board of Directors on
this and other strategic alternatives. The Special Committee
is in the process of retaining special counsel and financial
advisors to assist it in this process.
About Greektown Superholdings, Inc.
Greektown Superholdings, Inc. operates, through its
subsidiaries, the Greektown Casino-Hotel. Located in the heart of
Detroit's Greektown Dining and
Entertainment District, Greektown Casino-Hotel opened on
November 10, 2000. Greektown
Casino-Hotel offers such amenities as Asteria, The Fringe, Shotz
Sports Bar & Grill, Bistro 555, Brizola and a VIP lounge for
players. Greektown Casino-Hotel opened its 400-room hotel tower in
February 2009 and became the first
Michigan casino to debut a
smartphone application. For more information, visit
greektowncasinohotel.com.
SOURCE Greektown Superholdings, Inc.