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Churchill Downs buys back 1M shares from Duchossois family

Published 06/12/2017, 08:46 AM
© Reuters.  Churchill Downs buys back 1M shares from Duchossois family
CHDN
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  • Churchill Downs (NASDAQ:CHDN) announces that it repurchased 1M of its shares from an affiliate of The Duchossois Group in a privately negotiated transaction.
  • The shares were sold at $158.78 for an aggregate purchase price of $158.8M.
  • "The Duchossois family continues to be very committed to Churchill Downs and will still own over one million shares following the completion of this transaction," says Churchill CEO Craig Duchossois.
  • Source: Press Release
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