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StumbleDeadline extended on slot acquisition
Wednesday, June 16, 1999 | 11:07 a.m.
LOS ANGELES -- Los Angeles-based Las Vegas Entertainment Network Inc. has extended by eight days the deadline for shareholder ballots in a special election to approve the company's acquisition of a half interest in Brazilian gaming company Sulmatic Administradora De Bens Ltd.
The ballots were due June 14. They are now due June 22.
LVEN is a former owner of the shuttered El Rancho hotel-casino. Sulmatic operates 500 gaming machines in Brazil. LVEN plans to buy half the company for $5.5 million. The other half is owned by gaming machine manufacturer L.G. Cirsa.
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