'Our proposal represents a unique and compelling opportunity to maximize value for stockholders and stakeholders in both companies,' said James Zenni, Chairman of Affinity's Board of Directors and Chief Executive Officer of Z Capital Partners. The proposed transaction would be a cash or stock transaction with a value of $132.5 million, or about $1.79 per share. Z Capital Partners is described in its own news release as “a leading alternative asset manager of private equity and credit funds.” Affinity is among the companies in Z Capital's portfolio. Z Capital Partners, of New York, and affiliate Affinity Gaming on Monday announced a proposal to acquire Full House Resorts, Inc. (Las Vegas, Nev.) – The company which owns Rising Star Casino in Rising Sun has received a takeover bid from another Las Vegas-based company. The deal has ties to a former general manager at Hollywood Casino Lawrenceburg.
