Info & News On Dallas Escorts.

press release
Feb. 16, 2010, 4:50 p.m. EST
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Rick’s Cabaret International, Inc. and VCG Holding Corp. Enter Into Letter of Intent to Merge to Form the Largest Publicly Traded North American Gentlemen’s Club Operator
HOUSTON and DENVER, Feb 16, 2010 (GlobeNewswire via COMTEX) –
Rick’s Cabaret International, Inc.
/quotes/comstock/15*!rick/quotes/nls/rick
(RICK
12.89,
+0.99,
+8.32%)
, VCG Holding Corp.
and Troy Lowrie and his affiliates have signed a letter of intent under which Rick’s Cabaret will acquire all of the outstanding shares of VCG Holding to form the largest publicly traded operator of upscale gentlemen’s clubs in North America, the two companies announced today.
Rick’s Cabaret currently operates 18 nightclubs in seven states while VCG Holding operates 20 clubs in ten states. The two companies had combined revenues of $131.3 million for the 12 month period ending September 30, 2009.

See the full article from “MarketWatch (press release)”

By Tiernan Ray
Strip club owner Rick’s Cabaret (RICK) of Houston, Texas, this afternoon said it signed a letter of intent with Denver-based VCGH (VCGH), another strip club owner, to purchase VCGH using RICK stock for a value of $2.20 to $3.80 per share.
That’s well above the $2.22 VCGH closed at today.
Rick’s management said the combination would form the “largest publicly traded operator of upscale gentlemen’s clubs in North America.” The two companies had combined revenue of $131 million in the 12 months ended September, the companies said.
VCGH owns and operates 20 clubs in Colorado, California, Illinois and elsewhere, including the Penthouse Club, La Boheme, and Imperial Showgirls. RICK owns and operates 18 clubs including the “Rick’s Cabaret”-branded venues in New York, Las Vegas, Houston and elsewhere.

See the full article from “Barron’s (blog)”

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Rick’s Cabaret Acquires VCG Holding in All-Stock Deal (RICK,VCGH) – 2/16/2010 4:46:40 PM
By Chip Brian, SmarTrend Analytics Team
2/16/2010-In a deal that creates the largest publicly traded gentlemen’s club operator, Rick’s Cabaret (NASDAQ:RICK) announced it has entered into a definitive agreement to acquire VCG Holding Corp. (NASDAQ:VCGH) in an all-stock deal that values VCG shares between $2.20 and $3.30 per share.
Terms of the transaction, dictate the following, “VCG Holding’s shareholders will receive shares of Rick’s common stock based on certain exchange ratios valuing each share of VCG Holding’s common stock between $2.20 and $3.80 per share, determined based on the weighted average closing price of Rick’s common stock as traded on the Nasdaq Global Market for the 20 consecutive trading days ending on the second trading day prior to the closing of the Merger.”

See the full article from “Comtex Smartrend”

Wilson’s efforts were catalogued in George Crile’s 2003 book and adapted for film by Aaron Sorkin. Many probably have no idea what Charlie Wilson looked like — his name instead evokes the Tom Hanks portrayal. For those who haven’t seen “Charlie Wilson’s War” allow me to briefly summarize: He was a womanizing, cocaine-snorting Texan who single-handedly kept alive the American single malt whiskey industry. He spent a fair share his time hanging out with strippers and gamblers, was nicknamed “good time Charlie” and was once fined $90,000 for election-expenditure irregularities. In the movie, then-Afghan President Zia-ul-Haq tells Wilson that his reputation precedes him; Wilson tells an aide, “You know you’ve hit rock bottom when you’re told you have ‘character flaws’ by a man who hanged his predecessor in a military coup.” None of these indiscretions abated while he found funding for the mujahideen, and he never seemed to regret it.

See the full article from “Yale Daily News”