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  "documentTitle": "15 IBD presentation 2016 Affinity Gaming Deutsche Bank 1",
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      "text": "November 24, 2015: Z Capital amends its proposal to $14.50 per share in cash and a fourteen day exclusivity period",
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      "text": "July – October 2015: Deutsche Bank approaches over twenty potential strategic and financial buyers seeking indications of interest to acquire Arrow",
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      "text": "October 8, 2015: KSL Capital Partners submits an indicative bid of $14.00 per share in cash",
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      "text": "November 25, 2015: Z Capital increases bid to $15.00 per share in cash. Arrow and Z Capital enter into an exclusivity period through December 14",
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      "text": "February 1, 2016: Due to its inability to obtain financing, Z Capital announces that its November 25 proposal and exclusivity agreement have expired. Arrow dissolves the Special Committee",
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      "text": "May 14, 2015: The Special Committee retains Deutsche Bank as financial advisor to review Z Capital's offer and other strategic alternatives",
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      "text": "November 15, 2015: Z Capital submits a proposal to the Special Committee to acquire Arrow at $13.00 per share in cash with a thirty day exclusivity period",
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      "text": "November 13, 2015: Gaming & Leisure Properties, Inc. submits an indicative bid of $14.00 per share in cash",
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      "text": "April 3, 2015: Arrow receives a non-binding proposal from Z Capital Partners to acquire all outstanding shares of the Company at $9.75 per share in cash",
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