May 24 (Reuters) - Churchill Downs Inc CHDN.O :
* CHURCHILL DOWNS INCORPORATED AND ARISTOCRAT LEISURE LIMITED ANNOUNCE AGREEMENT IN PRINCIPLE TO SETTLE LAWSUITS RELATED TO BIG FISH GAMES, INC
* CHURCHILL- UNDER TERMS OF SETTLEMENT, EFFECTIVE AFTER FINAL COURT APPROVAL OF PROPOSED CLASS SETTLEMENT, $155 MILLION WILL BE PAID INTO A SETTLEMENT FUND
* CHURCHILL - ALL MEMBERS OF NATIONWIDE SETTLEMENT CLASS WHO DO NOT EXCLUDE THEMSELVES WILL RELEASE ALL CLAIMS RELATING TO SUBJECT MATTER OF LAWSUITS
* PARTIES HAVE AGREED TO PROVIDE NOTICE TO DISTRICT COURT THAT PARTIES HAVE REACHED A SETTLEMENT IN PRINCIPLE
* CHURCHILL- ARISTOCRAT HAS AGREED TO SPECIFICALLY RELEASE CDI UNDER STOCK PURCHASE AGREEMENT DATED NOV 29, 2017, BETWEEN CDI, ARISTOCRAT, BIG FISH GAMES