Nov 9 (Reuters) - Village Roadshow Ltd VRL.AX :
* UPDATE ON BGH TRANSACTION-VRL.AX
* PARTIES AGREED ON CASH CONSIDERATION OF $2.32/VRL SHARE UNDER STRUCTURE A SCHEME & $2.22/VRL SHARE UNDER STRUCTURE B SCHEME
* GIVEN QUEENSLAND BORDER RESTRICTIONS AND DEFERRAL OF MAJOR FILM RELEASES, PARTIES AGREED THAT THOSE UPLIFTS WILL NOT BE PAYABLE
* INDEPENDENT EXPERT CONCLUDED THAT BGH TRANSACTION IS IN BEST INTERESTS OF VRL SHAREHOLDERS