TITLE

Penn National in hunt for acquisitions; Bellagio phone call denied

AUTHOR(S)
STUTZ, HOWARD
PUB. DATE
November 2008
SOURCE
Las Vegas Business Press (10712186);11/3/2008, Vol. 25 Issue 44, p18
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the casino acquisition plans of Penn National Gaming in Las Vegas, Nevada. The casino and race track operator has available cash after it terminated its private equity buyout deal in July 2008 and securing a total of $1.48 billion in a breakup fee. Peter Carlino, its chairman and chief executive officer (CEO), noted that the company is targeting expansion opportunities.
ACCESSION #
35217228

 

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