Entries tagged "Penn National Gaming"
It's safe to say that the state of the casino industry has changed substantially in the past year or two. ...
The $9.4 billion buyout of Penn National Gaming Inc. by Fortress Investment Group LLC and Centerbridge Partners LP is running up against its June 15 termination date, while the price of Bronco Drilling Co.'s $480 million merger with Allis-Chalmers Energy Inc. was raised June 2, to $18 in cash and stock, but might still fall short of Bronco shareholders' expectations. ...