Friday, 15 June 2007

Penn National to be acquired in $6.1 billion deal

(Reuters) - The buyout comes amid a flurry of casino deals and fueled speculation that more are in the works.




The world's largest casino operator, Harrah's Entertainment Inc. , is in the process of being acquired by private equity firms for $17 billion, while smaller local operator Station Casinos Inc. is in midst of a $5.4 billion management-led buyout.


Read more at Reuters.com Bonds News

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