U.S. FTC approves Penn National's purchase of Pinnacle with divestitures [Reuters]
PINNACLE ENTERTAINMENT (PNK)
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Source: Reuters
U.S. FTC approves Penn National's purchase of Pinnacle with divestitures | Reuters 1 Min Read WASHINGTON, Oct 1 (Reuters) - The U.S. Federal Trade Commission on Monday approved casino operator Penn National Gaming Inc’s $2.8 billion purchase of Pinnacle Entertainment Inc, requiring they divest assets in three Midwestern cities. The FTC said the companies, which announced the planned purchase in December, should sell casino-related assets in Cincinnati, St. Louis and Kansas City, Missouri. (Reporting by Mohammad Zargham; Editing by Eric Beech) All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. © 2018 Reuters. All Rights Reserved. U.S. FTC approves Penn National's purchase of Pinnacle with divestitures WASHINGTON, Oct 1 (Reuters) - The U.S. Federal Trade Commission on Monday approved casino operator Penn National Gaming Inc’s $2.8 billion purchase of Pinnacle Entertainment Inc, requiring they divest assets in three Midwestern citie
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