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Penn National says takeover deal terminated (Reuters)

Started by riky, July 03, 2008, 05:42:25 PM

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riky

Penn National says takeover deal terminated
    (Reuters)

 


Reuters - Casino and racetrack operator Penn
National Gaming Inc  said on Thursday its $6.1 billion
takeover pact has been terminated, marking the latest leveraged
buyout to crumble amid the tight credit markets and weak U.S.
economy.


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