- Pinnacle Entertainment (PNK) agrees to sell the Lumiere Place Casino, HoteLumiere, the Four Seasons Hotel St. Louis, and related excess land parcels to Tropicana Entertainment for ~$260M.
- PNK says it will account for Lumiere Place Casino and Hotels as discontinued operations beginning in Q3.
- The sale is part of PNK's fulfillment of the FTC's divestiture conditions related to the acquisition of Ameristar Casinos.
From other sites
at CNBC.com (Dec 27, 2012)
at CNBC.com (Dec 21, 2012)
at CNBC.com (Oct 8, 2012)
at CNBC.com (Jun 16, 2011)
at CNBC.com (Jun 22, 2010)
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