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Penn National Gaming (PENN) plans to split in two, separating its real estate assets from its...

Penn National Gaming (PENN) plans to split in two, separating its real estate assets from its operating assets via a publicly traded REIT and distribution of a $15.40/share dividend. PENN also says it submitted a proposal to Pennsylvania regulators for a $480M casino in Philadelphia. After a trading halt, shares +16.9% AH.
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  • Hillbilly Stock Star
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    15 Nov 2012, 06:25 PM Reply Like
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