(Reuters) - Casino operator Penn National Gaming Inc (PENN.O) said on Monday it would buy Pinnacle Entertainment Inc (PNK.O) in a cash-and-stock deal valued at about $2.8 billion, cementing its position as the leading U.S. regional …
Shareholders of Pinnacle, a gaming and hospitality company, will receive $20 in cash and 0.42 shares of Penn stock for each Pinnacle share, the news release states. That’s a total purchase price of $32.47 per Pinnacle share. “The …
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and the New York Stock Exchange delisted its shares earlier this year when they got stuck below $1. After its auditors expressed doubt about its ability to continue as a "going concern," putting Penn Virginia in breach of its debt …
If you're wondering why the stock of the parent company of P&C Foods went almost to zero Friday, you aren't alone. So is The Penn Traffic Co. The bottom line: Federal regulators are being asked to look into it. Here's what happened: The …
BB&T Corp. will need just two bank purchases to go from zero presence in Pennsylvania to a No. 4 market share after saying Monday it will spend $1.8 billion in cash and stock to buy National Penn Bancshares Inc. National Penn, …
PENN NATIONAL GAMING - PINNACLE SHAREHOLDERS TO RECEIVE $20.00 PER SHARE IN CASH AND 0.42 SHARES OF PENN NATIONAL COMMON STOCK FOR EACH PINNACLE SHARE * PENN NATIONAL GAMING INC - …
fair value of and number of stock-based compensation awards to be issued in future periods; the impact of changes in market values on securities held in Mid Penn’s portfolio; legislation affecting the financial services industry as a whole, …
A host of Penn State alums and football letterman have direct ties to financial firms working in the stock exchange. Andrew and Mike Guman and Pete Massaro are among the long list of former Nittany Lions with experience on Wall …
If so, under what name? Does this stock have any value? A: Time to catch up on almost 20 years of history. …