Thu, Nov 27, 2014, 7:43 PM EST - U.S. Markets closed for Thanksgiving Day


% | $
Quotes you view appear here for quick access.

Penn National Gaming Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • jcbrowns jcbrowns Mar 25, 2008 4:18 PM Flag

    3.5M traded and counting

    This thing is going to be bumpy and may well be renegotiated to around $50. Longs term, we are probably better off holding the stock. Clear Channel privatization deal near collapse.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • This deal will not be renogiated for a couple of reasons.

      PENN has terms that allows it to sue FIG for specific performance and tie up their assets. Hurt its reputation also.

      Second, a revised deal could allow the bank to back out.

      The only deal breaker is PENN screwing up the business in a material manner before close which would allow an excape.

      Banks are getting sued from walking as of late.

13.82-0.21(-1.50%)Nov 26 4:00 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Transocean Ltd.
NYSEWed, Nov 26, 2014 4:01 PM EST
W&T Offshore Inc.
NYSEWed, Nov 26, 2014 4:05 PM EST