Penn Nat’l Gaming satisfies financing condition related to tender offer, consent solicitation
By APFriday, August 14, 2009
Penn National Gaming satisfies financing condition
WYOMISSING, Pa. — Casino operator Penn National Gaming Inc. said Friday that it has satisfied the financing condition related to the tender offer and consent solicitation for $200 million senior subordinated notes due 2011.
Shares of Penn National Gaming fell 75 cents, or 2.3 percent, to $31.39 in midday trading. Over the past year, the stock has traded in a range of $11.82 to $35.37.
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