Penn National Gaming, Inc. (NASDAQ:PENN)
CAPS Rating:
The Company is a diversified, multi-jurisdictional owner and operator of gaming and pari-mutuel properties.
The World's Greatest Investing Community
The Company is a diversified, multi-jurisdictional owner and operator of gaming and pari-mutuel properties.
BATS data provided in real-time. NYSE, NASDAQ and AMEX data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates and Analyst Ratings provided by Zacks.
SEC Filings and Insider Transactions provided by Edgar Online.
Powered and implemented by Interactive Data Managed Solutions. Terms & Conditions
RSS Headlines
Fool UK
Recs
So, basically the speculation is that the merger is not certain. Hence the discount to the merger valuation. Granted, the merger is not a sure thing, but if the merger falls through there will be some hefty penalties/fines for the buyer backing out at this stage in the game.I think either way is a win/win situation.Also, look for a surprise with the new casino opening up soon near Harrisburg, PA.Merger or no merger, this is going to make me some points.Hi-oh!