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Travel & Entertainment M&A image Travel & Entertainment M&A » By The Online Investor Staff, updated Sat., Sep. 19, 1:50 PM Recent mergers and acquisitions in the Travel & Entertainment M&A category.

Slide #77. Penn National Gaming, Inc. Harrah's St. Louis

Acquirer: Penn National Gaming, Inc. (NASDAQ:PENN)
Acquiree: Harrah's St. Louis
Details: Penn National Gaming, Inc. announced today that having received requisite regulatory approvals, it has completed its acquisition of the stock of the Harrah's St. Louis gaming and lodging facility from Caesars Entertainment for total consideration of approximately $610 million.

Penn National Gaming is an owner and manager of gaming and racing properties and video gaming terminal operations. Co. provides live sports betting at its properties in Indiana, Iowa, Mississippi, Nevada, Pennsylvania and West Virginia. Co. operates an interactive gaming division through its subsidiary, Penn Interactive Ventures, LLC. Co.'s segment's properties include Ameristar East Chicago, Greektown Casino-Hotel, 1st Jackpot Casino, Ameristar Vicksburg, Ameristar Black Hawk, Cactus Petes and Horseshu, Ameristar Council Bluffs, Argosy Casino Alton, Freehold Raceway, Retama Park Racetrack, Sam Houston Race Park and Valley Race Park, and Sanford-Orlando Kennel Club, among others.

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Company Name:  Penn National Gaming Inc
Website:  www.pngaming.com
Sector:  Hotels, Lodging, Restaurants & Travel
Number of ETFs Holding PENN:  46
Total Market Value Held by ETFs:  $1.62B
Total Market Capitalization:  $9.34B
% of Market Cap. Held by ETFs:  17.34%
 

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September 19, 2020    1:50 PM Eastern
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