Tag Archives: GLPI
- Pinnacle Shareholders Get a Huge Break, They Should Take GLPI’s “Hostile” Offer
April 7, 2015
Pinnacle shareholders got saved by Gaming and Leisure Properties (GLPI) last month. Penn’s spinoff REIT got a little aggressive in March when it went directly to Pinnacle shareholders and offered them $36 a share for Pinnacle’s real estate assets, including its debt. This, after it claimed that Pinnacle’s board has...
- Gaming and Leisure Properties offers to buy Pinnacle assets
March 10, 2015
Real estate investment trust Gaming & Leisure Properties Inc. (GLPI) announced on Monday that it had offered $4.1 billion to buy Pinnacle Entertainment's real estate assets. News of the offer by GLPI, which was spun off from casino operator Penn National Gaming in 2013, was made public after Pinnacle reportedly refused to...
Penn National Gaming acquires two more Mississippi casinos
March 28, 2017