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Investers bid $6.1B cash for Penn Gaming Bangor facility to move ahead as planned

Racetrack and casino operator Penn National Gaming Inc., which owns Hollywood Slots at Bangor, said Friday it agreed to be acquired by funds managed by two investment companies for about $6.1 billion in cash. Penn National, with net revenue of $2.2 billion in 2006, operates… Read More

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Investers bid $6.1B cash for Penn Gaming Bangor facility to move ahead as planned