News Breaks
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| 12:27 EDT |  | PENN |
| theflyonthewall.com: | Penn National, Fontainebleau enter into "stalking horse" asset purchase pact | | On November 16, 2009, Nevada Gaming Ventures, or NGVI, an indirect subsidiary of Penn National Gaming, entered into both a “stalking horse” Asset Purchase Agreement by and among Fontainebleau Las Vegas Holdings, Fontainebleau Las Vegas, Fontainebleau Las Vegas Capital, Fontainebleau Las Vegas Retail Parent, Fontainebleau Las Vegas Retail Mezzanine, Fontainebleau Las Vegas Retail and NGVI, and a Debtor-In-Possession Credit Agreement among Resort Holdings, Resort, Resort Capital, the Lenders party thereto and NGVI. :theflyonthewall.com |
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