🍒 Pinnacle Entertainment to Acquire Ameristar Casinos for $ Per Share in Cash Nasdaq:PNK

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Lewis Fanger, Investor Rel. Mgr.-Casino Magic, Argentina Pinnacle Entertainment, Inc. is a developer, owner and operator of casinos and related hospitality.


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The Investor Relations website contains information about Gaming and Leisure Inc.'s business for stockholders, potential investors, and financial analysts. Las Vegas Casino Hotel Resort (the “Tropicana”) and provided an update on the Inc. Stock and Subsequent Exchange of Pinnacle Shares for GLPI Shares MB​.


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PINNACLE ENTERTAINMENT INC Industry Group Code: Ranks within this VP Keith Henson, VP-Relationship Mktg. Humberto Trueba Jr., Sr. VP-​Human Resources Carol Lewis Fanger, Investor Rel. The company currently operates six domestic casinos, three of which are being expanded and enhanced​.


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synergies and benefits of a potential combination of Pinnacle and Ameristar, including the expected accretive effect of the merger on Pinnacle's financial results.


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Penn National Gaming Announces Reopening of Its 10 Casinos in Louisiana and Investor Presentation: Penn National Gaming's Acquisition of Pinnacle.


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The Investor Relations website contains information about Gaming and Leisure Inc.'s business for stockholders, potential investors, and financial analysts. Las Vegas Casino Hotel Resort (the “Tropicana”) and provided an update on the Inc. Stock and Subsequent Exchange of Pinnacle Shares for GLPI Shares MB​.


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23, (GLOBE NEWSWIRE) -- Pinnacle Entertainment, Inc. (NASDAQ:PNK) ("​Pinnacle" or high limit casino space and renovate the existing casino floors of the property. Investor Relations & Financial Media Inquiries.


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A presentation that will be discussed on the call will be available in the Investor Relations section of Pinnacle's website. A replay of the.


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Readers are cautioned not to place undue reliance on any of these forward-looking statements. In connection with the proposed merger, Ameristar plans to file a proxy statement with the SEC and mail the proxy statement to its stockholders. Visit Pinnacle Entertainment's website at www. Pinnacle and Ameristar will host a joint conference call for investors today, Friday, December 21, , at a. Investors can listen to the call by dialing The code to access the conference call is Investors may also listen to the conference call live over the Internet at either www. Both companies have developed cultures where team members are focused on providing a high quality experience to their guests and delivering outstanding financial outcomes for their shareholders. This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of These forward-looking statements are based on Pinnacle's and Ameristar's current expectations and are subject to uncertainty and changes in circumstances. Pinnacle will benefit from increased operational and geographic diversity by more than doubling in size to 17 operating properties in 13 distinct geographies. Pinnacle defines Consolidated Adjusted EBITDA as earnings before interest income and expense, income taxes, depreciation, amortization, pre-opening and development expenses, non-cash share-based compensation, asset impairment costs, write-downs, reserves, recoveries, corporate-level litigation settlement costs, gain loss on sale of certain assets, loss on early extinguishment of debt, gain loss on sale of equity security investments, minority interest and discontinued operations. Ameristar Casinos, Inc.

Pinnacle casinos investor relationship transaction has received the unanimous approval of both the Ameristar and Pinnacle Boards of Directors.

Mobile app fantasia casino Sign In. ACDLan international development and real estate company currently developing Vietnam's first large-scale integrated resort on the Ho Tram Strip.

Gordon Kanofsky, Chief Executive Officer of Ameristar Casinos learn more here, "We are excited to have reached this agreement with Pinnacle as this transaction maximizes value for our shareholders and provides them with a significant and immediate premium.

Sign up today read article your pinnacle casinos investor relationship Reader Account! We are focused on ensuring a smooth transition and look forward to working with the Pinnacle team.

Over recent years, we have made tremendous progress at Pinnacle in providing a higher level of service to our guests and improving our financial performance. Pinnacle Entertainment, Inc.

Our operating philosophy and cultures are perfectly aligned. The transaction is subject to customary closing conditions, approval by Ameristar's shareholders and required regulatory approvals. These forward-looking statements may be identified by the use of words such as "expect," "anticipate," pinnacle casinos investor relationship "estimate," "potential," "should", "will" pinnacle casinos investor relationship similar words intended to identify information that is not historical in nature.

Log in here. Pinnacle expects the transaction to close by the end of the third quarter of Pinnacle has obtained committed financing for the transaction and the transaction is not subject to a financing contingency. The inclusion of such statements should not be regarded as a representation that such plans, estimates or expectations will be achieved.

A presentation that will be discussed on the call will be available in the Investor Relations section of Pinnacle's website. Subscribe via RSS. Ameristar continuously strives to increase the loyalty of its guests through the quality of its slot machines, table games, hotel, dining and other leisure offerings.

The Pinnacle Entertainment, Inc. Ameristar has 7, dedicated team members who pride themselves on delivering consistently friendly and appreciative service to their guests. Anthony Sanfilippo, President and Chief Executive Officer of Pinnacle Entertainment commented, "The acquisition of Ameristar is a transformative transaction for Pinnacle that will provide us the scale and diversification to more effectively compete.

Email Print Friendly Share. These documents can be obtained free of charge from the sources indicated this web page. Ameristar Casinos is an innovative casino gaming company featuring the newest and most popular slot machines.

Formats available: Original Medium Small. Ameristar has been a public company sinceand its stock is traded on the Nasdaq Global Select Market.

Charles near St. Forward-looking statements reflect Pinnacle's and Ameristar's management's analysis as of the date of this release. With a Reader Account, it's easy to send email directly to the contact for this release. Additional information regarding these persons and their interests in the merger will be included in the proxy statement relating to the merger when it is filed with the SEC.

The proxy statement, as well as other filings containing information about Pinnacle and Ameristar will be available, free of charge, from the SEC's web site www. The acquisition of Ameristar's properties will complement Pinnacle's existing portfolio by adding eight casino-resorts in some of the nation's best gaming markets, including: St.

Finally, we expect the acquisition of Ameristar to be accretive to our free cash flow and earnings per share following the closing, and for it to provide increased long-term strategic and financial flexibility.

We are confident this transaction will drive long-term value for Pinnacle's stakeholders. These forward-looking statements include, among others, statements regarding the expected synergies and benefits of a potential combination of Pinnacle and Ameristar, including the expected accretive effect of the merger on Pinnacle's financial results and profile e.

Pacific Time to discuss the proposed acquisition. Already have an account? The increased scale and diversification of the Company will expand opportunities for our team members and provide enhancements for our guests.

The Ameristar Casinos, Inc. GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

We are thrilled about the opportunities that will be created by combining the two companies. Pinnacle's SEC filings in connection with the transaction also may be obtained, free of charge, from Pinnacle's web site www. Ameristar defines Adjusted EBITDA as earnings before interest, taxes, depreciation, amortization, other non-operating income and expenses, stock-based compensation, deferred compensation plan expense, non-operational professional fees and river flooding expenses and reimbursements. Pinnacle and Ameristar and their respective directors and executive officers and other persons may be deemed to be participants in the solicitation of proxies in connection with the proposed merger. Subscribe via ATOM. A replay of the conference call will be available shortly after the conclusion of the call through January 4, by dialing The code to access the replay is The conference call will also be available for replay at www. The coupling of Pinnacle and Ameristar properties will create a terrific portfolio of quality assets to serve our combined guests. There is no assurance that the potential transaction will be consummated, and there are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements made herein. Pinnacle and Ameristar do not undertake to revise these statements to reflect subsequent developments, except as required under the federal securities laws.