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View Full Version : M&A hits PEN

john del riccio
06-15-2007, 03:14 PM
http://biz.yahoo.com/ap/070615/penn_national_acquisition.html?.v=8


John
DJofSD
06-15-2007, 03:59 PM
Led by FIG, no less.
ffwfed31
06-15-2007, 04:48 PM
Does that mean it will take a speed figure higher than 5 to win a maiden 5K?
DJofSD
06-15-2007, 04:54 PM
No, it means that if you had held PENN at the beginning of the week, you got a nice $10 or $11 dollars on the taker over news. About a 20% hit to the up side.
john del riccio
06-15-2007, 05:38 PM
Does that mean it will take a speed figure higher than 5 to win a maiden 5K?

:lol: :lol: :lol: :lol: :lol:
Edward DeVere
06-17-2007, 01:15 AM
Nice windfall for the stockholders, but I can't see this as a good thing for the horse racing component of the deal.