Penn National (PENN) Close to Deal to Buy Caesar's (CZR) St. Louis Casino for $600M -Bloomberg

May 7, 2012 3:03 PM EDT
Caesars (Nasdaq: CZR) shares on the move over the last few minutes as Bloomberg is reporting Penn National (Nasdaq: PENN) is rumored to be near a deal to by Caesars' St. Louis casino for about $600 million.

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