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Pinnacle (PNK), Ameristar (ASCA) Deal to Close, But Uncertain Timeline Creates Risk

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Pinnacle (PNK) / Ameristar (ASCA) Merger Likely to Be Completed - Deutsche Bank

May 30, 2013 1:11 PM EDT

Yesterday it was learned that the FTC issued a complaint regarding Pinnacle Entertainment's (NYSE: PNK) acquisition of Ameristar Casinos (Nasdaq: ASCA). Commenting on the news, Deutsche Bank analyst Andrew Zarnett said he thinks the merger will be complete,... More

Pinnacle (PNK) Says Committed to Completing Ameristar (ASCA) Deal

May 29, 2013 2:51 PM EDT

Pinnacle Entertainment, Inc. (NYSE: PNK) today commented on the administrative complaint issued by the Federal Trade Commission ("FTC") regarding Pinnacle Entertainment's proposed acquisition of Ameristar Casinos (Nasdaq: ASCA). According to the FTC's press release, the administrative complaint... More

UPDATE: FTC Challenges Ameristar (ASCA) / Pinnacle Entertainment (PNK) Deal

May 29, 2013 2:12 PM EDT

(Updated - May 29, 2013 2:18 PM EDT)

In December Pinnacle Entertainment, Inc. (NYSE: PNK) and Ameristar Casinos, Inc. (Nasdaq: ASCA) announced the companies have entered into a definitive agreement under which Pinnacle will acquire all of the outstanding... More