Penn National’s $6.1bn buyout abandoned

The $6.1bn private equity takeover of Penn National Gaming had been aborted because of market conditions and the risk of spiralling legal costs. It had been one of the last remaining major buy-out deals negotiated before the credit crisis

This entry was posted on Thursday, July 3rd, 2008 at 3:23 pm and is filed under Financial Services. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.