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Article: Penn National Gaming Expects Proposed Acquisition of Argosy Gaming Company Closing in the Second Half of 2005.
- Article from:
- Business Wire
- Article date:
- January 20, 2005
CopyrightCOPYRIGHT 2005 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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WYOMISSING, Pa. -- Reiteration of Expected Time of Closing Follows Approval of Transaction by Argosy Gaming Company Stockholders
Penn National Gaming, Inc. (Nasdaq:PENN) announced today that, subject to the satisfaction of remaining conditions, that it continues to expect its pending acquisition of Argosy Gaming Company (NYSE: AGY) to close in the second half of 2005 based on Argosy stockholders' vote earlier today to approve the transaction.
The transaction remains subject to approval by each company's respective state regulatory bodies, and to certain other necessary regulatory approvals and other customary closing conditions contained in the merger ...