Thursday, 26 July 2007

UPDATE 1-Penn National profit falls on merger costs

(Reuters) - The racetrack and casino operator said second-quarter net
profit fell to $38.3 million, or 43 cents a share, from $42.7
million, or 49 cents a share, a year earlier.




On June 15, Fortress and Centerbridge Partners LP agreed to
buy Penn National for $67 a share, or $6.1 billion.


Read more at Reuters.com Market News

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