Argosy Purchased

Argosy Purchased

Penn National Gaming, Inc. has agreed to be purchased by Fortress Investment Group, LLC., according to an article in the Cincinnati Post. Penn National operates several casinos across the United States, including the Argosy in Lawrenceburg, Indiana – just across the river from Ohio. According to the article, Fortress offered $6.1 billion in cash and will repay $2.8 billion of the target’s debt.

/ Casino / Tags: ,

Share the Post