A $5.82 billion takeover of Penn National Gaming Inc. has been called off due a declining purchase price, the casino operator said. The buyers, Fortress Investment Group LLC and private equity firm Centerbridge Partners LP, had valued the deal at $67 ...

PHILADELPHIA — Two investment firms pulled the plug Thursday on their $5.82 billion acquisition of Penn National Gaming Inc. after the racetrack and casino operator's stock price tumbled. But they will pay for pulling out. Penn National will get ...

PHILADELPHIA - Two investment firms pulled the plug Thursday on their $5.82 billion acquisition of Penn National Gaming Inc. after the racetrack and casino operator's stock price tumbled. But they will pay for pulling out. Penn National will get $225 ...

Both lawsuits over the $25 billion buyout of Clear Channel Communications Inc. by Bain Capital LLC and Thomas H. Lee Partners LP are moving swiftly, while the wide spread on the buyout of Penn National Gaming Inc. by Fortress Investment Group LLC and Centerbridge Partners LP reflects worries about t ...