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Pinnacle Entertainment stock price
Pinnacle Entertainment latest news:
Pinnacle Entertainment, Penn National stocks soar after WSJ report of merger talks
Shares of Pinnacle Entertainment Inc. (PNK) shot up 7.9% in afternoon trade Thursday, and of fellow casino operator Penn National Gaming Inc. (PENN) climbed 4.0%, after The Wall Street Journal reported the companies have held merger talks. Citing people familiar with the matter, the WSJ report said that the companies have engaged in "on-again, off- again" discussions about a deal but have been unable to agree on terms, although Penn National was still interested in buying Pinnacle.
BRIEF-Penn National and Pinnacle Entertainment consider merger - WSJ, citing sources
* Penn National, Pinnacle Entertainment (PNK) consider merger - WSJ, citing sources Source text: http://on.wsj.com/2wzyKgM.