Penn National Polishes Off $610M Buy Of Harrah's St. Louis

Law360, New York (November 6, 2012, 6:21 PM EST) -- Penn National Gaming Inc. has finalized its $610 million takeover of Harrah’s St. Louis, a gaming and lodging complex, from Caesars Entertainment Corp. to expand its national gambling network into Missouri, the buyer said Monday.

The finalization came after Penn National nailed down regulatory approval for the acquisition, first unveiled in May. Wyomissing, Pa.-based Penn National tacked an extra $1 billion onto its existing $2.15 billion credit facility to back the deal.

The lender group that arrange the buy included Bank of America NA, Wells Fargo...
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