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Aztar Corporation News
Dennis Gomes acquires Resorts in Atlantic City
24 Aug 2010
Longtime gaming figure Dennis Gomes has agreed to acquire the financially troubled Resorts Casino Hotel in Atlantic City.
Tropicana buyer gambled big, fell hard
19 Aug 2008
A year and a half after Bill Yung paid $2.8 billion for Aztar Corp. and its Tropicana casinos in Las Vegas and Atlantic City, his casino company filed for Chapter 11 bankruptcy protection and he was forced out of his job.
Inside gaming: Once rivals, always rivals
12 Feb 2007
Las Vegas-based Pinnacle Entertainment and Tropicana owner Columbia Sussex Corp., which fought last year over control of Aztar Corp., have taken their feud to Baton Rouge, La.
MERGERS AND ACQUISITIONS: Tropicana gets new ownership
4 Jan 2007
Kentucky-based Columbia Sussex Corp. became the owner of the Tropicana and three other casinos Wednesday after completing a $2.75 billion buyout of Aztar Corp.
Columbia Entertainment completes Aztar acquisition
4 Jan 2007
Columbia Entertainment today completed its acquisition of all of the outstanding common shares of Aztar Corp. for a total of approximately $2.1 billion.
Aztar expects to close Columbia Entertainment merger soon
30 Nov 2006
Aztar Corporation anticipates that its merger with Wimar Tahoe Corporation d/b/a Columbia Entertainment, the gaming affiliate of Columbia Sussex Corporation, will close in early January 2007.
Financing plan for Aztar purchase approved
22 Nov 2006
Columbia Entertainment reports that the Louisiana Gaming Control Board has unanimously approved the company's plan to use bank loans and a subordinated debt offering to acquire Aztar Corp.
Aztar Corp. ends deal to sell casino in Caruthersville, Mo.
6 Nov 2006
Tropicana parent Aztar Corp. said Friday its deal to sell a 650-slot-machine casino in southern Missouri had been terminated.
Columbia Entertainment acquisition of Aztar approved
3 Nov 2006
Columbia Entertainment said today that it has obtained regulatory approvals from gaming authorities in Nevada and New Jersey that will help to clear the way for the company's planned acquisition of Aztar Corporation.
Aztar effort to sell Missouri casino encounters obstacles
30 Oct 2006
A deal by Aztar Corp. to sell its Missouri casino has been halted by that state's gaming commission, but company officials don't believe the decision will delay the casino operator's $2.75 billion buyout by Columbia Sussex Corp.
Missouri determines Fortunes licensing dates
26 Oct 2006
The Missouri Gaming Commission has determined that the licensing of Fortunes Entertainment, the buyer of Aztar's Missouri riverboat gaming operation, will not occur before the deadline for obtaining the necessary licenses to complete the sale.
Aztar reports Q3 results
19 Oct 2006
Aztar Corporation reported financial results for its 2006 third quarter, including property EBITDA from continuing operations of $71.0 million, compared with $65.7 million in the year-earlier quarter.
Aztar investors approve sale to Columbia Sussex
18 Oct 2006
Shareholders on Tuesday approved a $2.75 billion buyout of the Tropicana's parent company.
Aztar reports shareholder approval of merger
17 Oct 2006
Aztar Corporation reports that its shareholders approved the May 19, 2006 Agreement and Plan of Merger with Wimar Tahoe Corporation d/b/a Columbia Entertainment, the gaming affiliate of Columbia Sussex Corporation.
Aztar Issues Notice of Settlement
11 Sep 2006
Aztar Corporation has issued summary notice of a proposed settlement.
Aztar Will Sell Casino to Meet Buyout Deal's Terms
22 Aug 2006
The Tropicana's parent corporation has complied with a condition of its buyout agreement with Columbia Sussex Corp., striking a deal last week to sell its small casino in Caruthersville, Mo., for an undisclosed price.
Fortunes Entertainment to Acquire Aztar Property
18 Aug 2006
Aztar Corporation and Fortunes Entertainment have signed a definitive agreement under which Fortunes Entertainment will acquire from Aztar the casino property commonly known as Casino Aztar Caruthersville.
Waiting Period Expired for Proposed Acquisition of Aztar
26 Jul 2006
Columbia Entertainment and Aztar Corporation report that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 regarding Columbia Entertainment's proposed acquisition of Aztar Corporation has expired.
Aztar Reports Q2 Results
20 Jul 2006
Aztar Corporation reported financial results for Q2, including property EBITDA from continuing operations of $60.2 million, compared with $57.9 million in the year-earlier quarter.
Aztar Sued Over Secondhand Smoke
11 Jul 2006
A New Jersey man has sued Aztar Corporation, the owner of Atlantic City's Tropicana Casino and Resort, for failing to protect him and other individuals from the dangers of secondhand smoke.
Aztar Buyer Feared Background Check
30 May 2006
News Brief: Columbia Sussex Corp., a Kentucky company that is buying Aztar Corp. abandoned a plan to buy a riverboat casino in Missouri because company officials feared they would fail a background check.
Pinnacle Gets $78 Million Consolation Prize
23 May 2006
Pinnacle Entertainment ended Friday with an extra $78 million in the bank but without ownership of Aztar Corp.
Mergers and Acquisitions: Ante for Aztar Upped Again
17 May 2006
The end of the bidding war for Aztar may finally have arrived.
Pinnacle Chairman Says Aztar Used 'Sleazy' Negotiating Tactics
12 May 2006
Shareholders attending Pinnacle Entertainment's annual meeting Wednesday didn't have much to say about the company's proposed $2.58 billion buyout of Aztar Corp.
Pinnacle Advised to Halt Aztar Bidding
12 May 2006
Investors and Wall Street analysts had a message Thursday for the management of Las Vegas-based Pinnacle Entertainment. Get out of the bidding for Aztar Corp.
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