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Another Upped Bid for Tropicana Takeover
The bidding war for Aztar continues... original Aztar bidder Pinnacle Gaming has upped their Tropicana offer to $45/share. Doubt this will be the last bid we see.
Here's the rundown of the Tropicana bidding war so far:
Mid March: Pinnacle Gaming offers $38/share of Aztar
Late March: Colony Capital offers $41/share
April 3: Ameristar Offers $42/share
April 17: Columbia-Sussex offers $47/share
April 19: Pinnacle Ups its originally offer to $43/share
April 21: Ameristar ups its offer to $45/share
April 24: Pinnacle ups its offer to $45/share (matching Ameristar)
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