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Donpow
4 Comments
Penn Deal is Stalled: What is Best for Investors?
Due the the recent exptension of the merger to for 120 more days, it is obvious to me that the deal will go through at 67 plus the per day penalty. Fortress just paid 2.4 mill to the PA gaming commission for their aproval, Iowa just approved and it appears all but Indiana will be approving shortly. Look, there is no way the deal will be repriced as it would be a legal mess for Fortress and the banks. Fortress was willing to wait a year for all the approvals, they confirmed in their CC that the deal was progressing. All this talk by the FT and NYT is heresay, believe me. Penn is a great value, they know it will be for their investors and they want those fees that go alon with it. If they want to keep Carlino happy, and stay there then the deal goes through. By the way if you look at the chart is is very bullish.
Penn Gaming Acquisition Not a Gamble
As Hot Money Flees Commodities, Picking Up a Little EOG Resources
Five Technical Issues Hampering Online Video Growth
I have been buying Roo Media Tech which is an internet ad and content provider. They recently hired the VP of Fox News, VP of Clear Channel in charge of marketing, and an owner of a content company which he sold to Bill Gates for 250mill. Any thoughts of them. It has been hammered recently by a forced selling by a hedge fund.
Thanks