In addition, the existing leases for the Hollywood Casino at The Meadows in Pennsylvania and Hollywood Casino Perryville in Maryland will terminate and these properties will be transferred into the new master lease. The new master leasee will add Penn's properties in Aurora and Joliet, Illinois Columbus and Toledo, Ohio and Henderson, Nevada. The companies have also agreed to a funding mechanism to support PENN's pursuit of relocation and development opportunities at several of the properties included in the new master lease. Gaming & Leisure Properties ( NASDAQ: GLPI) announced that it agreed to create a new master lease with Penn Entertainment ( NASDAQ: PENN) for seven current properties.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |