Pinnacle Entertainment, Inc. Mergers and Acquisitions


Pinnacle Entertainment, Inc.

3800 Howard Hughes Parkway
Las Vegas, Nevada 89109
United States
Tel:1/702 784-7777
URL: http://www.pnkinc.com
Primary Symbol & Exchange:
PNK - Common Stock - New York Stock Exchange
Industry:
Entertainment
Pinnacle Entertainment, Inc. Company Snapshot

Pinnacle Entertainment, Inc. Deal Timeline


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Acquisitions > 100 M$ 10 to 100 M$ < 10M$ Stakes Divestitures

Pinnacle Entertainment, Inc. M&A History


Rumor dispelled that Pinnacle Entertainment Inc was planning acquisition of Colony Capital LLC-Casino Reso Rumor dispelled that Pinnacle Entertainment Inc was planning acquisition of  Colony Capital LLC-Casino ResoDec 11, 2006

US - Pinnacle Entertainment Inc had been rumored to be in negotiations to acquire a casino resort from Colony Capital LLC, a leveraged buyout firm.

Pinnacle Entertainment Inc acquires Sands Casino Hotel,NJ from Atlantic Coast Ent Hldg Inc Pinnacle Entertainment Inc acquires Sands Casino Hotel,NJ from Atlantic Coast Ent Hldg IncNov 17, 2006

US - Pinnacle Entertainment Inc acquired Sands Casino Hotel, Atlantic, New Jersey (SC), an owner and operator of casino hotels, from Atlantic Coast Entertainment Holdings Inc and Mr. Carl C. Icahn, for an estimated $### mil. The transaction was subject to

Harrah's Ent Inc-Gaming Asts acquires Pinnacle Ent Inc-Casino Asts from Pinnacle Entertainment Inc Harrah's Ent Inc-Gaming Asts acquires Pinnacle Ent Inc-Casino Asts from Pinnacle Entertainment IncNov 09, 2006

US - Harrahs Entertainment Inc (HEI) acquired the Casino Magic Biloxi assets of Pinnacle Entertainment Inc, an owner and operator of gaming company, in exchange for HEI's Lake Charles, Louisiana gaming assets. The transaction had been subject to regulatory approval.

Pinnacle Entertainment Inc withdraws offer for Aztar Corp Pinnacle Entertainment Inc withdraws offer for Aztar CorpMar 13, 2006

US - Pinnacle Entertainment Inc (PE) withdrew its definitive agreement to acquire all the outstanding common stock of Aztar Corp (AC), an owner and operator of casinos, via a tender offer, for $#.## bil, subject to a collar agreement. PE

Pinnacle Entertainment Inc acquires President Riverboat Casino-MO from President Casinos Inc (pending) Pinnacle Entertainment Inc acquires President Riverboat Casino-MO from President Casinos Inc (pending)Feb 24, 2006

US - Pinnacle Entertainment Inc agreed to acquire bankrupt President Riverboat Casino-Missouri Inc, an owner and operator of riverboat and dockside casinos, from President Casinos Inc, for $##.# mil. The transaction was subject to the approval of regulatory authorities

Pinnacle Entertainment Inc acquires Embassy Suites St. Louis from FelCor Lodging Trust Inc Pinnacle Entertainment Inc acquires Embassy Suites St. Louis from FelCor Lodging Trust IncSep 06, 2005

US - Pinnacle Entertainment Inc acquired the Embassy Suites St. Louis-Downtown, an owner and operator of hotel, from FelCor Lodging Trust Inc, for an estimated $## mil. The transaction had been subject to regulatory approvals.

Undisclosed Acquiror acquires Turf Paradise Inc from Pinnacle Entertainment Inc Undisclosed Acquiror acquires Turf Paradise Inc from Pinnacle Entertainment IncJun 15, 2002

US - Hollywood Park Inc divested its Turf Paradise Inc unit, an owner and operator of horse racetracks, to an undisclosed acquiror, for $## mil in cash.

Harveys Casino Resorts withdraws offer for Pinnacle Entertainment Inc Harveys Casino Resorts withdraws offer for Pinnacle Entertainment IncMar 08, 2000

US - Harveys Casino Resorts, a majority-owned unit of Colony Capital Inc, withdrew its agreement to acquire all the outstanding common stock of Pinnacle Entertainment Inc, an owner and operator of casinos and other gaming and sporting facilities, for $##

Jerry Sims acquires Turf Paradise Inc from Pinnacle Entertainment Inc (pending) Jerry Sims acquires Turf Paradise Inc from Pinnacle Entertainment Inc (pending)Dec 30, 1999

US - Jerry Sims definitvely agreed to acquire a Turf Paradise (TP), an owner and operator of race tracks located in Phoenix, Arizona, from Pinnacle Entertainment Inc (PE), formerly Hollywood Park Inc, for $## mil in cash. PE chose to divest

Casino Magic Corp acquires remaining interest in Casino Magic Neuguen from Pinnacle Entertainment Inc Casino Magic Corp acquires remaining interest in Casino Magic Neuguen from Pinnacle Entertainment IncOct 31, 1999

ARGENTINA - Casino Magic Corp, a unit of Hollywood Park Inc, acquired the remaining ##% stake, which it did not already own, in Casino Magic Neuquen from Crown Group Inc for ##.# mil Argentine pesos ($##.# mil US).

Churchill Downs Inc acquires Hollywood Park-Racetrack from Pinnacle Entertainment Inc Churchill Downs Inc acquires Hollywood Park-Racetrack from Pinnacle Entertainment IncSep 10, 1999

Churchill Downs Inc acquired a racetrack and surrounding acreage, located in Inglewood, California, from Hollywood Park Inc for $### mil.

Hollywood Park Inc withdraws offer for Players International Inc Hollywood Park Inc withdraws offer for Players International IncNov 10, 1998

Hollywood Park Inc withdrew its unsolicited offer to acquire all the outstanding common stock of Players International Inc (PI) for $# in cash per share, or a total value of $###.### mil, including the assumption of $### mil in

Hollywood Park Inc acquires Casino Magic Corp Hollywood Park Inc acquires Casino Magic CorpOct 15, 1998

Hollywood Park Inc acquired all the outstanding common stock of Casino Magic Corp (CMC) for $#.## in cash per share, or a total value of $###.### mil, including the assumption of approximately $### mil in liabilities. Subsequently, Grand

Hollywood Park Inc acquires Casino Magic-Crescent City from Pinnacle Entertainment Inc Hollywood Park Inc acquires Casino Magic-Crescent City from Pinnacle Entertainment IncSep 25, 1997

Hollywood Park acquired the Crescent City Queen from Casino Magic for $##.# mil.

Pinnacle Entertainment Inc seeking buyer for Hollywood Park Inc Pinnacle Entertainment Inc seeking buyer for Hollywood Park IncAug 20, 1997

In August ####, Hollywood Park Inc announced that it was seeking a buyer for the company.

Louisiana Gaming Enterprises acquires remaining interest in Louisiana Riverboat from Pinnacle Entertainment Inc Louisiana Gaming Enterprises acquires remaining interest in Louisiana Riverboat from Pinnacle Entertainment IncAug 10, 1997

Louisiana Gaming Enterprises, a unit of Boomtown, acquired the remaining #.#% stake, which it did not already own, in Louisiana Riverboat, from Eric Skrmetta, for $#.### mil. The transaction was subject to regulatory approval.

Undisclosed Acquiror withdraws offer for Casino Magic-Crescent City Undisclosed Acquiror withdraws offer for Casino Magic-Crescent CityJul 03, 1997

Casino Magic terminated its agreement to divest its Crescent City Queen riverboat to an undisclosed acquiror for $##.## mil. The transaction had been subject to Louisiana Gaming Commission regulatory approval.

Hollywood Park Inc acquires Boomtown Inc Hollywood Park Inc acquires Boomtown IncJul 01, 1997

Hollywood Park (HP) acquired Boomtown in a stock swap transaction valued at $###.### mil. HP offered .### common shares per Boomtown share. Based on HP's closing stock price of $## on Mar ##, the last full trading day

Crown Casino Corp acquires a minority stake in Casino Magic Neuguen from Pinnacle Entertainment Inc Crown Casino Corp acquires a minority stake in Casino Magic Neuguen from Pinnacle Entertainment IncJun 02, 1997

Crown Casino acquired a ##% stake in Casino Magic Neuguen, a unit of Casino Magic, for #.## mil Argentine pesos($# mil US).

Royal Casino Group Inc acquires Casino Magic-Goldiggers Casino from Pinnacle Entertainment Inc Royal Casino Group Inc acquires Casino Magic-Goldiggers Casino from Pinnacle Entertainment IncJun 17, 1996

Royal Casino Group (RC) acquired the Goldiggers Casino, located in Deadwood, South Dakota, of Casino Magic for $# mil in convertible preferred stock and .### mil warrants. The warrants were convertible into # common share each at an exercise price

Pinnacle Entertainment, Inc. M&A Summary


Pinnacle Entertainment, Inc. has made 11 acquisitions while taking stakes in 0 companies. Pinnacle Entertainment, Inc. has 14 divestitures during this period.
YearAcquisitionsStakesDivestitures
2008000
2007000
2006101
2005100
2004000
2003000
2002001
2001000
2000000
1999102
1998100
1997303
1996001
1995000
1994300
1993101
1992001
1991000
1990002
1989002
Total11014

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