NEW YORK--(BUSINESS WIRE)-- Bragar Eagel & Squire, P.C. is investigating potential claims on behalf of Pinnacle Entertainment, Inc. (NASDAQ: PNK) stockholders concerning the proposed acquisition of the company by Penn National Gaming, Inc. (NASDAQ: PENN).
Our investigation concerns whether Pinnacle’s board of directors failed to adequately shop the company and obtain the best possible value for its stockholders before entering into a definitive merger agreement with Penn National. Under the terms of the agreement, Pinnacle stockholders will receive $20.00 in cash and 0.42 shares of Penn National common stock for each Pinnacle share that they own.
If you own Pinnacle Entertainment shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at firstname.lastname@example.org, or telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating in commercial and securities litigation. For additional information concerning our investigation of Pinnacle Entertainment, Inc., please go to http://www.bespc.com/pinnacleentertainment. For additional information about Bragar Eagel & Squire, P.C., please go to www.bespc.com.
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Source: Bragar Eagel & Squire, P.C.