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Columbia completes acquisition of Aztar for $2.1 billion
Las Vegas Sun,
Wednesday, January 3, 2007 at 7:35:15 PM
Columbia Entertainment said it completed its acquisition of Aztar Corp., owner of the Tropicana casino-hotels in Las Vegas and Atlantic City, N.J., on Wednesday for $2.1 billion.
The purchase price for about $54.40 per common share and $575.35 for preferred shares included late-fee penalties for not concluding the deal by Nov. 20.
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