FTC Requires Pinnacle to Sell Two Casino Properties as Condition for Acquiring Rival Ameristar

Pinnacle Entertainment, Inc. and Ameristar Casinos, Inc. have agreed to sell casino properties in St. Louis, Missouri and Lake Charles, Louisiana, to settle Federal Trade Commission charges that Pinnacle’s $2.8 billion merger with Ameristar would be anticompetitive. “The proposed order announced today is an example of the Commission’s continuing efforts to preserve competition on behalf […]