Penn Makes $50M Offer for $3B Fontainebleau

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Last updated: November 18, 2009 07:39am

Penn Makes $50M Offer for $3B Fontainebleau

By Brian K. Miller

LAS VEGAS-In addition to its would-be 'stalking horse' bid for the unfinished hotel, resort and casino Penn National arranges $51.5 million in interim debtor-in-possession.

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