Pinnacle, which last offered $38 per share or $2.1 billion, jousting with its Las Vegas competitor for Aztar's major attractions, a 34-acre tract in the heart of the gaming empire and its 61,000-sf Las Vegas Tropicana at 3801 Las Vegas Blvd. Aztar's portfolio contains five entertainment and gaming properties, totaling 4,564 rooms.
Also at stake is the future of Aztar's headquarters building at 2390 E. Camelback Rd. In its original offer, Pinnacle suggested the Phoenix building might close if it wins the face-off.
An Aztar representative isn't commenting about the transaction's timeline or the bidding war that's under way. Pinnacle did not return calls by press time.
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