On the Record · Pinnacle Entertainment
Pinnacle Entertainment acquisitions, on the record
The businesses Pinnacle Entertainment bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
The Meadows Racetrack and Casino (the "Meadows")Word for word“In September 2016, we closed on a purchase agreement (the “Purchase Agreement”) with GLP Capital, L.P. (“GLPC”), a subsidiary of GLPI, pursuant to which we acquired The Meadows Racetrack and Casino (the “Meadows”) business located in Washington, Pennsylvania for base consideration of $138.0 million , subject to certain adjustments.” 10-K for 2016 | agreed acquisition | September 2016 | $138.0 million |
Former Pinnacle Entertainment, Inc. (Spin-Off and Merger with GLPI)Word for word“On April 28, 2016, Former Pinnacle completed the transactions under the terms of a definitive agreement (the “Merger Agreement”) with Gaming and Leisure Properties, Inc. (“GLPI”), a real estate investment trust.” 10-K for 2016 | merger | April 28, 2016 | — |
The Meadows Racetrack and CasinoWord for word“On September 9, 2016, we closed on a purchase agreement (the “Purchase Agreement”) with GLP Capital, L.P. (“GLPC”), a subsidiary of GLPI, pursuant to which we acquired all of the equity interests of the Meadows located in Washington, Pennsylvania for base consideration of $138.0 million , subject to certain adjustments.” 10-K for 2017 | acquisition | On September 9, 2016 | $138.0 million |
Former Pinnacle (merged with Gold Merger Sub, LLC, a subsidiary of GLPI)Word for word“On April 28, 2016, Former Pinnacle completed the transactions under the terms of a definitive agreement with GLPI (the “ GLPI Merger Agreement ”).” 10-K for 2017 | merger | On April 28, 2016 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2016-12-31 | $107.5 million | $18.8 million |
| 2017-12-31 | $0 | $0 |
Deal filings since 2016
- 2018-10-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-10-15 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2017-12-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-10-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-09-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-04-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-04-28 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
Read from Pinnacle Entertainment’s annual reports (10-K for 2017, 10-K for 2016) and the financial data it files with the SEC, as of 2018-03-01. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.