M&A Deal Summary

Tropicana Entertainment Acquires Aztar

On March 1, 2010, Tropicana Entertainment acquired leisure company Aztar

Acquisition Highlights
  • This is Tropicana Entertainment’s 1st transaction in the Leisure sector.
  • This is Tropicana Entertainment’s 1st transaction in the United States.
  • This is Tropicana Entertainment’s 1st transaction in Arizona.

M&A Deal Summary
Date 2010-03-01
Target Aztar
Sector Leisure
Buyer(s) Tropicana Entertainment
Deal Type Add-on Acquisition

Target

Aztar

Phoenix, Arizona, United States
Aztar operates various gaming and hotel facilities in the United States. Aztar also operates facilities in Missouri and Indiana. Aztar facilities include Tropicana Resort and Casino, Ramada Express Hotel and Casino, and Casino Aztar.

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Buyer(S) 1

Buyer

Tropicana Entertainment

Atlantic City, New Jersey, United States

website

Category Company
Sector Leisure
DESCRIPTION

Tropicana Entertainment, Inc. is an owns and operater of eight casinos and resorts in Indiana, Louisiana, Missouri, Mississippi, Nevada, New Jersey and Aruba. Tropicana properties collectively have approximately 5,525 rooms, 8,035 slot positions and 304 table games.

DEAL STATS #
Overall 1 of 1
Sector (Leisure) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Arizona) 1 of 1
Country (United States) 1 of 1
Year (2010) 1 of 1
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