Penn National shareholders also approved the deal Thursday with 99 percent of the shares voted. In a filing with the Securities and Exchange Commission late Thursday, Pinnacle reported 99.4 percent of the votes representing 45.1 million shares favored the $2.8 billion transaction announced in December after nearly two months of speculation. on Thursday overwhelmingly approved a proposal for the company’s merger with Penn National Gaming Inc. Shareholders of Las Vegas-based Pinnacle Entertainment Inc. ![]() Timothy Wilmott, president and CEO of Penn National Gaming, speaks during the Global Gaming Expo at the Las Vegas Sands Expo and Convention Center on Thursday, Sept.
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