On Friday, U.S. casino operators’ shares surged as Penn National Gaming, Inc (NASDAQ:PENN) aims to split some real estate assets drew attention to a more tax-competent structure that could benefit gaming industry investors. Penn National’s shares jumped 38% following it declared plans on Thursday to skim off 17 casino properties into a novel firm that […]
LVS
TNT Express decides to Sell Airline to Secure UPS (NYSE:UPS) Deal – UPS, SPLS, DRYS, LVS, EBAY
On Fir dad, TNT Express NV (TNTE) deiced to sell its airline operations to ASL Aviation Group Ltd. in an effort to safeguard a contract to combine with United Parcel Service, Inc. (NYSE:UPS). The transaction is provisional on the completion of UPS’s planned 5.16 billion-euro ($6.58 billion) buy of TNT, the Hoofddorp, Netherlands-based the package-delivery […]
