Ameristar Casino: Acquisition of Indiana Casino Parent Hits Milestone

The proposed $2.8 billion acquisition of Las Vegas-based Pinnacle Entertainment Inc. (Nasdaq: PNK), which owns Ameristar Casino and Hotel in East Chicago and Belterra Casino Resort in Florence, is moving forward. Penn National Gaming Inc. (Nasdaq: PENN), which announced the deal in December, says shareholders of both companies have approved the acquisition.