By: Benzinga
December 21, 2012 at 14:14 PM EST
Deutsche Bank Wouldn't Be Shocked by Competing Bids for Ameristar
Deutsche Bank analyst Carlo Santarelli Friday morning issued a research note following the deal between Pinnacle Entertainment (NYSE: PNK ) and Ameristar Casinos (NASDAQ: ASCA ). The analyst said increased or competing offers for Ameristar "wouldn't be shocking." Santarelli believes the deal makes “plenty of sense” for Pinancle, which
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