Eldorado Resorts and Gaming and Leisure Properties will buy casino operator Tropicana Entertainment from Carl Icahn for $1.85 billion. Gaming and Leisure will lease the properties to Eldorado under the terms of the deal, which has been approved by all three companies.
Eldorado, Gaming and Leisure buy Tropicana for $1.85B
Sign up for Real Estate Investment SmartBrief
News about REITs and real estate investment
Get the intelligence you need: news and information that is changing your industry today, hand-curated by our professional editors from thousands of sources and delivered straight to your inbox.