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Reno Sands Sold to Vegas Local Herbst

By Chuckmonster on Wednesday, 17th May 2006 8:08pm
  » filed under Las Vegas  comments: 0

   

Casino operator Sands Regent Inc. on Wednesday said it has agreed to be acquired by Herbst Gaming Inc. for about $148 million in cash, or $15 per share.

The company said Sands Regent will become a wholly owned subsidiary of Herbst Gaming and the deal is expected to close by end of year.



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