Landry's to Buy the Golden Nugget
2005-02-07
Seafood chain Landry's Restaurants Inc. (NYSE:LNY) said on Friday it would jump into the gambling business with the purchase of the storied Golden Nugget in downtown Las Vegas for $140 million.
The deal for the Golden Nugget, which once hosted headliners like Frank Sinatra and more recently was featured as the center of the Fox Television reality series "The Casino," is expected to close in the next 12 months, current owner Poster Financial Group said in a news release.
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More Landry’s Restaurants News
- Landry's Successfully Completes Cash Tender Offer for Shares of McCormick & Schmick's Seafood Restaurants
- Landry's Extends Tender Offer to Acquire McCormick & Schmick's
- Landry's Announces Launch of Financing for Its Acquisition of McCormick & Schmick's
- Landry's Commences Cash Tender Offer for All Outstanding Shares of McCormick & Schmick's Seafood Restaurants at $8.75 Per Share
- Landry's Signs Agreement to Acquire McCormick & Schmick's Seafood Restaurants at $8.75 Per Share
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