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Provides Company with Access to Upcoming Sports Betting Market in Maryland
Penn National Gaming, Inc. (PENN: Nasdaq) ( Penn National or the Company ) announced today that it entered into a definitive agreement with Gaming and Leisure Properties, Inc. (GLPI: Nasdaq) ( GLPI ) to acquire the operations of Hollywood Casino Perryville in Maryland for $31.1 million in cash, subject to certain customary working capital adjustments. Simultaneous with the closing of the transaction, Penn National will enter into a lease with GLPI for the real estate assets associated with the Hollywood Casino Perryville facility with annual rent of approximately $7.77 million. Penn National is excited to acquire the operations of Hollywood Casino Perryville, a property we developed in 2010, which will allow us to re-enter the strong Maryland gaming market and add a twentieth gaming jurisdiction to our leading nationwide footprint, said Jay Snowden, President and CEO of Penn National.
Penn National Gaming to Acquire Hollywood Casino Perryville Operations – IT Business Net itbusinessnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from itbusinessnet.com Daily Mail and Mail on Sunday newspapers.
FLIR Systems acquires drone manufacturer Altavian, Inc.
Date Announced: 10 Dec 2020
Acquisition Provides Company with Comprehensive Mission Coverage within Group 1 Unmanned Systems for Defense Customers; Bolsters Position to Deliver Solutions for Commercial and Public Safety.
ARLINGTON, Va., USA – FLIR Systems, Inc. (NASDAQ: FLIR) has announced that it has acquired Altavian, Inc., a privately-held manufacturer of small unmanned aerial systems (sUAS) for defense and public safety customers. Altavian’s airframes integrate multiple sensors, including FLIR thermal technology, to provide users with decision support and intelligence, surveillance, and reconnaissance (ISR) capability.
Based in Gainesville, Florida and founded in 2011, Altavian designs and manufacturers Group 1 UAS solutions for long or short range operations. With both quadcopter and fixed-wing UAS designs, Altavian’s expertise includes aeronautics, avionics, and software, and its solutions are engineered around