Gaming And Leisure to Buy Real Estate Assets of New Mexico Property for $183.8 Million

MT Newswires Live
Oct 01

Gaming and Leisure Properties (GLPI) said Wednesday it plans to acquire the real estate assets of Sunland Park Racetrack & Casino in New Mexico for about $183.8 million.

The company expects the deal to be immediately accretive to per-share adjusted funds from operations upon closing, which is expected to take place Oct. 15.

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