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Prospect News home > News index > List of issuers P > Headlines for President Casinos, Inc. > News item
Published on 10/7/2004 in the Prospect News Distressed Debt Daily.

President Casinos to sell St. Louis casino for $57 million

New York, Oct. 7 - President Casinos Inc. said that it will sell its St. Louis casino for $57.0 million to Columbia Sussex.

The price was fixed at an auction supervised by the U.S. Bankruptcy Court for the Eastern District of Missouri.

A hearing to approve the sale is set for Oct. 13.

Closing is expected for spring 2005.


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