Churchill Downs to Buy Miss. Casino for $138 Million

Horse racing track owner Churchill Downs (CHDN) agreed to purchase Harlow's Casino Resort & Hotel in Greenville, Miss., for $138 million cash.

The deal is expected to close within six months, MarketWatch reported.

Investor groups Levine Leichtman Capital Partners, Oak Hill Advisors and private investor Jess M. Ravich currently own Harlow's.

Read Full Story

Markets

NASDAQ 6,624.22 0.56 0.01%
S&P 500 2,561.26 1.90 0.07%
DJIA 23,157.60 160.16 0.70%
NIKKEI 225 21,397.74 34.69 0.16%
HANG SENG 28,674.84 -36.92 -0.13%
DAX 13,043.03 47.97 0.37%
USD (per EUR) 1.18 0.00 0.09%
USD (per CHF) 0.98 0.00 -0.09%
JPY (per USD) 112.94 -0.07 -0.07%
GBP (per USD) 1.32 0.00 0.04%

Can't get enough business news?

Sign up for Finance Report by AOL and get everything from retailer news to the latest IPOs delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.