1. Pinnacle shares surge on activist shareholder proposal

    Pinnacle shares surge on activist shareholder proposal

    Shares in Pinnacle Entertainment Inc. shot up 7 percent today after activist investor Orange Capital LLC announced it wants the Las Vegas-based casino operator to spin off its real estate properties to shareholders. New York-based Orange Capital also ...

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    1. Pinnacle's Board and management team will continue to assess opportunities to thoughtfully grow the Company, enhance its capital structure, improve its strategic direction, and operate under the most efficient corporate structure.
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