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Pinnacle sells Atlantic City land

8 March 2013

ATLANTIC CITY, New Jersey -- Pinnacle Entertainment has reached a definitive agreement to sell its Boardwalk land, the Press of Atlantic City reported.

It took Pinnacle three years to sell the land, the report said.

The company did not disclose the buyer, but the land was sold at the much reduced price of $30.6 million, the Press of Atlantic City reported.

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