Atlantic City's Revel casino to sell for $82M

Print
Atlantic City's Revel casino to sell for $82M

Last week, a bankruptcy court judge approved Revel's decision to scrap a $95.4 million sale to Straub, who missed a deadline to close on it.

Read MoreS&P lowers Atlantic City general obligation rating by four notches

But she never entered a final order, leaving both parties room for last-ditch negotiations that resulted in Tuesday's sale.

Straub is still not sure whether a casino will be part of his plan.

Read more http://news.google.com/news/url?sa=t&fd=R&ct2=us&usg=AFQjCNHmkVPSzUW7EsapnuNIM3Gi9mvQFg&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52778747600350&ei=k__tVJGhD43V3AHihYGoCg&url=http://www.cnbc.com/id/102452247