Judge Approves Sale of Revel Casino for Pennies on the Dollar - NBCN...

10/07/14

Judge Approves Sale of Revel Casino for Pennies on the Dollar
NBCNews.com
A federal bankruptcy judge on Tuesday approved the sale of Atlantic City's former Revel Casino Hotel for 5 cents on the dollar to a Toronto asset management firm. Judge Gloria Burns approved the sale to Brookfield Asset Management for $110 million.

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