In what sounds like a 'Come On Dudes, We're the Real Bidder Here', Pinnacle has upped their bid for Aztar to $45 a share.

We'll see what happens now - the bid from Columbia Sussex is still higher at $47 but they have potential licensing issues.

In related news, this article talks about Aztar and Riviera valuations and how they vary:

http://www.lvbusinesspress.com/articles/2006/04/24/news/news01.txt

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