The bankrupt Siena hotel-casino in Reno, Nev., has been sold at auction for $3.9 million to a group of investors who say they plan to reopen it as soon as possible under the same name.
U.S. Bankruptcy Judge Gregg Zive on Wednesday approved the sale of the Siena Hotel Spa Casino to Grand Siena LCC, on the condition that the group close the deal with bankruptcy lawyers within 48 hours.
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