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Revel in Atlantic City Mulls Sale 6 Months After Bankruptcy Exit

Revel AC Inc. said it’s exploring strategic options, such as a possible sale, and restructuring its loans, six months after the $2.6 billion Atlantic City casino emerged from bankruptcy.

The New Jersey casino, owned by investors who took over in May, hasn’t decided on any specific deal and can’t be certain one will occur, according to a statement yesterday. The company also said it obtained $75 million in additional financing.