Reviews continued through the week by the parent company of Ameristar Casino on an offer to buy out its real estate assets.

The offer, from casino operator Gaming and Leisure Properties Inc., was announced Monday. It came as Pinnacle Entertainment was already in the middle of splitting into two separate entities: one that owns the real estate assets of its 15 casinos and another that operates those casinos and rents properties from the real estate company.

Terms call for Pinnacle shareholders to receive about $36 in assets for each share they own, or about $2.17 billion. They’d also receive one share of Pinnacle’s casino operation business and 0.5517 shares of GLPI for each Pinnacle share they own. Currently, Pinnacle owns its properties and is responsible for paying property and applicable revenue-based taxes to states and local governments.

Ameristar in Vicksburg referred requests for comment on the offer to Troy Stremming, Pinnacle’s executive vice president for government relations and public affairs, who said a decision wouldn’t come without deliberation.

“At this time, we will not have any further comment until our board of directors has the opportunity to review and consider the proposal from GLPI,” Stremming said in an email Tuesday. “We will continue to have updates in due course.”

GLPI said its first offer for Pinnacle’s property came in January and went public with its offer when Pinnacle refused to have discussions.

If approved, the deal would make GLPI the owner of properties Pinnacle operates.

Pennsylvania-based GLPI is a real estate investment trust that owns casino properties that it leases to casino operators. Las Vegas-based Pinnacle owns and operates casinos in eight states, including Ameristar, and a racetrack near San Antonio.