NEW YORK--(BUSINESS WIRE)--Fitch Ratings has placed Pinnacle Entertainment Inc.'s (PNK) 'B+' Issuer Default Rating (IDR) on Rating Watch Positive and PNK's issue ratings on Rating Watch Evolving following PNK's announcement that it will be acquired by Gaming and Leisure Properties, Inc. (GLPI), which will assume $2.7 billion of PNK's debt. The Rating Watch reflects Fitch's view of GLPI's credit profile, which is seen by Fitch as stronger than PNK's current credit profile. GLPI plans to have a 5