Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
SIPEK MERIDITH P
  2. Issuer Name and Ticker or Trading Symbol
AZTAR CORP [AZR]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
VP, Controller
(Last)
(First)
(Middle)
AZTAR CORPORATION, 2390 E. CAMELBACK RD., SUITE 400
3. Date of Earliest Transaction (Month/Day/Year)
01/03/2007
(Street)

PHOENIX, AZ 85016
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Aztar Common Stock 01/03/2007   D   500 D $ 54.3996 (1) 0 I Trust

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Aztar Stock Option Right to Purchase Aztar Common Stock $ 13.24 01/03/2007   D     20,000 05/09/2004 05/09/2011 Aztar Common Stock 20,000 $ 54.3996 (2) 0 D  
Aztar Stock Option Right to Purchase Aztar Common Stock $ 22.15 01/03/2007   D     20,000 05/08/2005 05/08/2012 Aztar Common Stock 20,000 $ 54.3996 (2) 0 D  
Aztar Stock Option Right to Purchase Aztar Common Stock $ 15.71 01/03/2007   D     20,000 05/14/2006 05/14/2013 Aztar Common Stock 20,000 $ 54.3996 (2) 0 D  
Aztar Stock Option Right to Purchase Aztar Common Stock $ 24.39 01/03/2007   D     20,000 01/03/2007 05/13/2014 Aztar Common Stock 20,000 $ 54.3996 (2) 0 D  
Aztar Stock Option Right to Purchase Aztar Common Stock $ 30.9 01/03/2007   D     20,000 01/03/2007 05/11/2015 Aztar Common Stock 20,000 $ 54.3996 (2) 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
SIPEK MERIDITH P
AZTAR CORPORATION
2390 E. CAMELBACK RD., SUITE 400
PHOENIX, AZ 85016
      VP, Controller  

Signatures

 /s/ Meridith P. Sipek   01/03/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) As a result of the completed merger of Aztar Corporation with Columbia Entertainment, a subsidiary of Columbia Sussex Corporation, Aztar's common stock was converted into a right to receive $54.00 in cash plus an additional $0.00888 in cash per day, beginning on November 20, 2006, if the merger was not consummated by November 19, 2006.
(2) Each stock option outstanding under the Aztar Stock Plans was converted into a right to receive an amount in cash equal to $54.00 plus an additional $0.00888 per day beginning November 20, 2006 less the exercise price. All unvested options became vested on the day of the merger.

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