Travel & Entertainment M&A » By The Online Investor Staff, updated Sat., Aug. 13, 11:19 AM
Recent mergers and acquisitions in the Travel & Entertainment M&A category.
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Slide #75. Boyd Gaming Corporation — Peninsula Gaming, LLC
Acquirer:
Boyd Gaming Corporation (NYSE:BYD)
Acquiree:
Peninsula Gaming, LLC
Details:
Boyd Gaming Corporation announced that the Kansas Racing and Gaming Commission has approved the Company's proposed acquisition of Peninsula Gaming, LLC.
Boyd Gaming is a multi-jurisdictional gaming company. Co. operates owned gaming entertainment properties in Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Ohio and Pennsylvania. Co. has three reportable business segments: Las Vegas Locals, which includes casinos that primarily serve the resident population of the Las Vegas metropolitan area; Downtown Las Vegas, focuses on gaming enthusiasts from Hawaii and tour and travel agents in Hawaii; and Midwest and South, which includes land-based casinos, dockside riverboat casinos, racinos and barge-based casinos. Co. also operates a travel agency and a captive insurance company that underwrites travel-related insurance.
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Avg. Broker Rec.
 
|
Strong Buy (3.77 out of 4) 64th percentile
(ranked higher than approx. 64% of all stocks covered)
Analysts' Target Price: BYD Stock Forecast Based on Zacks ABR data; powered by Xignite |
