![]() The merger is anticipated to be immediately In addition, Boyd will assume approximately $460 million of Coast debt. On a fully-diluted basis, Coast shareholders will receive approximately $495 million in cash, and Boyd will issue approximately 19.4 millionĪpproximately $325 million based upon Boyds 10-day average daily closing stock price for the period ended February 5, 2004. Under the agreement, which was unanimously approved by the Boards of both companies, Coast will become a wholly-owned subsidiary ofīoyd Gaming and will be positioned in Boyd as a separate operating unit run by current Coast management. ![]() ![]() The Las Vegas locals sector, today announced that the two companies have entered into a definitive merger agreement. LAS VEGAS, NV FEBRU Boyd Gaming Corporation (NYSE: BYD), a major, diversified casino gaming operator, and Coast Casinos, Inc., a leader in
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |