Boyd muscles up with merger - 2004-02-12
When Boyd Gaming Corp. announced Monday that it is purchasing Coast Casinos for $1.3 billion, many
in the Nevada casino community were shocked.
The merger - which is supposed to be completed by the middle of summer, according to Boyd spokesman Rob Stillwell - moves Boyd Gaming to the upper tier of the industry, with MGM Mirage, Caesars Entertainment, Harrah's Entertainment, and Mandalay Resort Group.
Boyd will now have 17 properties with annual revenues of at least $2 billion.
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