Tuesday, December 5, 2006

Boyd Gaming sees stock climb on speculation it could be next takeover target - report

Boyd Gaming, the listed Nevada casino company, saw its stock climb Monday on speculation it could be the next takeover target, reported the Wall Street Journal. The report, citing analysts, reported shares of Boyd Gaming rose 11% and its options traded briskly on speculation that Boyd could be the next to be taken out.
The speculation was prompted by an offer for Station Casinos. The report was part of the Wall Street Journal's options column.
Boyd has a market capitalization of USD 3.7bn.

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