Friday, November 24, 2006

Reports Boyd Gaming (BYD) Could Be Next Las Vegas Takeover - BusinessWeek

According to BusinessWeek's Inside Wall Street column, Boyd Gaming (NYSE: BYD) could be the next Las Vegas takeover target, following a recent bid for Harrah's (NYSE: HET) and a takeover of Aztar (NYSE: AZR) earlier this year. Lawrence Haverty of Gabelli Global Multimedia Trust, who identified Harrah's, Aztar, and Tribune (NYSE: TRB) months before they became targets, said Boyd could be next and puts a "private market value" of $70 on the shares.

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