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Boyd Passes Its Option On Borgata

By Chuckmonster on Monday, 25th October 2010 4:16pm
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Boyd Gaming, holder of the non MGM 50% of Borgata bid on by Leonard Green and Associates has decided to pass on their first refusal option.

RateVegas.com offers response we are in complete agreement with.

But why? $250M is chicken feed when looking at the cash Borgata is going to throw off over the long term... unless Boyd can't afford to look at the long term.

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