** Boyd Gaming Corporation (NYSE:BYD) reported that the Kansas Racing and Gaming Commission has approved BYD 's proposed acquisition of Peninsula Gaming, LLC.
Online PR News – 20-November-2012 – Las Vegas, NV – BYD, Boyd Gaming Corporation
BYD reported that the Kansas Racing and Gaming Commission has approved BYD 's proposed acquisition of Peninsula Gaming, LLC. BYD has now received all required regulatory approvals required to proceed with the acquisition. The transaction is expected to close on November 20, 2012. According to the company, the acquisition of Peninsula Gaming will strengthen BYD financially by diversifying its operations, nearly doubling its free cash flow and delivering substantial value for its shareholders. BYD is a leading diversified owner and operator of 17 gaming entertainment properties located in Nevada, New Jersey, Mississippi, Illinois, Indiana, and Louisiana. More about BYD at www.boydgaming.com.
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