Boyd Gaming plans incremental debt for Valley Forge Casino purchase

By Sara Rosenberg

New York, Dec. 20 – Boyd Gaming Corp. plans on getting incremental debt financing to fund its acquisition of Valley Forge Casino Resort in King of Prussia, Pa., from Valley Forge Convention Center Partners LP for $280.5 million in cash, according to a news release.

Closing is expected in the third quarter of 2018, subject to customary conditions and the receipt of all required regulatory approvals.

Boyd is a Las Vegas-based owner and operator of gaming entertainment properties.

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