Boyd Gaming to draw under existing facility for Lattner acquisition

By Tali Rackner

Minneapolis, May 2 – Boyd Gaming Corp. plans to use available borrowings under its existing credit facility to help finance its acquisition of Lattner Entertainment Group Illinois, LLC, according to a press release.

The $100 million transaction, which is expected to close by the end of the second quarter, will also be funded with cash flow from operations.

Boyd is a Las Vegas-based owner and operator of gaming entertainment properties. Lattner is a video game operator based in Ottawa, Ill.

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