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Deutsche Bank: Boyd Gaming's High Debt Makes REIT Unattractive

2014-11-01 19:11:25| Trucking - Topix.net

Boyd Gaming Corporation possible plan to split off part of its operations as a real estate investment trust lacks credibility in light of the company's $3.5 billion debt load, an analyst said Friday. Boyd's Chief Executive Keith E. Smith told investors the company is studying the idea although it "won't be a quick process."

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