BOYD GAMING CORP (BYD): M&A transaction — Boyd Gaming completes acquisition of Pala Interactive for $170M

BOYD GAMING CORP

Acquired Pala Interactive and its Canadian subsidiary for net cash consideration of $170 million.
Pala Interactive provides B2B and B2C online gaming technology in regulated U.S. and Canadian markets.
Boyd Gaming says online casino is an attractive growth opportunity that will complement its land-based operations.

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

BOYD GAMING CORP completed an acquisition involving Pala Interactive LLC for total net cash consideration of $170 million (closed 2022-11-01).

Action: acquisition
Counterparty: Pala Interactive LLC
Consideration: total net cash consideration of $170 million
Closing: 2022-11-01

Exact text from the filing

Boyd Gaming Corporation (NYSE: BYD) today announced that it has closed on its previously announced acquisition of Pala Interactive LLC and its subsidiaries for total net cash consideration of $170 million.

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Source: SEC EDGAR

accession 0001437749-22-025373

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