Boyd Gaming finishes sale of its half of Borgata casino

August 1, 2016 4:56 PM

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ATLANTIC CITY, N.J. — Boyd Gaming has completed the sale of its half-ownership of Atlantic City’s Borgata casino to MGM Resorts International.

Nevada-based Boyd says it received $589 million from Monday’s transaction, after deducting its share of Borgata’s currently outstanding debt.

Also read: Checkers Drive-In Restaurants Agrees to Be Sold in $525 Million Deal

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