When you find a business that will pay for itself in two years let me know and I will buy it. Most businesses sell for 1 times SALES not cash flow. This means that Boyd will be able to pay for the business in four years without any cost to the company. Apparently the bond rating agencies agree as they confirmed Boyd's rating today. I think that they got a steal. I am going to check on another casino business that I noticed a few days ago and will report later on it.
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