PENN Stock Alert: Boyd Gaming Wants to Buy Penn Entertainment

Penn Entertainment (NASDAQ:PENN) stock is in the news Friday as reports spread that the company has received an acquisition offer from Boyd Gaming (NYSE:BYD). The first of these is Penn Entertainment even taking part in negotiations. The offer from Boyd Gaming is unsolicited and may be ignored. There are also regulator issues with both companies needing approval across several states. Finally, Penn Entertainment is currently in a partnership with ESPN. That means any deal would have to secure the approval o ...