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Penn Could Be Bought. Wall Street Doesn’t Agree on What It Means for the Stock.

Penn Could Be Bought. Wall Street Doesn’t Agree on What It Means for the Stock.

Penn Entertainment could be getting a buyout offer, and Wall Street analysts are debating whether it’s a good move for the company and investors. Penn stock jumped 9.9% on Thursday after a Reuters report that said Boyd Gaming was interested in making an offer to buy the gambling company, citing people with the matter. Neither Penn or Boyd immediately responded to a Barron’s request for comment.