MGM, Boyd shares are boosted by hedge fund purchase

05/18/2010 |

Hedge fund Paulson & Co. purchased 40 million shares of MGM Mirage and 4 million shares of Boyd Gaming. Shares of MGM Mirage jumped 3.3% in after-market trades, while Boyd rose 3.9%. Billionaire investor John Paulson runs the Paulson & Co. hedge fund.

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