Angel Playing Cards acquired Gaming Partners International for $110m.

Angel Playing Cards, a company specialised in distribution of games, toys, hobby goods, and supplies acquired Gaming Partners International, which manufactures and supplies casino table game equipment to licensed casinos worldwide, for $110m. Under the terms of the merger agreement, stockholders of GPIC will receive $13.75 in cash in exchange for their shares. Upon closing of the transaction, Angel will own 100% of GPIC.