Announced
Completed
Financials
Tags
Merger
United States
Casinos and Gambling
Public
gambling
Acquisition
Friendly
Completed
Single Bidder
Private Equity
Synopsis
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.
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