Announced
Financials
Sources
Tags
Acquisition
Majority
Public
gaming
Single Bidder
United States
Entertainment
Friendly
betting
Private Equity
Domestic
Pending
Synopsis
Standard General, a private equity firm, offered to acquire the remaining 79% stake in Bally's, a gaming, betting and interactive entertainment company, for $1.7bn. "As a result of our long-term involvement with the company and its predecessor, we have a detailed understanding of Bally’s, its business and assets, which will enable us to move quickly to finalize a transaction," Standard General.
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