Bally Technologies to buy casino games maker SHFL for $1.3 bln

July 16 Tue Jul 16, 2013 8:13am EDT

July 16 (Reuters) - Casino games maker Bally Technologies Inc said it will acquire rival SHFL Entertainment Inc for about $1.3 billion to expand into international markets.

The offer of $23.25 per share in cash represents a 24 percent premium to SHFL's Monday close.