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Scientific Games Corp to acquire Bally Technologies in transaction valued at $5.1 bln

Friday, 1 Aug 2014 07:21am EDT 

Scientific Games Corp:Enters into definitive merger agreement whereby Scientific Games has agreed to acquire all of the outstanding Bally common stock for $83.30 in cash per share, which represents a 38 pct premium to Bally's closing stock price on July 31, 2014.Aggregate transaction value is about $5.1 bln, including the refinancing of about $1.8 bln of existing Bally net debt.Transaction was unanimously approved by the boards of directors of the two companies. 

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6 May 2015