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Stock Market & Financial Investment News

News Breaks
November 25, 2013
09:20 EDTBYI, SHFLBally Technologies completes acquisition of SHFL entertainment
Bally Technologies (BYI) announced that it has completed the acquisition of SHFL entertainment (SHFL). As previously announced, SHFL shareholders are receiving $23.25 per share in cash for each share of SHFL stock. The transaction is valued at approximately $1.3B, including assumed net debt. In connection with the acquisition, Bally amended and restated its existing $1.1B credit facility and closed a new $1.1B Term Loan B facility with an all-in yield of 4.375%. Proceeds from the new Term Loan B facility and excess capacity under the existing credit facility will be used to fund the acquisition and pay related fees and expenses.
News For BYI;SHFL From The Last 14 Days
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April 16, 2014
08:40 EDTBYISlot project delays to present problems in 2015, says Janney Capital
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April 10, 2014
08:20 EDTBYIBally Technologies weakness creates long-term buying opportunity, says Stifel
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