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News Breaks | | | | February 7, 2013 | | 08:22 EDT |  | IGT | Adler Group sends letter to IGT stockholders regarding board nominees
"Since last September, we have sought a dialogue with the IGT board regarding our concerns with IGT's operating and share price performance and how we believe we can help create value for ALL shareholders. We have had no confidence that our views--which we believe are strongly aligned with all shareholders' interests--have been considered, and we are determined to seek the support of our fellow shareholders in order to gain better representation for all of us in the boardroom. Unfortunately, in response to our efforts, our Board and management have resorted to a series of cheap personal attacks designed, in our view, simply to distract shareholders from the real issue... The Ader nominees have a forward-looking plan to refocus IGT on its core slot machine and systems business in order to increase shareholder value. As detailed in our presentation, we believe that our plan could create incremental annual EBITDA of $160M-200M with an associated upfront investment of $125M-150M." | |
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News For IGT From The Last 14 Days Check below for free stories on IGT the last two weeks. |
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| May 20, 2013 | | 07:25 EDT |  | IGT | Wells Faro to host a conference
 Subscribe for More Information | | | May 9, 2013 | | 13:08 EDT |  | IGT | International Game shares undervalued, says Argus
After International Game reported higher than expected Q2 EPS, Argus expects the company's earnings to accelerate over the next two years. The firm keeps a Buy rating on the shares. | |
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