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News Breaks
August 20, 2014
07:15 EDTBYI, SGMSScientific Games, Bally report early termination of HSR Act waiting period
Scientific Games Corporation (SGMS) and Bally Technologies (BYI) announced that the companies received notice of early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 with respect to Scientific Games’ pending acquisition of Bally. The acquisition is expected to be completed in early 2015. As announced on August 1, Scientific Games has agreed to acquire all of the outstanding Bally common stock for $83.30 in cash per share. The acquisition will be financed with debt and cash on hand and Scientific Games has obtained committed debt financing for the transaction, which is not subject to a financing contingency. Termination of the HSR waiting period satisfies one of the conditions required for completion of the transaction. The transaction remains subject to approval by Bally’s stockholders, receipt of certain gaming regulatory approvals and other customary conditions.
News For SGMS;BYI From The Last 14 Days
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February 9, 2016
16:51 EDTSGMSScientific Games products selected by Absentee Shawnee Tribe
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February 4, 2016
16:18 EDTSGMSScientific Games wins Marnell Gaming casinos systems business
Scientific Games announced that Marnell Gaming has selected the company's Bally Systems Suite for its two casinos in Laughlin, Nevada, the Colorado Belle Hotel and Casino and the Edgewater Hotel and Casino. Marnell Gaming is replacing a competitor's product with Scientific Games' casino management systems suite to drive operational efficiencies and delight players. The systems installation at both casinos will include SDS, CMP, Elite Bonusing Suite, iVIEW, iVIEW Display Manager and Business Intelligence.

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