Brief: Bally's Agrees To Sell Real Property Assets Of Two Rhode Island Properties To Gaming And Leisure Properties For $1 Bln

Bally's

28/06/2022 21:42

June 28 (Reuters) - Bally's Corp  BALY.N :
    * PRESS RELEASE - BALLY'S AGREES TO SELL REAL PROPERTY
ASSETS OF
TWO RHODE ISLAND PROPERTIES TO GAMING AND LEISURE PROPERTIES FOR
$1 BILLION
    * BALLY'S CORP - IN ADDITION, BALLY'S WILL PAY A $9 MILLION
TRANSACTION FEE AT CLOSING
    * BALLY'S - PURSUANT TO DEAL CO TO IMMEDIATELY LEASE BACK
BOTH
PROPERTIES & CONTINUE TO OWN, CONTROL, & MANAGE GAMING
OPERATIONS ON UNINTERRUPTED BASIS

Source text for Eikon:  ID:nPn1gl1C0a 
Further company coverage:  BALY.N 

 ((Reuters.Briefs@thomsonreuters.com;))