April 11 (Reuters) - Everi Holdings Inc EVRI.N :
* EVERI TO ACQUIRE ASSETS OF VIDEO KING, A LEADING
INTEGRATED
ELECTRONIC BINGO GAMING DEVICE AND SYSTEMS PROVIDER
* EVERI HOLDINGS INC - PROPOSED DEAL FOR CASH CONSIDERATION
OF
APPROXIMATELY $59 MILLION
* EVERI HOLDINGS INC - ACQUISITION WILL BE FUNDED FROM
EXISTING
CASH ON HAND
* EVERI - DEAL EXPECTED UPON CLOSING TO BE IMMEDIATELY
ADDITIVE TO
ADJUSTED EBITDA AND FREE CASH FLOW
Source text for Eikon: ID:nPnFXgZba
Further company coverage: EVRI.N
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