Brief: IGT's Gaming And Digital Business And Everi To Be Acquired Simultaneously By Apollo Funds In All-Cash Transaction

Everi Holdings

26/07/2024 11:59

July 26 (Reuters) - International Game Technology
 IGT.N :
    * IGT'S GAMING AND DIGITAL BUSINESS AND EVERI TO BE ACQUIRED
SIMULTANEOUSLY BY APOLLO FUNDS IN ALL-CASH TRANSACTION
    * INTERNATIONAL GAME TECHNOLOGY PLC - PROPOSED DEAL FOR IN
AN
ALL-CASH TRANSACTION THAT VALUES ACQUIRED BUSINESSES AT
APPROXIMATELY $6.3 BILLION
    * INTERNATIONAL GAME TECHNOLOGY PLC - EVERI STOCKHOLDERS
WILL
RECEIVE $14.25 PER SHARE IN CASH
    * INTERNATIONAL GAME TECHNOLOGY PLC - UPON COMPLETION OF
SALE OF
IGT GAMING TO APOLLO FUNDS, IGT WILL CHANGE ITS NAME AND STOCK
TICKER SYMBOL
    * INTERNATIONAL GAME TECHNOLOGY PLC - TRANSACTION WITH
APOLLO
FUNDS HAS BEEN UNANIMOUSLY APPROVED BY A SPECIAL COMMITTEE OF
IGT BOARD
    * INTERNATIONAL GAME TECHNOLOGY PLC -  TRANSACTION WITH
APOLLO
FUNDS HAS BEEN UNANIMOUSLY APPROVED BY ALL MEMBERS OF EVERI
BOARD
    * INTERNATIONAL GAME TECHNOLOGY PLC - IGT WILL RECEIVE $4.05
BILLION OF GROSS CASH PROCEEDS FOR IGT GAMING

Source text for Eikon:  ID:nPn8JyGn4a 
Further company coverage:  IGT.N 

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