
PROVIDENCE – Rhode Island-based Bally’s Corp. on Thursday agreed to accept a buyout offer from hedge fund Standard General L.P. in a deal that values the casino operator at $4.6 billion. Standard General, a New York-based hedge fund operator that already owned a 23% stake in Bally’s, will acquire the remaining shares at $18.25 per
To Continue Reading This Article
Become a Providence Business News subscriber and get immediate access to all of our premier content and much more.Learn More and Become a Subscriber













