IGT finalizes deal to sell subsidiary for $825M

INTERNATIONAL GAME TECHNOLOGY PLC announced that the company completed a deal with DoubleU Games to sell a subsidiary for $825 million and establish an ongoing royalty agreement.
INTERNATIONAL GAME TECHNOLOGY PLC announced that the company completed a deal with DoubleU Games to sell a subsidiary for $825 million and establish an ongoing royalty agreement.
PROVIDENCE - International Game Technology PLC finalized a deal to sell its subsidiary Double Down Interactive LLC for $825 million to an affiliate of DoubleU Games Co. Ltd., a social casino operator based in Seoul, South Korea. The deal also included a game development, distributions and services agreement to provide DoubleU with access to IGT’s…

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