Tag: Soo Kim
SEC filing of the week: Bally’s to acquire Australian gaming company...
PROVIDENCE – Bally's Corp. has entered an agreement to acquire Australian gaming company Star Entertainment Group Ltd. for approximately $187 million .
According to its...
Activist shareholder opts against refiling proposal to study going smoke-free at...
The push to clear the air inside Rhode Island’s two casinos won’t ignite at the shareholder level this year.
Enough Bally’s Corp. shareholders had backed...
Bally’s stockholders approve merger with Standard General L.P.
PROVIDENCE – Bally’s Corp.’s stockholders on Wednesday agreed to accept a buyout offer from New York-based hedge fund Standard General L.P. in a deal...
SEC filing of the week: Bally’s amends merger agreement with introduction...
PROVIDENCE – Bally's Corp. has amended its merger agreement with hedge fund Standard L.P. to include provisions for a new class of stock.
In an...
IGT Gaming being acquired by Apollo Global Management in $6.3B deal
PROVIDENCE – IGT Gaming, along with Everi Holdings Inc., announced on Friday they are being acquired by private equity firm Apollo Global Management Inc....
Bally’s agrees to New York hedge fund’s buyout offer valued at...
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...
Bally’s mulls takeover bid as credit agencies downgrade ratings
PROVIDENCE – As the three major credit rating agencies have now downgraded Bally’s Corp.’s financial outlook into junk bond territory in recent weeks, the...
Bally’s agrees to partnership deal with Minor League Baseball
PROVIDENCE – The state’s biggest gambling company now has an assignment in the minors.
Bally’s Corp. announced Friday that it has forged a multiyear partnership...
Bally’s making change in leadership, posts preliminary $477M Q4 loss
PROVIDENCE – Lee Fenton, CEO of Bally’s Corp., will step down on March 31, the gaming company announced Monday as it also released preliminary 2022 financial...
Bally’s sells Chicago casino property in $500M leaseback deal
PROVIDENCE – Bally’s Corp. announced Monday it has sold the property for its proposed Chicago casino to a private real estate equity firm in...
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