Business
May 6, 2022
Bally’s Corporation Rejected Standard General’s Takeover Offer
The gaming company Bally’s Corporation has turned down a takeover proposal from the investor giant Standard General. As of now, the former company will focus on its business and upping the price of its shares. Bally’s Turned down the Offer The offer put forward by the investors in January sought to buy out Bally’s at […]
Business
February 22, 2022
Bally’s Special Committee Retained Macquarie as Financial Advisor
Omnichannel gaming and entertainment company Bally’s Corporation announced in a press release today the special committee decided to retain the services of current financial and legal advisors in consideration of the acquisition proposal of Standard General. Evaluating the Proposal The special committee of independent and disinterested directors Bally’s Corporation formed to evaluate the bid tabled […]
