US gaming supplier Bally Technologies has entered into a definitive agreement to acquire SHFL entertainment for a total consideration of approximately $1.3bn.
The transaction has been unanimously approved by the board of directors of both Bally and SHFL, with Bally agreeing to pay $23.25 per share to acquire SHFL, representing a premium of 24 per cent on the company’s closing share price yesterday.
Bally said that the acquisition of SHFL will complement the company’s existing product portfolio, [...]
