Gaming supplier PlayAGS is set to go private after signing a definitive agreement to be acquired by affiliates of New York-based private equity firm Brightstar Capital Partners for $1.1 billion.
The deal will see AGS shareholders receive $12.50 per share in cash, with the purchase price representing a 41 per cent premium to the company’s volume-weighted average share price over the last 90 days and a 40 per cent premium to AGS’ closing price on Wednesday [...]
