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IGT confirms discussions as shares surge

16th June 2014 8:19 am GMT

Shares in US gaming supplier International Game Technology (IGT) closed up 10.52 per cent in New York Friday on reports of possible takeover bids by companies including GTECH.

Reuters reported Friday that several interested parties have made preliminary offers to acquire the business, with binding bids expected to be submitted within the next few weeks.

The report names lottery operator GTECH and investment firms MacAndrews & Forbes Holdings, Apollo Global Management and Carlyle Group as the companies [...]

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