Day: July 25, 2024
Bally’s Soars After Accepting Increased Takeover Bid From Standard General
Shares of Bally’s (NYSE: BALY) are higher by more than 25% in late trading after the regional casino operator accepted an increased takeover offer from hedge fund Standard General. Standard General founder Soo Kim. Bally’s accepted a revised $18.25 per share takeover offer from the money manager. (Image: Meet AC/Casino.org) The acquisition bid values the…
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