International Game (IGT) announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, in connection with the previously announced transaction whereby IGT’s Gaming & Digital business and Everi Holdings (EVRI) will be simultaneously acquired by a newly formed holding company owned by funds managed by affiliates of Apollo Global (APO). The expiration of the waiting period under the HSR Act satisfies an important condition necessary for the completion of the Proposed Transaction, which is expected to close by the end of the third quarter of 2025, and remains subject to other conditions and regulatory approvals.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on IGT:
- International Game Technology Faces Cybersecurity Breach
- Bet On It: Sportsbooks wary of Q4 outlook following unfavorable outcomes
- Everi Holdings shareholders approve acquisition by Apollo Global funds
- International Game price target lowered to $22 from $25 at Jefferies
- International Game Technology’s Q3 2024 Earnings Overview
