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Bally’s Board Forms Committee to Mull Standard General Takeover OfferWritten by: Todd Shriber

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Bally’s (NYSE:BALY) said it formed a special committee to evaluate the recent takeover offer made by hedge fund Standard General — the casino operator’s largest shareholder. Standard General is controlled by Soo Kim, a member of Bally’s board. Last week, the investment firm filed an acquisition bid valuing the gaming company at $38 a share,
The post Bally’s Board Forms Committee to Mull Standard General Takeover Offer appeared first on Casino.org.
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