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Jim Murren Blank-Check Firm Acies Merging with MGM-Backed Playstudios in $1.1 Billion DealWritten by: Todd Shriber

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Acies Acquisition Corp. (NASDAQ:ACAC), a special purpose acquisition company (SPAC) started by former MGM Resorts International (NYSE:MGM) CEO Jim Murren, is merging with social casino developer Playstudios, Inc. The transaction values the mobile gaming outfit, which is supported in part by Murren’s former employer, at $1.1 billion. That implies a valuation on the Las Vegas-based
The post Jim Murren Blank-Check Firm Acies Merging with MGM-Backed Playstudios in $1.1 Billion Deal appeared first on Casino.org.
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