Combination Will Expand Global Capabilities to Deliver Innovative Gaming, Lottery and Social Content, World-Class Systems Solutions and Value-added Services Across Multiple Distribution Channels and Platforms
Transaction Expected to be Immediately Accretive to Scientific Games' EPS and Cash Flow $220 Million in Annual Cost Synergies and $25 Million in Annual Capital Expenditure Savings Anticipated to be Realized by End of Second Year After Closing Conference Call Today at 8:30 am EDT, (866) 318-8617 NEW YORK and LAS VEGAS , Aug.
Company Will Have Strong, Balanced Portfolio of Iconic Brands Across Key Categories WINSTON-SALEM, N.C. and GREENSBORO, N.C. , July 15, 2014 /PRNewswire/ --
TRANSACTION HIGHLIGHTS Newport to Join Reynolds American's Operating Companies' Key Brands - Camel, Pall Mall, Natural American Spirit, Grizzly and VUSE Next Step in Transforming Tobacco for Reynolds American R.J. Reynolds to Sell Selected Brands and Assets to a subsidiary of Imperial Tobacco Group, PLC ("Imperial"), Significantly Enhancing Imperial's U.S. Competitive Positioning British American Tobacco p.l.c. ("BAT") to Maintain 42% Ownership Position in Reynolds American, Lorillard Shareholders to Hold 15% Reynolds American and BAT Agree in Principle to a Joint Technology-Sharing Strategy for Next-Generation Products Acquisition to Further Fuel Reynolds American's Investment in Innovation
Scientific Games Corporation (Nasdaq: SGMS) (“Scientific Games”) and
Bally Technologies, Inc. (NYSE: BYI) (“Bally”) today announced that the
companies have entered into a definitive merger agreement whereby
Scientific Games has agreed to acquire all of the outstanding Bally
common stock for $83.30 in cash per share, which represents a 38 percent
premium to Bally’s closing stock price on July 31, 2014.
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