NYSE: AGN ), Time Warner (NYSE: TWX ), Twenty-First Century Fox (NASDAQ: FOX ), International Game Technology (NYSE: IGT ), Michael Kors (NYSE: KORS ) , Rockwood Holdings (NYSE: ROC ), Albemarle (NYSE: ALB ) On a day the Dow was down only
MILAN, July 17 (Reuters) - Standard & Poor's has cut its rating for Italy's lottery operator GTECH and Moody's put it on review for a downgrade after the company said it was buying U.S. slot machine...
MILAN, July 17 (Reuters) - Standard & Poor's has cut its rating for Italy's lottery operator GTECH to BBB- from BBB after the company announced it was buying U.S. slot machine maker International...
LONDON, July 17 (Reuters) - Italian-regulated gaming company GTECH is backing its $4.7 billion cash and stock acquisition of U.S. based International Game Technology ( IGT ) with a $10.7 billion bridge loan.
* GTECH shares rise 5 pct, IGT also up in pre-market trade (Adds Breakingviews link)
MILAN - July 16 (Reuters) - Italy's GTECH will buy U.S. slot machine maker International Game Technology for $6.4 billion including debt, shifting the lottery operator's centre of gravity away from its struggling domestic market.
Gainers: TWX +16% . IGT +9% . NEWL +9% . ISR +6% . PT +5% . FEYE +5% . INTC +5% . Losers: BIOA -16% . POZN -6% . 1 comment!
startups are starting to negatively affect IGT .Passage of legalized online gambling at ..... s DoubleDown social gaming business. IGT appears attractively valued, with a trailing ..... 2011 and 2012 with a focus on improving IGT 's core gaming manufacturing businesses
GTECH announced a proposal to acquire IGT for $18.25 per share, or $6.4 billion ..... assumption of $1.7 billion in net debt. IGT shareholders will receive $13.69 in cash ..... near the transaction date. The deal values IGT at 8.8 times 2013 adjusted EBITDA and
buy International Game Technology (NYSE: IGT ) in a cash and stock deal worth $4.7B. Gtech will pay an 18% premium on IGT 's yesterdays closing stock price of ..... Gtech will assume $1.75B in existing IGT debt. At a time when the gambling industry