Cramer's Lightning Round: Isis Is Still Good (10/29/14)
MILAN, Oct 30 (Reuters) - Italian gaming group GTECH said on Thursday it had reduced a bridge loan credit facility it used to back its buyout of U.S. slot machine maker International Game Technology...
International Gaming Technology (NYSE: IGT ). Gtech will pay an uncertain sum approximating ..... 25 for each share for Las Vegas-based IGT . The sum will consist of $13.69 in cash ..... mechanics behind the compensation for an IGT share are a little bit complicated and described
MILAN, Oct 4 (Reuters) - Italian gaming group GTECH said on Saturday it will hold an extraordinary shareholders' meeting on Nov. 4 to approve steps needed for the completion of its $4.7 billion buyout of U.S. slot machine maker International Game Technology.
International Game Technology (NYSE: IGT ) says it will supply gaming equipment for the City of Dreams casino in Manila. Financial terms of the contract weren't disclosed. Post your comment!
remains on track to be acquired by peer GTECH in early 2015. IGT shareholders will receive a portion of the buyout proceeds as shares ..... estimate. If the deal is not completed, we still estimate that IGT is worth roughly $14 per share on a standalone basis, as the
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
second quarter is a result of an erosion in IGT 's economic moat, but rather is due to weakness ..... equipment business and a lack of innovation by IGT relative to competitors the past several years. While IGT trades at what appears to be an attractive
its reduced outlook. We previously viewed growth prospects for IGT 's core gaming machine operations as limited, given the saturation ..... have a negative bias toward our stable moat trend rating. While IGT trades at a 15% discount to our expected new fair value estimate
equipment business, due to maturation of the North American gaming equipment market. Revenue increased 2% to $541 million, with IGT 's core gaming operations and product sales segment revenue, in aggregate, declining 2%. EBITDA declined 12% to $120 million