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0 0 -0.000558191459670556 -0.000837287189505834 0.00334914875802413 0.010884733463578 -0.0121406642478369 0.0061401060563775
Stock impact report

Bally's Enters Into Merger Agreement With Affiliates of Standard General L.P. [Yahoo! Finance]

DraftKings Inc. - Class A (DKNG) 
Company Research Source: Yahoo! Finance
Bally's Special Committee Unanimously Recommended and Board of Directors Approved the Transactions and the Per Share Cash Merger Consideration In Lieu of Receiving the Per Share Cash Merger Consideration, Bally's Stockholders Can Elect to Remain Invested in the Company via Rollover Election Bally's to be Combined with The Queen Casino & Entertainment PROVIDENCE, R.I., July 25, 2024 BUSINESS WIRE )--Bally's Corporation ("Bally's" or the "Company") (NYSE: BALY) announced today that it has entered into a definitive merger agreement (the "Merger") pursuant to which Standard General L.P. ("Standard General"), the Company's largest common stockholder, will acquire the Company's outstanding shares for $18.25 per Bally's share (the "Cash Consideration"). The price represents a 71% premium over the Company's 30-day volume weighted average price per share as of March 8, 2024, the last trading day before the public disclosure of Standard General's initial cash acquisition proposal of $15. Show less Read more
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