{"id":76,"date":"2024-06-13T11:10:07","date_gmt":"2024-06-13T08:10:07","guid":{"rendered":"https:\/\/pokerstarsnodepositbonus.icu\/2024\/06\/13\/ballys-corporation-explores-acquisition-offer-from-standard-general\/"},"modified":"2024-06-17T12:56:50","modified_gmt":"2024-06-17T09:56:50","slug":"ballys-corporation-explores-acquisition-offer-from-standard-general","status":"publish","type":"post","link":"https:\/\/pokerstarsnodepositbonus.icu\/2024\/06\/13\/ballys-corporation-explores-acquisition-offer-from-standard-general\/","title":{"rendered":"Ballys Corporation Explores Acquisition Offer from Standard General"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/GjEUnzSeaMw\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The gaming enterprise, Bally&#8217;s Corporation, has assembled a group to investigate a possible acquisition following a purchase proposal of $38 per share. The bid originates from Standard General, a hedge fund located in New York that currently holds a substantial portion of Bally&#8217;s shares (exceeding 20%) and whose chief executive, Soo Kim, possesses considerable knowledge of the company.  Although the transaction values Bally&#8217;s at more than $2 billion, there is no assurance of its completion. Bally&#8217;s aims to thoroughly evaluate all available choices, leading them to establish a dedicated committee composed of autonomous board directors to manage the matter.  However, Kim appears quite optimistic. He highlighted Standard General&#8217;s extensive history with Bally&#8217;s and conveyed a willingness to finalize the agreement promptly. He has even secured a funding strategy that incorporates sale-leaseback contracts and other mechanisms. <\/p>\n<p>The typical corporation will only move forward with this agreement if it receives approval from the designated group. <\/p>\n<p>Kim further stressed that their dedication to the organization stays firm, irrespective of the result. They plan to be enduring investors, even if the designated group doesn&#8217;t support the agreement or if the company&#8217;s public investors reject it. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The gaming enterprise, Bally&#8217;s Corporation, has assembled a group to investigate a possible acquisition following&hellip;<\/p>\n","protected":false},"author":32,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bally<\/title>\n<meta name=\"description\" content=\"Will gaming giant Bally\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pokerstarsnodepositbonus.icu\/2024\/06\/13\/ballys-corporation-explores-acquisition-offer-from-standard-general\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ballys Corporation Explores Acquisition Offer from Standard General\" \/>\n<meta property=\"og:description\" content=\"Will gaming giant Bally\" \/>\n<meta property=\"og:url\" content=\"https:\/\/pokerstarsnodepositbonus.icu\/2024\/06\/13\/ballys-corporation-explores-acquisition-offer-from-standard-general\/\" \/>\n<meta property=\"og:site_name\" content=\"Indulge in the Best Online Casino Experience | Licensed &amp; Secure\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-13T08:10:07+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-17T09:56:50+00:00\" \/>\n<meta name=\"author\" content=\"Joshua &quot;Jolt&quot; Rivera\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Joshua &quot;Jolt&quot; Rivera\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/pokerstarsnodepositbonus.icu\/2024\/06\/13\/ballys-corporation-explores-acquisition-offer-from-standard-general\/\",\"url\":\"https:\/\/pokerstarsnodepositbonus.icu\/2024\/06\/13\/ballys-corporation-explores-acquisition-offer-from-standard-general\/\",\"name\":\"Bally\",\"isPartOf\":{\"@id\":\"https:\/\/pokerstarsnodepositbonus.icu\/#website\"},\"datePublished\":\"2024-06-13T08:10:07+00:00\",\"dateModified\":\"2024-06-17T09:56:50+00:00\",\"author\":{\"@id\":\"https:\/\/pokerstarsnodepositbonus.icu\/#\/schema\/person\/df43d15bae7366ee45a2cb93f678c586\"},\"description\":\"Will gaming giant Bally\",\"breadcrumb\":{\"@id\":\"https:\/\/pokerstarsnodepositbonus.icu\/2024\/06\/13\/ballys-corporation-explores-acquisition-offer-from-standard-general\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/pokerstarsnodepositbonus.icu\/2024\/06\/13\/ballys-corporation-explores-acquisition-offer-from-standard-general\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/pokerstarsnodepositbonus.icu\/2024\/06\/13\/ballys-corporation-explores-acquisition-offer-from-standard-general\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/pokerstarsnodepositbonus.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Ballys Corporation Explores Acquisition Offer from Standard General\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/pokerstarsnodepositbonus.icu\/#website\",\"url\":\"https:\/\/pokerstarsnodepositbonus.icu\/\",\"name\":\"Indulge in the Best Online Casino Experience | Licensed &amp; Secure\",\"description\":\"Stay ahead of the curve with our up-to-date casino news, in-depth game reviews, and informative insights. 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