K&F Growth Capital Issues Letter to the Board of Directors of Bally’s Corporation
Today K&F Growth Capital released the following letter to the Board of Directors of Bally’s Corporation:
- Today K&F Growth Capital released the following letter to the Board of Directors of Bally’s Corporation:
K&F Growth Capital, through entities it manages, is a shareholder of Bally’s Corporation (“Bally’s”, NYSE: “BALY”, or “the Company”). - Notwithstanding, Bally’s possess individually strong assets, and value ready to be unlocked with the right strategy and the right oversight.
- No longer can the Company focus on the vanity, negative return projects and assets sought after over the last three years.
- We recommend the Special Committee of the Board of Bally’s reject Standard General’s self-serving and undervalued acquisition proposal.