Bally's Provides Update On Strategic Review and Capital Return Program
Bally's simultaneously announced that its board of directors determined that Bally's should pursue initiating a cash tender offer for its shares.
- Bally's simultaneously announced that its board of directors determined that Bally's should pursue initiating a cash tender offer for its shares.
- The commencement of the offer is subject to, among other things, obtaining necessary financing and final approval by Bally's board.
- Bally's special committee was advised by Macquarie Capital (USA) Inc. as its financial advisor and Potter Anderson & Corroon LLP as its legal advisor.
- Shareholders are urged to carefully read these materials prior to making any decision with respect to the tender offer.