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PlayAGS Stockholders Approve Acquisition By Brightstar Capital Partners
PlayAGS Stockholders Approve Acquisition By Brightstar Capital Partners
LAS VEGAS, Aug. 06, 2024 (GLOBE NEWSWIRE) -- PlayAGS, Inc. (NYSE: AGS) ("AGS" or the "Company"), a supplier of high-performing slot, table, and interactive products to the global gaming industry, today announced that, at a special meeting of its stockholders held on August 6, 2024 ("the Special Meeting"), AGS stockholders voted to approve the Company's acquisition by affiliates of Brightstar Capital Partners.
The final voting results of the Special Meeting will be reported on a Form 8-K filed by AGS with the U.S. Securities and Exchange Commission.
The transaction is expected to close in the second half of 2025 and is subject to customary closing conditions, including the receipt of regulatory approvals. Upon completion of the transaction, AGS will become a privately held company and shares of AGS common stock will no longer be listed on any public market.
About AGS
AGS is a global company focused on creating a diverse mix of entertaining gaming experiences for every kind of player. Its customer-centric culture and remarkable growth have helped it become one of the most all-inclusive commercial gaming suppliers in the world. Powered by high-performing slot products, an expansive table products portfolio, highly rated online casino content for players and operators, and differentiated service, the Company believes it offers an unmatched value proposition for its casino partners. Learn more at www.playags.com.
About Brightstar Capital Partners
Brightstar Capital Partners is a middle market private equity firm focused on investing in industrial, manufacturing, and services businesses where Brightstar believes it can drive significant value with respect to the management, operations, and strategic direction of the business. Brightstar employs an operationally intensive "Us & Us" approach that leverages its extensive experience and relationship network to help companies reach their full potential.
LAS VEGAS, Aug. 06, 2024 (GLOBE NEWSWIRE) -- PlayAGS, Inc. (NYSE: AGS) ("AGS" or the "Company"), a supplier of high-performing slot, table, and interactive products to the global gaming industry, today announced that, at a special meeting of its stockholders held on August 6, 2024 ("the Special Meeting"), AGS stockholders voted to approve the Company's acquisition by affiliates of Brightstar Capital Partners.
The final voting results of the Special Meeting will be reported on a Form 8-K filed by AGS with the U.S. Securities and Exchange Commission.
The transaction is expected to close in the second half of 2025 and is subject to customary closing conditions, including the receipt of regulatory approvals. Upon completion of the transaction, AGS will become a privately held company and shares of AGS common stock will no longer be listed on any public market.
About AGS
AGS is a global company focused on creating a diverse mix of entertaining gaming experiences for every kind of player. Its customer-centric culture and remarkable growth have helped it become one of the most all-inclusive commercial gaming suppliers in the world. Powered by high-performing slot products, an expansive table products portfolio, highly rated online casino content for players and operators, and differentiated service, the Company believes it offers an unmatched value proposition for its casino partners. Learn more at www.playags.com.
About Brightstar Capital Partners
Brightstar Capital Partners is a middle market private equity firm focused on investing in industrial, manufacturing, and services businesses where Brightstar believes it can drive significant value with respect to the management, operations, and strategic direction of the business. Brightstar employs an operationally intensive "Us & Us" approach that leverages its extensive experience and relationship network to help companies reach their full potential.
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