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Jaguar8 commented on a stock · May 9, 2024 20:32

$PlayAGS (AGS.US)$ NEWS AGS Enters Into Definitive Agreement...

NEWS
AGS Enters Into Definitive Agreement To Be Acquired By Brightstar Capital Partners for Approximately $1.1 Billion
AGS, a global gaming supplier, has entered into a definitive agreement to be acquired by Brightstar Capital Partners for approximately $1.1 billion. The acquisition provides AGS shareholders with $12.50 per share in cash, representing a 41% premium to the Company's average share price. The transaction is expected to close in the second half of 2025, subject to regulatory approvals and shareholder approval.
Positive
AGS shareholders are offered a 41% premium on their shares through the acquisition by Brightstar Capital Partners.
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