Announced Thursday, IGT's Gaming and Digital Business and Everi To Be Acquired By Apollo Funds in All-Cash Transaction; Everi Stockholders To Receive $14.25/ Share in Cash; IGT To Receive $4.05B Of Gross Cash Proceeds

Author: Benzinga Newsdesk | July 26, 2024 07:13am

 International Game Technology PLC (NYSE:IGT) ("IGT") and Everi Holdings Inc. (NYSE:EVRI) ("Everi") today announced that they have entered into definitive agreements whereby IGT's Gaming & Digital business ("IGT Gaming") and Everi will be simultaneously acquired by a newly formed holding company owned by funds managed by affiliates of Apollo Global Management, Inc. (NYSE:APO) ("Apollo") (the "Apollo Funds") in an all-cash transaction that values the acquired businesses at approximately $6.3 billion on a combined basis.

Posted In: APO EVRI IGT