“While the deal makes considerable sense for WMS given current industry headwinds and company specific struggles, we find the rich premium and pro forma outlook to be somewhat daunting for Scientific Games,” Deutsche Bank gaming analyst Carlo Santarelli told investors. Scientific Games agreed to pay WMS stockholders $26 per share – 59 percent above Wednesday’s closing price – and assume roughly $85 million of WMS debt. faces in acquiring slot machine giant WMS Industries for $1.5 billion. One analyst, however, was cautious about the task New York-based Scientific Games Corp. ![]() A move into the casino side of the gaming manufacturing sector by one of the lottery industry’s largest equipment providers was praised Thursday as a shrewd business move by Wall Street.
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |