Anzeige
Mehr »
Login
Freitag, 04.04.2025 Börsentäglich über 12.000 News von 693 internationalen Medien
Warum Almonty Industries zum Schlüsselplayer für NATO-Staaten wird
Anzeige

Indizes

Kurs

%
News
24 h / 7 T
Aufrufe
7 Tage

Aktien

Kurs

%
News
24 h / 7 T
Aufrufe
7 Tage

Xetra-Orderbuch

Fonds

Kurs

%

Devisen

Kurs

%

Rohstoffe

Kurs

%

Themen

Kurs

%

Erweiterte Suche

WKN: A2QG42 | ISIN: US05875B1061 | Ticker-Symbol: N/A
Frankfurt
06.02.25
09:18 Uhr
17,400 Euro
0,000
0,00 %
1-Jahres-Chart  (nicht börsennotiert)
BALLYS CORPORATION Chart 1 Jahr
PR Newswire
84 Leser
Artikel bewerten:
(0)

Julie & Holleman LLP: Bally's Buyout Alert: Is $10 Fair? Shareholders Seeking More Money Should Contact Julie & Holleman Regarding Sale to Major Shareholder Standard General L.P.

Finanznachrichten News

NEW YORK, July 25, 2024 /PRNewswire/ --Nationally recognized shareholder rights firm Julie & Holleman LLP is investigating the proposed $18.25 per share buyout of Bally's Corporation (NYSE: BALY) by the company's largest shareholder, private equity firm Standard General L.P.

For a free, no-risk consultation, please visit https://julieholleman.com/ballys-corporation/, or contact firm partner Scott Holleman by email at [email protected].

Bally's is a global casino -entertainment company with a growing omni-channel presence, managing 15 casinos across 10 states, a golf course in New York, a horse racetrack in Colorado, and has access to OSB licenses in 18 states. The company's largest shareholder is Standard General, which has maintained a more than 25% stake for several years.

On July 25, 2024, Bally's announced that it had entered into an agreement to be acquired by Standard General for $18.25 per share in cash, which values the company at approximately $4.6 billion.

Julie & Holleman, whose attorneys have helped secure hundreds of millions of dollars for shareholders, is concerned about the inadequate deal price. The $18.25 per share deal price is less than the recent Bally's recent trading prices. Julie & Holleman is also concerned about conflicts of interest-Standard General is squeezing out public shareholders while retaining for itself the company's massive potential. Indeed, certain investors have expressed that Standard General is taking advantage of short-term market conditions to buy the company at a steap discount to its intrinsic value.

Please visit https://julieholleman.com/ballys-corporation/ or contact partner Scott Holleman by email at [email protected] or by telephone at (929) 415-1020 for more information.

Julie & Holleman is a boutique law firm that focuses on shareholder litigation, including derivative actions, mergers and acquisitions cases, securities fraud class actions, and corporate investigations. The firm's attorneys litigate in state and federal courts across the nation and have helped secure hundreds of millions of dollars for aggrieved companies and their shareholders. For more information about the firm, please visit www.julieholleman.com. This notice may constitute attorney advertising.

CONTACT INFORMATION

Julie & Holleman LLP
W. Scott Holleman, Esq.
157 East 86th Street
4th Floor
New York, NY 10028
(929) 415-1020
www.julieholleman.com

SOURCE Julie & Holleman LLP

© 2024 PR Newswire
Werbehinweise: Die Billigung des Basisprospekts durch die BaFin ist nicht als ihre Befürwortung der angebotenen Wertpapiere zu verstehen. Wir empfehlen Interessenten und potenziellen Anlegern den Basisprospekt und die Endgültigen Bedingungen zu lesen, bevor sie eine Anlageentscheidung treffen, um sich möglichst umfassend zu informieren, insbesondere über die potenziellen Risiken und Chancen des Wertpapiers. Sie sind im Begriff, ein Produkt zu erwerben, das nicht einfach ist und schwer zu verstehen sein kann.