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How will AGS stock price react one week after the acquisition announcement?
4
Resolution / Starting Odds
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Story
PlayAGS to Be Acquired for $1.1B, Shareholders to Get $12.50 Per Share
May 10, 2024, 09:23 AM
Las Vegas-based gaming equipment provider PlayAGS has agreed to be acquired by private equity firm Brightstar Capital Partners in a deal valued at $1.1 billion (£877.3m/€1.02bn). The acquisition, which is still subject to shareholder approval, will result in AGS becoming a privately-held company. The transaction price represents a 39.5% premium, with AGS shareholders receiving $12.50 cash per share.
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