Bally's said today that its shareholders approved the previously announced takeover from Standard General, the largest investor in the regional casino operator and a hedge fund.
Standard General-controlled shares were not included in the affirmative vote, according to the casino operator based in Rhode Island.
The deal is anticipated to close sometime in the first half of 2025, and in a surprising but not unprecedented development, Bally's will continue to be a publicly traded company.
Standard General-controlled shares were not included in the affirmative vote, according to the casino operator based in Rhode Island.
The deal is anticipated to close sometime in the first half of 2025, and in a surprising but not unprecedented development, Bally's will continue to be a publicly traded company.
