Bally's chairman is once again putting out a bid to take the Rhode Island-based casino company private, two years after the first attempt at a buyout.
A recent filing states that his company Standard General has made an offer to pay $15 for all of the company's outstanding shares. That sum represented a 40% premium over the share price at the time the letter with the offer was delivered. A quarter of the business is owned by Standard General.
A recent filing states that his company Standard General has made an offer to pay $15 for all of the company's outstanding shares. That sum represented a 40% premium over the share price at the time the letter with the offer was delivered. A quarter of the business is owned by Standard General.
