The merger agreement between Bally's Corporation and The Queen Casino & Entertainment was approved by the company's stockholders at a special meeting on November 19.
The Queen, a portfolio company that is primarily owned by Standard General LP, Bally's biggest shareholder, is involved in the agreement.
A majority of unaffiliated stockholders voted in favor of the proposed merger, demonstrating their confidence in it. A non-binding advisory vote on the deal's executive compensation was also approved by the agreement.
The Queen, a portfolio company that is primarily owned by Standard General LP, Bally's biggest shareholder, is involved in the agreement.
A majority of unaffiliated stockholders voted in favor of the proposed merger, demonstrating their confidence in it. A non-binding advisory vote on the deal's executive compensation was also approved by the agreement.