Brightstar Capital Partners' private equity fund has reached an agreement to purchase PlayAGS, a manufacturer of slot machines.
An offer of $12.50 per share in cash from Brightstar Capital was approved by the board this afternoon and recommended to its investors.
An estimated $1.1 billion is the offer value of the AGS company.
Brightstar Capital will invest in AGS as a result of the acquisition to push the development of its extensive portfolio of table games and high-performing slot products.
An offer of $12.50 per share in cash from Brightstar Capital was approved by the board this afternoon and recommended to its investors.
An estimated $1.1 billion is the offer value of the AGS company.
Brightstar Capital will invest in AGS as a result of the acquisition to push the development of its extensive portfolio of table games and high-performing slot products.