Because the relevant waiting period on that matter is about to expire, it seems unlikely that federal regulators will scrutinize Standard General's proposed $18.25 per share takeover of Bally's for antitrust violations.
In March, a takeover offer of $15 per share was floated by Standard General, the hedge fund that holds the largest stake in Bally's. The regional casino operator accepted that in July after it was raised to $18.25 per share.
In March, a takeover offer of $15 per share was floated by Standard General, the hedge fund that holds the largest stake in Bally's. The regional casino operator accepted that in July after it was raised to $18.25 per share.