Standard General lodges $2.07 billion takeover offer for Bally’s Corporation

The value of individual shares in American land-based casino operator Bally’s Corporation reportedly rose by around 25% yesterday following news that its largest investor has floated an around $2.07 billion takeover offer. According to a Tuesday report from the Bloomberg news service, American hedge fund Standard General is already the Rhode Island-based casino company’s largest […] Source: https://news.worldcasinodirectory.com/standard-general-lodges-2-07-billion-takeover-offer-for-ballys-corporation-99383