International Game Technology (IGT) has released an update.
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International Game Technology PLC (IGT) has announced a significant restructuring, involving the separation of its Global Gaming and PlayDigital businesses via a spin-off to shareholders, followed by a merger with a subsidiary of Everi Holdings Inc. This complex transaction, which is still subject to regulatory approvals and other conditions, has successfully passed the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act as of late May 2024. Investors and stakeholders are encouraged to review the transaction details through the relevant filings with the SEC.
For further insights into IGT stock, check out TipRanks’ Stock Analysis page.