Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Scientific Games Will Soon Put a Bow on Its $609 Million Acquisition

TheMotleyFool

0 0

Scientific Games Will Soon Put a Bow on Its $609 Million Acquisition

At the rate it's going, lottery and gaming technology specialist Scientific Games (NASDAQ: SGMS) will soon become a larger company. After signing a deal valued at CA$775 ($609 million) to acquire digital gaming specialist NYX Gaming Group in September, Scientific Games has been busy snapping up the company's shares.

It now has a good chunk of NYX, so the deal will almost certainly close before long. Here's a brief look at the arrangement, and its cost to the acquirer.

Image source: Scientific Games.

Source: Fool.com