Bally’s agrees to New York hedge fund’s buyout offer valued at $4.6B

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PROVIDENCE – Rhode Island-based Bally’s Corp. on Thursday agreed to accept a buyout offer from hedge fund Standard General L.P. in a deal that values the casino operator at $4.6 billion.  Standard General, a New York-based hedge fund operator that already owned a 23% stake in Bally’s, will acquire the remaining shares at $18.25 per […]


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