HIGH-STAKES TAKEOVERS: Hedge fund, private equity firm ante up at R.I.’s big moneymakers

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When Sen. Frank A. Ciccone got wind in July that Bally’s Corp.’s board of directors had accepted a $4.5 billion buyout offer from the hedge fund Standard General LP, his first call was to R.I. Lottery Director Marc A. Furcolo. Furcolo told Ciccone not to worry. But that is easier said than done when discussing […]


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