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.

Continue reading


Source: Fool.com