The shares represent 9.2% of Bally’s total outstanding common shares, with the tender concluding at midnight on 22 July, having begun on 24 June. It originally planned to buy up almost a fifth (18.8%) of its common shares.
The preliminary count was taken by the depository for the tender offer, the American Stock Transfer & Trust Company. Out of the total shares, 2,143,640 were tendered through notice of guaranteed delivery.
Read the full story on iGB North America.
Original article: https://igamingbusiness.com/ballys-snaps-up-shares-worth-106-8m-in-stock-buyback/
