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>> BALLY TECHNOLOGIES Latest News

JUL 16, 2013 - Investors Business Daily

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Bally Sees Winning Hand In $1.3 Bil SHFL Buyout

Casino equipment maker SHFL Entertainment (SHFL) gapped up 22% to 22.74 intraday Tuesday on a $1.3 billion buyout offer from highly rated gambling equipment maker Bally Technologies (BYI). Bally was up 6.5% after it announced the $23.25 per share cash offer, indicating investors see it as a good deal for both companies. Bally said the merger would enable it to expand in Asia, including China. Macau, the specially designated casino region on

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